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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (46681)	4/16/2000 3:08:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 99985

Just my 2 cents but I'm speculating that this crash is focused in one area of the market and that's the high margin crowds in high tech NASDAQ stocks. Those are the real losers of late and will continue to be. However, the DOW is down just maybe 12% and that contrast with the big %30-ish drop for the NASDAQ and I don't think that contrast is going to change, thus the NASDAQ will and could tank further but the DOW crowd could be relatively left intact ??? Anyway, I see the whole mess resolved by late Wed after the margin calls are solved, the redemptions are solved, and the tech hedge funds are solved. Thanks, PG

To: Michael Watkins who wrote (46681)	4/16/2000 3:11:00 PM
From: Oak Tree	Respond to of 99985

Does anyone have an idea how this will effect tax collections. Are there going to be more taxes because people sold and made profits? Did people have realized losses or actual gains? Taxes go back into many industries including biotech, universities, medical centers, and the WWW and the military and construction. If the feds get money then the market might recover later in the year.

To: Michael Watkins who wrote (46681)	4/16/2000 4:48:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 99985

Michael Watkins,here is an old witness of 1929 crash,think,you will be interested, notice a PERFECT TIMING of our discussion: Message 13329484 el paradisio

To: Michael Watkins who wrote (46681)	4/16/2000 7:11:00 PM
From: James R. Barrett	Read Replies (1) \| Respond to of 99985

There is a hell of a lot more money flowing into the stock market today than there was in 1987. 401K's were just becoming popular in 1987. Now just about everybody has a 401K. Week after week, month after month 4% to 15% of the gross pay of millions of Americans goes into the stock market. I don't even know anyone who doesn't have a 401K. My son bought more XLK and QQQ on Friday. I told him the market might go down again on Monday. He said "so what, I won't need the money for 30 years." Jim