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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.63+0.4%Nov 19 4:00 PM EST
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To: bobby beara who wrote (15512)6/1/1999 6:34:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Bobby, as to your margin question: i think not yet. and we can only hope it won't happen, as it could get very ugly. between march and april margin debt saw it's highest month-on-month percentage increase in history. per april, it stands at over $181 billion; imagine the potential selling pressure this could create...it's mind boggling. we better hope that AOL's support holds, otherwise there will be a bloodbath.

regards,

hb
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