OH OH DOW DOWN 143 AT 3PM EASTERN

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dUM DA DUM DUM

-- (DowGuy@wallstreet.com), October 13, 1999

Answers

Tums, tums tums tums

-- TrustHim (ItComes@Soon.now), October 13, 1999.

Everyone on the money channel looked down trodden today, and it was Sushi day for them too! They were really at a loss for words! One of the commentators was selling Girl Scout cookies on TV to his colleagues will the Dow kept slipping! Nothing like trying to change the subject right on the air!

-- DOW watcher (DOWwatcher@DOWwatcherrr.xcom), October 13, 1999.

- @ 175 1/p PT

-- somebody tie up the fat lady (before@she.doesit), October 13, 1999.

I got a stock market guy down here at work (polly) who still has most of his money in the market. He's pushing 60, what ignorance!! He thinks y2k will not have a bearing on the market. In fact, nothing will. The market will continue to rise and rise with no end it site, in his opinion. I get so sick of his polly attitude and that smirk. He makes sure I know when the stock market is doing well. He knows I have my money (401k) out of the market for various threats (not only y2k related). Right now, he's not smiling.

-- Larry (cobol.programmer@usa.net), October 13, 1999.

The appropriate Polly response - "But utilities finished up .94! It can't be that bad or everything would be going down!"

Whats the total this week, down around 400 points in the first 2 days. Wasn't somebody predicting a major tank 10/14? Looks like a good warmup....

-- C (c@c.com), October 13, 1999.



I saw Bill Griffith selling girl scout cookies on CNBC. What a rube. You can tell most of those yuppies have money in the market. They always look like they're gonna puke when the market tanks.

-- (DowGuy@wallstreet.com), October 13, 1999.

Markets closed at 4 pm EST?

Dow down -184, Nasdaq -74, S&P -27

-- (huh?@huh.huh), October 13, 1999.


UH-OH. Tomorrow is Thursday and it looks like the S&P 500 might go below the "support level" of 1255. Thursday, October 24, 1929 was the day the bottom fell out. Just coincidence or is tomorrow going to be "Black Thursday" again?

-- @ (@@@.@), October 13, 1999.

CNBC reported a record of 300 NEW LOWS for stocks today. The most since last Oct correction. What will tomorrow bring? Buy on the dips they keep saying.

-- y2k dave (xsdaa111@hotmail.com), October 13, 1999.

Here it is...

Stick A Fork In The Dow

-- (brett@miklos.org), October 13, 1999.



@--

If black thursday happened on October 24th 1929, why would we have black thursday 10 days early on the 14th...??? I know the 24th is a Sunday... but if things are so similar why tommorow...???

No flame, just a question... must have missed something

-- STFrancis (STFrancis@heaven.com), October 13, 1999.


"Buy on the dips they keep saying."

Are you sure you didn't mean "the dips keep buying"!

-- @ (@@@.@), October 13, 1999.


STFrancis,

You ask:

"If black thursday happened on October 24th 1929, why would we have black thursday 10 days early on the 14th...???"

Well, if I had to take a guess I would say that maybe over the past 70 years investors have learned just about enough to perceive the crisis 10 days earlier, and that's probably mostly because of technological improvements.

I am certainly not saying I believe that this will occur, just pointing out that there might be some kind of ironic synchronicity here.

-- @ (@@@.@), October 13, 1999.


On the other hand, information (true and fals, rumors, and facts, spun and unspun) now spreads around the world immediately.

Thus, the-brokers-that-be can control the markets faster, but hte "public" whose money is in the market can respond even faster.....thus, by your logic, it should have failed in August.

Of course, maybe it did, it's just failing (falling) more slowly than in Oct 29, etc.

-- Robert A. Cook, PE (Marietta, GA) (cook.r@csaatl.com), October 13, 1999.


Uh... Robert, I was joking. It is my belief that these clowns haven't really learned a damn thing from history and most of them are still in denial. I was joking about giving them credit for seeing it coming 10 days early.

-- @ (@@@.@), October 13, 1999.


Whatta heapin, stinkin' pile of soft-serve dook! Not the thread, but the market itself. Notice that Gold didn't drop -much- though. Gold has always been the best indicator of economic health. Economy healthy, gold low, economy in trouble, gold high... nothing new, but this pile o' crap market play... I want to see it spiral in from 10000 in a flaming crash that leaves Wall Street covered in the ten- deep piles of rotting day-trader carcasses... I want to see CEO's swan diving 34 floors to shatter their nuggets on the concrete like a rotten pomegranite. Call me irresponsible...Call me psycotic...Call me what you like, but a little bloodletting and carnage among the 'haves' of this world would be the highest rated show in history... When the "Crash" finally does come, I'll be here on wall street, sitting in a chair, and watching the ledges... Now THATS entertainment! -- Billy-Boy (Rakkasn@Yahoo.com), September 28, 1999.

-- (this@goes.here), October 13, 1999.

ST Francis: If you visit the website www.futuresfax.com then you will see why the count of days brings up Oct 14,1999.

IT ALL HAS TO DO WITH Fibonacci numbers, which are an arithmetic series based on growth relative to the present amount.

55 is a natural Fibonacci number, meaning it is present in the sequence that starts with 1.

Hence:1,1,2,3,5,8,13,21,34,55,89,...

The growth sequence is sort of similar to the natural logarithm constant 2.71828, but it is NOT a geometric or logarithmic sequence!

All kinds of ratios can be derived from Fibonacci numbers, be they inverse, invers-squared, etc. THE most important ratio is phi, which .618 approximately, and its inverse 1.618. They are referred to as the GOLDEN RATIO, as they have some UNIQUE mathematical properties.

Fractal geometry, being the geometry of the universe, is based on waves that bear Fibonacci relationships AT ALL SCALES OF MAGNITUDE.

Elliott waves are a form of fractal geometry, and even human mass psychology follows Elliott waves, as clearly shown by the likes of R.N. Elliott, whom they are named after (who, by the way, at the time in the 1930's , knew nothing about fractal geometry) .

A good book, although small, is "fibonacci numbers", by N.N. VOROB'EV.

There are several Elliott wave newsletters out there. you could try www.elliottwave.com

www.wavechart.com

I cannot give you specifics, but these guys are both pointing to some very deep ka-ka dead ahead.

-- profit_of_doom (doom@helltopay.ca), October 13, 1999.


Brett's "Stick a Fork in the Dow" link is to an August 2 posting by Paul Milne regarding the upcoming sinking of the DOW. Definitely worth reading.

-- King of Spain (madrid@aol.cum), October 13, 1999.

My advice is to be well out of the way when the sore losers start coming to work with their weapons.

-- a (a@a.a), October 13, 1999.

Billy-Boy... that was a very sad letter... to have no reverence for life is sick. And when you say you think it's a good thing to have people killing themselves over stock losses, you are saying that it would be good for my parents to do this.

I have no money, so stock markets will never affect me. But people that I love do. I don't want to see this happen... every one of those people you say you want to watch jump has a family that loves them.

You need serious help.

just me (help me here... is this guy just a troll? Could anybody actually feel the way he does? It is unfathomable to me.)

-- just me (notgonna give it@wonder.why), October 13, 1999.


People will jump off a building because they do not care or love their family. They care more about losing their cushy lifestyle and can't bear the thought of losing everything. People get so despondent over things they COULD have had control over but chose to believe that nothing bad would ever happen to them. People like that live on the edge of life and death, they probably scratched, clawed, brown-nosed their way to the top and when it comes crashing down, they feel that everything is gone and there's nothing left but hard work again. Perhaps these people Billy-boy is referring to, are people in their late 50's who figure it's too late for them to start over. If and when TSHTF, it will not only be the high roller heads that will be swimming, but people like Larry's coworker who sit's there thinking Larry is a Y2K wacko and who isn't playing the DOW see-saw game.

In any case what does anyone have to lose for taking their money out of the market on the mere speculation that it's headed for the dump? I am pleased that we took our money out because right now we would be sitting with big losses and it would take years to recover. This is all about money and gambling, you win some and you lose some but don't blame others for your ignorance.

-- DOW watcher (DOWwatcher@DOWwacherrr.xcom), October 13, 1999.


Does anyone know what happened to CyclePro?

-- John (...@...), October 13, 1999.

Brett's "Stick a Fork in the Dow" link is to an August 2 posting by Paul Milne regarding the upcoming sinking of the DOW. Definitely worth reading.

Specifically, it said this:

*If* we move down to about 10,250, it's good night nurse, and you can kiss your a**es good-bye.

Don't necessarily expect a huge crash overnight, but the top has been reached and it is going the other way for good.

You heard it here FIRST.

Paul Milne

-- (brett@miklos.org), October 13, 1999.


As I ahve been saying since July...THE DOW WILL CRASH OCTOBER 14, 1999.

THATS TOMORROW !!!!!!!!!!!!!!!!!! YES I LOVE IT THE SHEEPLE GET SHEARED TOMORROW AND I GET RICHER !!!!!!!!YEEEEESSSSSSSSSSS!!!!!!

-- Dow Crash (dowcrash@tomorrow.forsure), October 13, 1999.


CNBC reported both NASDAQ and AMEX went below their 200 day moving average and that is not a good thing. Here we go again...

-- y2k dave (xsdaa111@hotmail.com), October 13, 1999.

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