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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (1795)7/27/1999 7:07:00 PM
From: S. M. SAIFEE  Read Replies (1) | Respond to of 2222
 
Intrnets are ready to break down thru 200 day MA.We might see a nice wash out.. It seems on line brokerage house will be forced to require day traders to traded on cash only... that in turn will bring down trading activity in internet stocks and putting downward pressure on equity price in internet stocks including online brokers..and they rather have their own equity prices chopped, otherwise they could have solvency problem if margin call are not obliged. This could be a snow ball effect. Disney will do better if it closes above 30.