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RE: [RT] Nasty decline today. What's next, July LOW retest?



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The complete rewrite of American Pie came out a few weeks after the initial
Nasdaq crash back in April of 2000.  Whoever came up with this, it's a
masterful job.  Repeated here for your enjoyment:

Humble Pie - Sung to the tune of "American Pie."

     A long, long week ago
     I can still remember how the market used to make me smile
     What I'd do when I had the chance
     Is get myself a cash advance
     And add another tech stock to the pile.

     But Alan Greenspan made me shiver
     With every speech that he delivered
     Bad news on the rate front
     Still I'd take one more punt

     I can't remember if I cried
     When I heard about the CPI
     I lost my fortune and my pride
     The day the NASDAQ died

     So bye-bye to my piece of the pie
     Now I'm gettin' calls for margin
     'Cause my cash account's dry
     It's just two weeks from a new all-time high
     And now we're right back where we were in July
     We're right back where we were in July

     Did you buy stocks you never heard of?
     QCOM at 150 or above?
     'Cos George Gilder told you so
     Now do you believe in Home Depot?
     Can Wal-Mart save your portfolio?
     And can you teach me what's a P/E ratio?

     Well, I know that you were leveraged too
     So you can't just take a long-term view
     Your broker shut you down
     No more margin could be found

     I never worried on the whole way up
     Buying dot coms from the back of a pickup truck
     But Friday I ran out of luck
     It was the day the NAAAASDAQ died

     I started singin'
     Bye-bye to my piece of the pie
     Now I'm gettin' calls for margin
     'Cause my cash account's dry
     It's just two weeks from a new all-time high
     And now we're right back where we were in July
     Yeah we're right back where we were in July


-----Original Message-----
From: M. Simms [mailto:prosys@xxxxxxxxxxxxxxxx]
Sent: Thursday, September 19, 2002 4:40 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Nasty decline today. What's next, July LOW retest?


to be sung to the tune of Don MacClain "American Pie"....
"....the year the Nasdaq died..."
"bye, bye, Miss American Pie", drove my chevy to the levy and the levy was
dry....."
"....the year the Nasdaq died..."

> -----Original Message-----
> From: David Neeran [mailto:dneeran@xxxxxxxxxxx]
> Sent: Thursday, September 19, 2002 5:31 PM
> To: realtraders@xxxxxxxxxxxxxxx; vdonovan@xxxxxxxxxxxxx;
> dorothy.carter@xxxxxxxx
> Subject: [RT] Nasty decline today. What's next, July LOW retest?
>
>
> IMO, SPX/DOW retest is in progress,
> and possibly new lows in the QQQ/NDX 100
>
> QQQ 19-ish before it's all over. QQQ high was one hundred and
> twenty-something.
>
> Comments anyone?
>
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