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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (101890)4/4/2000 11:43:00 AM
From: 5dave22  Read Replies (2) of 1579752
 
ANOTHER bloody day in the techs. Between yesterday and today, I'm a little more than slightly above even. A couple of losers bringing me down, but when we rebound, I'll be just fine. I'm not sure when to jump into NASD again. I've done it twice in the past week and am ready for another one. But I think I'll wait ...

In the WSJ, M&I Section this morning is a section titled "For Investors, Margin Calls Follow Gloom". The SF PBS affiliate had a special on tech stocks on Sunday with a lot of market watchers looking for a MAJOR correction. There is over a QUARTER TRILLION dollars in margin out there right now and investment houses are getting stricter and stricter on the calls procedure. Could spell disaster. Looks like this might be just the beginning!

Dave
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