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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (93106)4/5/2000 8:30:00 AM
From: Wes Stevens  Read Replies (1) | Respond to of 108040
 
Dale the futures are down this morning. They are really down too far. We rebounded strong yesterday. May see a head fake to the down side at the open.

It will be interesting.



To: DebtBomb who wrote (93106)4/5/2000 8:59:00 AM
From: Bryan  Read Replies (2) | Respond to of 108040
 
Although neither of my firms has hiked margin requirements in the last week, I read that MSDW, Schwab and a couple others have bumped up maintenance requirements just recently. If this is the case, there may be more forced liquidations that will add selling pressure on the open. Actually it would be good to squeeze more weak hands first, before we attempt a sustained rally. With AG speaking today at 1:30 PM EST on the New Economy, there is going to be outright nervousness in today's session. Anyone with any bullets left may want to hold them until after the speech. I'll be holding my.....well I don't have any bullets, so I'll have to figure out what to hold on to.

Best,
B