Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (1231)	4/19/1999 6:44:00 PM
From: Lost1	Read Replies (1) of 63513

Bring the morphine Jorj! Quick! I tossed OMKT overboard @14. That's all I sold, but unlike you I have some margin exposure which makes me suseptable to these panic induced drops. Man-o-man did I take a beating. NTBK CMGI AOL QCOM AOL was the one that surprised me. I haven't seen it get a hickey like that since being added to the SP500. I find it hard to set reasonable stops on these stocks. Once you do you get bounced out only to see it close at an all-time high later in the day. As far as the NYSEBP turning, that could be delayed for a bit. I fear that margin calls tomorrow will continue the selling in the morning, then we'll get a true picture of how far down she wants to go (titanic ref).

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