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To: Mark Fowler who wrote (99136)4/5/2000 6:38:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Mark: The way this move down has been led by the pros and the squeeze it puts on the little guy, followed by an almost silly and pathetic "all-clear" rally, not to mention a speech by AG that really sets up a big bond sell-off if the numbers are as bad or worse than expected on Friday -- the margin selling has only begun. Most people probably paid up this time, and others bought the dip on margin. I suspect we have more margined players today than we did last week. A "soft" Thursday, a sharp decline on Friday -- and Monday -- lord, here comes the flood.