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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Kip518 who wrote (23588)	8/22/1999 9:01:00 PM
From: Les H	Respond to of 99985

Chuck's Letter on Fast Markets schwab.com

To: Kip518 who wrote (23588)	8/22/1999 9:03:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

U.S. Economy Straining At the Seams economist.com sidebar: On Friday, 45 out of the 50 stocks comprising the NFT (Morgan Stanley Multinational Index) rose. The hope must be the cheap dollar will mean better earnings for Coke, McDonald, Abbot Labs, etc.

To: Kip518 who wrote (23588)	8/22/1999 10:17:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

Hi Kip; I can see their concern but in some cases depending on the broker it's cutting off the limb after the person is on it. I've seen several complaints from traders that either had to make a sudden margin call not because the stock went down but just because the broker changed the rules after the fact, and in some cases even had stock sold and were told tough titty. In other words a fabricated margin squeeze, on top of that they can't do a thing about it. Another reason I prefer to play the QQQ and SPY Jim