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To: Rocket Scientist who wrote (36508)7/21/1999 7:07:00 PM
From: marginmike  Respond to of 152472
 
You would have had a buying opp anyway. We are in the summer correction faze. This will make it much more painfull. I sold 80 calls yesterday so it doesnt effect me in short term. However there are many(not me) with margined positions. If we really selloff they will be the victims



To: Rocket Scientist who wrote (36508)7/21/1999 10:00:00 PM
From: Sawtooth  Respond to of 152472
 
<<If MMs really dump stock in the next few days, won't it just be an often wished for buying opportunity?>>

Hell, yes!!! I probably wouldn't have added the shares I did today at $161 if I'd have known what was in the works but what's done is done. Positions continued to be built over the next several years are what is going to make the real money; for me, anyway..



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