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Strategies & Market Trends : The Thread
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To: DebtBomb who wrote (14950)9/22/2000 8:29:24 AM
From: KevinMark  Read Replies (1) of 49816
 
Dale, what has to be factored in here, is margin calls. Normally they will occur sometime during 10-11am. So we could see 2 waves of selling today. I will nibble some to say the least, but unlikely I will hold anything at this point. Prudence should be exercised if any one of these analyst clowns appear on CNBC and mention this is a good buying opp. The market may spike up after a comment like that, but will sell off, before the end of day, IMHO. Be nimble and quick.

KM
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