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[RT] Good News for Longs (a possible delay before the real selling begins ?)



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<DIV>Good news for the scared longs, I do believe that the Fed's Plunge 
Protection Team is anxiously watching the market and will be buying this week to 
prevent the whole ponzi-scheme from coming unraveled.&nbsp; They will support 
the market by buying futures (as I believe they did the day the Nasdaq dropped 
500 a week ago).&nbsp; But the good news will not last long, as the mutual fund 
inflows are likely already spent ($14 billion)&nbsp; and now in the pockets of 
shorts, the get-rich mentality of the burned daytraders has changed, and the 
lock-up period for a massive pile of stock ($150 Billion) of last year's 
Internet IPOs (250 last year alone) is upon us, and productivity numbers are due 
out May 14th (and&nbsp;it should be judgement day).&nbsp;&nbsp; I would(will) be 
a seller of any rallies for the near term, especially stocks that have not yet 
suffered major drops that are sitting on a mountain of gains.</DIV>
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<DIV>and the sheep shall be shorn.........</DIV>
<DIV><A 
href="http://www.itulip.com/sheeple.html";>http://www.itulip.com/sheeple.html</A></DIV>
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<DIV>Quotation of the day -- from the Motley Fool Bulletin Board</DIV>
<DIV>"As I sit tonight - I have no shares of Celera in my account and 
an<BR>account that was worth almost $60,000 and was full of 6 
promising,<BR>fantastic stocks is now worth $0." </DIV>
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<DIV><FONT size=2>Definition of the day</FONT></DIV>
<DIV><FONT color=#ff0000 size=2>Panic</FONT></DIV>
<DIV><FONT size=2>panicn1 : a sudden overpowering fright; esp : a sudden 
unreasoning terror often accompanied by mass flight 2 : a sudden widespread 
fright concerning financial affairs and resulting in a depression of values 
caused by violent measures for protection of securities or other property 
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