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


To: Benkea who wrote (47073)4/17/2000 10:05:00 PM
From: Joan Osland Graffius  Respond to of 99985
 
Benka, >>and I have a lot to sleep on personally as to whether to sell a hopeful gap up or...

I don't know what kind of investors are on margin, but we have evidence that 70% or so that got margin calls sent more money. If this group has been a large part of the blow off in this market, I suspect these folks will not be buyers anytime soon.<g> Trim Tabs reported a slow down in money to tech funds, so I suspect a lot of the big blocks today were from funds other than tech funds that hold these stocks.

Joan