Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Front Beach who wrote (26400)	9/3/1998 6:28:00 PM
From: robnhood	Read Replies (1) of 94695

HI SP, Well I'm not at work so I can't really get a feel. I think they are going down but it's probably going to be very tricky to capitalize on IMHO. Someone just called my wife today who fancies herself a psycic, to ask her what to do about his large margined position in index funds. Apparently he was scared and hurting badly. If this is widespread, and I have some reason to believe that it is , then margin calls could start a cascade. Even with the final rally they still closed off 100 points. Not good. russell

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