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Strategies & Market Trends : Waiting for the big Kahuna
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To: Kip518 who wrote (36621)1/21/1999 9:16:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
KIP; It's revealing, but they have been playing that for some
time, his timing of the release suggest that this is what's hitting them now, but that's not the case.
That day trading and closing out at
the close has not caused this fall.

This is a squezz being put on
by the exchanges on regular margins of regular people who
trade internuts, and the brokers are playing ball with it, even Fidelity is in on it.
They jacked up the margin requirements , in some cases no margin
on net stocks, and did this without warning.
Jim
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