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To: IceShark who wrote (20695)9/22/2000 6:57:08 AM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
a little over the top, no? -g-

``Whatever hope we had of a rally is over. This is going to scare people badly,''
said James Dewhurst, a director at Charterhouse Tilney Securities Ltd. ``A lot of
people are long and wrong,'' he added, referring to investors holding large blocks
of computer-related stocks.



To: IceShark who wrote (20695)9/22/2000 9:27:58 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
IceShark it seems to me that the coordinated effort will not generate the panic selling at the open I was expecting.
The panic was already overnight.

Many "love" stocks are already boosted higher so things are getting more difficult IMHO

Will sell less puts to open as previously intended.

In any case I will wait at least 10 minutes to see if institutions are not stepping in later to sell in earnest and the present boost is from retail DIP'sters.

Haim