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To: KeepItSimple who wrote (15284)	3/7/2000 4:42:00 PM
From: sammaster	Respond to of 42523

only thing keeping market up now is the techs... people with traditional stock sold out and moved to techs since the dow fall from 11700.... now if the techs go down there is much less money to rotate into them from other sectors sowhile naz dives it will dive big with the margin calls samir

To: KeepItSimple who wrote (15284)	3/7/2000 5:35:00 PM
From: wlheatmoon	Respond to of 42523

but i've blown about 50 grand each month for the last 6 months on WAY WAY out of the money ndx puts, "just in case." I wouldn't be able to sleep at night if I missed the biggest financial collapse in the history of the world. If the dung dropped 1000 points tomorrow, assuming the brokerage didn't go bust, I'd make 8 digits, even after paying 49% tax. KIS, did you get dropped on your head as a baby? at the rate you're going, you'll lose 8 digits, pretax,,,soon....-g- mike

To: KeepItSimple who wrote (15284)	3/7/2000 7:04:00 PM
From: maceng2	Read Replies (1) \| Respond to of 42523

KIS re" assuming the brokerage didn't go bust ... well there you use that very dangerous word assuming . I would expect that during the "big one" there would be lots of trades and commissions but.. there is also loads of small print about where the money is for margin, short trades etc. The "big one" will, I confidently expect, stress our financial systems to their utmost. For fifty grand per month I would be doing some very careful checking beforehand. I only have a little ol online account. Can't even buy "poots". Sure I would just love to short CSCO and MSFT just before a big correction...but would I collect? Perhaps sell and a cash everything to to my checking account would be safer? or would it?? This bull has enough trouble just trying to comprehend the bear point of view, the "biggest crash in history" well I'm completely stumped on that one. illumination needed here. pearly.