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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (62934)	9/23/1999 9:26:00 PM
From: ynot	Read Replies (1) \| Respond to of 120523

losing money and getting a margin call is fundamental, i think regards, ynot ;)

To: puborectalis who wrote (62934)	9/23/1999 9:35:00 PM
From: TraderXx	Read Replies (2) \| Respond to of 120523

Stephan..actually the support was broken at the 10,500 level and it looks to be headed for at least 10,000. If that is broken , then we'll probably look towards a little lower than the 9,500 level. So...if I were you I wouldn't look to be so eager to jump in so quick. With October historically being a bear month, the market has a ways to go before you might see stocks heading up. Just IMO TraderXx

To: puborectalis who wrote (62934)	9/23/1999 10:46:00 PM
From: Susan G	Read Replies (1) \| Respond to of 120523

I think SPX 1300 was even more important than Dow 10400, as many slight variations on Dow support were targeted. But it seems like everyone agreed on 1300 being critical, I actually think the selling was preprogrammed to be instantaneous the next time the S & P index came within a few points of that level. It had hit earlier today and yesterday, this was the 3rd bounce I believe. The fact that so many were fixated on the 1300 level is why it dropped so fast - everyone knew what a critical break it was.