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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST
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To: American Spirit who wrote (46424)4/15/2000 10:06:00 AM
From: Les H  Read Replies (1) of 99985
 
A lot of the dot-coms are also becoming non-marginable when they fall below $ 5. New traders or investors who don't want to come to terms with selling a deep losing position will either come up with cash or liquidate other positions such as funds or larger stocks.

The IPO index has been signalling a blood bath since the end of December. It's on the IBD Markets page.
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