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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (32802)10/12/2000 9:51:19 PM
From: drsvelte  Read Replies (1) | Respond to of 42787
 
Michael...do you have a source for this?

>>>Margin debt levels as of two weeks ago were back up to near the highs at the beginning of the year. I think until this gets flushed out of the system there is no "money on the sidelines".

This time it is corporations and financial institutions that are holding the bag in the margin dept. and its not a very pretty picture.

M.



To: Square_Dealings who wrote (32802)10/12/2000 9:51:42 PM
From: john rieck  Read Replies (3) | Respond to of 42787
 
a few weeks ago there was talk of a diamond chart formation in the Dow being invalidated; does anyone know if the diamond is now back in play and what the downside target would be if it is?