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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (105590)4/14/2000 3:37:00 PM
From: Steve Porter  Respond to of 1573925
 
Ted:

DOW is getting ahmmered cause people used margin on nas stocks to buy dow stocks. People are starting to get scared.

Steve



To: tejek who wrote (105590)4/14/2000 3:38:00 PM
From: 5dave22  Read Replies (1) | Respond to of 1573925
 
Ted <What I don't understand is why the Dow is getting hammered? It was the NAZ that was overextended, not the Dow.>

Margin calls, man! Gotta sell whatever you can. And Lee was right, there will be more on Monday.

Dave



To: tejek who wrote (105590)4/14/2000 3:47:00 PM
From: Kenith Lee  Read Replies (2) | Respond to of 1573925
 
Some people are unwilling to cut loose of their dogs in the NAZ so the only thing they got left are the DOW. That's what I did yesterday (AMD). I still have a few dogs in the NAZ. Lucky that I ran out of money yesterday and did not pick up MIPS.


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