Coffee Shop : A@P VOTE: Guilty or Innocent?


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To: coaster who wrote (96)5/26/2002 6:09:10 PM
From: PartyTimeRead Replies (2) of 717
 
The below link shows extraordinary selling pressure pre-9/11. Logically, Anthony, a premier shorter, would have been part of that mix.

decisionpoint.com 

What strikes me as a bit phenomenal is that the selling pressure was greater preceeding 9/11 than it was when Goldman's Abby Joseph Cohen, on that fateful Friday after the bell, announced on CNBC that Goldman had liquidated its tech positions. Cohen's announcement was followed up Monday morning pre-bell, again on CNBC, by Mark Morbius who also put a marked damper on techs. And it was a heavy downhill from there.

I had no idea that pre-9/11 selling was worse than when the techs turned downward.

Ordinarily, in good cheer, I might make a comment when something goes wrong, "funny how it goes, huh?" But I won't here--It's not funny at all!
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