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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (26213)	5/19/2000 6:23:00 PM
From: Tradelite	Respond to of 57584

Altern, you didn't ask me, but... Just finished listening on local biz radio to a futures/options specialist and a TA expert on this very subject, and was interested to hear that some "new margin requirements have been put in place by some/all(?) brokers which are "very difficult to meet", which supposedly means more selling. It was pointed out that the only things left in the margin trader's portfolio to sell are the most beloved stocks that most people would have liked to hold. According to them.... Anyone who tries to meet margin calls with out-of-pocket cash must be prepared to also handle further margin calls at a lower level, therefore best strategy is to pay off the initial calls by selling stock.....this will further pressure market. We are told by these gurus to expect a test of the NAZ gap which exists at around (if I heard correctly) 2900. It could get bad. But they also held out the slight possibility that there could by an up move after the open on Monday. I'm wondering who in the heck is still operating on margin, after all the trouble this market has had over the past month???????