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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (47243)7/29/2000 2:20:15 AM
From: allen menglin chen  Read Replies (1) | Respond to of 63513
 
<<I am not convinced that the margin call effect is going to be as dramatic as April, but it could be a factor>>

Probably no one notice that margin debts reached almost 90% of March peak level just b4 7/17 NAZ peak 4300. Can the market clear these margin debts next week?

July 17
"The current absolute level of margin debt stands at $247.2 billion, which is slightly off the highs made in March when it stood at $278.53 billion. "
schaeffersresearch.com
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Hopefully people are not using margins to buy AMZN/PCLN.



To: Jorj X Mckie who wrote (47243)7/29/2000 11:29:50 AM
From: Rich1  Read Replies (1) | Respond to of 63513
 
JXM, rememeber Carpino has a high coming Monday. I intend to use it to exit those stocks that I didn't on Friday, sell some calls on those I want to keep, and get short on the NAz and S&P.
Remember the Dow and S&P are now loaded with tech stocks.