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Strategies & Market Trends : Options
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To: avanti77 who wrote (5919)4/3/2000 5:17:00 PM
From: Seldom_Blue  Read Replies (1) of 8096
 
I think movement back into the techs will be very selective now, and one needs to have a long term view.

I agree. That means only big, profitable techs are coming back. SOTD (stock of the day) will not do nearly as well.

I am concerned about margin impact. I have no margin problem of my own, thank God. But I know many people have bought high flyers on margin. Does anyone have any insights other than "margin release will drive price down"? If we expect calls to go out after today, when do you all think margin related selling will peak? IMO that will be Wednesday or Thursday. So by the end of the week this whole correction thing may be flattening out a bit.

Anyone?

Seldom Blue
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