All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Boplicity who wrote (25733)	4/13/2000 5:28:00 PM
From: patron_anejo_por_favor	Read Replies (2) of 42523

Could be. But we should have a delayed effect if people are cashing out Mutual Funds. Those guys were at record low cash levels going into April, and a lot of them committed what reserves they had on Tuesday 4/4. There will be more margin calls tomorrow, caused by the carnage on Tuesday (and no rescue since then, unlike last week). The put/call ratio will be interesting (I think it'll be over .70 today, but who knows). The market is hanging on by a very, very narrow thread. If we close out the 'dung below 3649 tomorrow, the chance of a BK on Monday goes up substantially.....

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