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It was an interesting drop ... seemed to just drift off and then it came back on
strong tick volume which was surprising for a pre-holiday Friday. Speaking of
observations, anyone noticed that the broker dealer index has been hacked by
40%?
Earl
-----Original Message-----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Date: Friday, September 04, 1998 3:23 PM
Subject: Observations for you
>If you look at the price of the SP where it closed and you look at the 1:00
>pm reading Chicago time what do you see? The same price, the market is
>scared and they are worried else the price at one o'clock wouldn't be the
>same as the close. Does anyone know whats with one o'clock? US bonds
>thats what, the market may be in for some further downside, we could either
>go much lower or sideways. I'm thinking and thats dangerous, ignore the
>above. But I've seen this before.
>
>Mark Brown
>
>
>
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