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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST
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To: GST who wrote (110230)10/11/2000 11:26:19 PM
From: Sarmad Y. Hermiz  Read Replies (3) of 164684
 
>> do you think their are margin calls and fund redemptions going on

GST, With Friday coming, it seems the carnage will continue. Of course, even on Monday, another Friday will be just 3 days away.

But in the past several drops, each time I thought there would be massive margin calls, somehow the market turned up (and went on to record highs). I have to say though, today did not feel like a bottom. Maybe next Tuesday we'll have a reversal after a harrowing drop at the open. THAT would be a bottom.
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