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<DIV>If anyone has a problem with me sending jokes on the weekends</DIV>
<DIV>let me know. I'll stop sending. </DIV>
<DIV> </DIV>
<DIV>Trading is stressful, I think taking a few minutes to smile is</DIV>
<DIV>really important to keep your prospective. </DIV>
<DIV> </DIV>
<DIV><FONT size=2><FONT size=3>Andrew<BR><FONT size=4><BR></FONT>-
<BR>> > You're not having a bad day ... these people had bad
days:</FONT><BR>> > <BR>> </FONT><FONT
size=3>> 1. The
average cost of rehabilitating a seal after the Exxon<BR>>
> Valdezoil spill in Alaska was
$80,000. At a special ceremony,<BR>two<BR>>
> of the most expensively saved animals
were released back into the<BR>> >
wild amid cheers and applause from the onlookers. A
minute<BR>later<BR>> > they were both
eaten by a killer whale.<BR>> > <BR>>
> 2. A
psychology student in New York rented out her spare<BR>room<BR>>
> to a carpenter in order to nag
him constantly and study his<BR>> >
reactions. After weeks of needling, he snapped and beat her with<BR>>
> an ax, leaving her with permanent
severe brain damage.<BR>> > <BR>>
> 3. In
1992, Frank Perkins of Los Angeles made an attempt on<BR>>
> the world flagpole-sitting
record. Suffering from the flu, he<BR>came<BR>>
> down eight hours short of the 400 day
record. His sponsor had<BR>>
> gone bust, his girlfriend had left him,
and his phone and<BR>> > electricity
had been turned off.<BR>> > <BR>>
> 4. A
woman came home to find her husband in the kitchen,<BR>>
> shaking frantically with what looked
like a wire running from his<BR>> >
waist towards the electric kettle. Intending to jolt him
away<BR>> > from the deadly current,
she whacked him with a plank of wood<BR>that<BR>>
> had been by the back door, breaking his
arm in two places. Till<BR>> >
that moment he had been happily listening to his walkman.<BR>> > <BR>>
> 5. Two
animal rights protesters were protesting at the<BR>cruelty<BR>>
> of sending pigs to the slaughterhouse
in Bonn, Germany. Suddenly<BR>> > the
pigs, all two thousand of them, escaped through a broken<BR>fence<BR>>
> and stampeded, trampling the two
hapless protesters to death.<BR>> > <BR>>
> AND THE WINNER IS.......<BR>> >
<BR>> >
6. An Iraqi terrorist, Khay Rahnajet, didn't pay
enough<BR>> > postage on a letter
bomb. It came back with "return to sender"<BR>>
> stamped on it. Forgetting it was the
bomb, he opened it and was<BR>> >
killed in the explosion.<BR>> > <BR>>
> See, I told you that you weren't having
a "BAD DAY"<BR>> </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat Aug 07 19:19:35 1999
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Message-ID: <01bf01bee105$93fbee80$7d47fea9@xxx>
From: "ROBERT ROESKE" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxx>
References: <002401bee0fe$1cf536e0$7fdb2599@xxxx>
Subject: Re: Is there really a CCT?
Date: Sat, 7 Aug 1999 11:49:24 -0700
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Status:
Was it crash control or just plane old fashioned technical analysis, or
maybe the brokerage firms were defending the hourly support line. The prior
three times when the INDU tagged the hourly support line, the hourly and
weekly NSync were at a cycle low just like last week. NSync comes from
another RTer so code from me is not available. In bull markets the weekly
NSync spends most of its time above the 50% line. IF the cycles continue
then the optimum entry has passed. Coupling NSync with Mark Cook's
cumulative tick historical low last week, and a Bradley low on daily data in
this time frame, and congress going on recess, and no reports except the PPI
on next Friday, Jerry Favors might just get his 11,000 next week.
BobR
----- Original Message -----
From: Dotsie <dbisn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Sent: Saturday, August 07, 1999 10:55 AM
Subject: Is there really a CCT?
> Early Thursday things became so serious, with key stocks down huge
amounts,
> that apparently the Fed's rumored "Crisis Control Team" (CCT) was brought
> out
> to produce a market rally. Suddenly, within 45 minutes, the NASDAQ
> Composite
> rallied from a loss of 66 points into plus territory. This produced big
> short
> covering, and strong gains by the close.
> I believe that Friday's negative Labor Report was already known to the
Fed.
> They were fearful that if a rally were not produced, it would cause a
market
> crash on Friday. This way, when Friday's numbers were announced, the
stock
> market's reaction was milder, although bonds plunged once again.
> In the credit markets I hear much more about the potential Y2K problem.
As
> I
> wrote in Bert Dohmen's WELLINGTON LETTER a number of times, it's not the
> real
> problem, but the fear and uncertainty which will produce huge liquidation
of
> stocks. The big money will not wait until December to sell. They're
doing
> it
> now. In our PRIVATE PORTFOLIOS program for mutual fund investors we went
> into
> 100% cash this week. I recommend you do the same.
>
>
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