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To: AllansAlias who wrote (27743)	10/12/2000 10:22:31 PM
From: IceShark	Read Replies (3) \| Respond to of 436258

Margin calls are here. There was a post about a guy that got a margin call in error. As they straightened things out the broker told him the margin department had screwed up and they were all frazzled and 2 days behind in even calling people. Now, if this is true, WOW! Brokerages don't like to be hanging on only 30%, or whatever, equity in this sort of market. -nfg-

To: AllansAlias who wrote (27743)	10/12/2000 10:57:11 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

BA - ouch! yes to the wave...however, remember that it sometimes happens in such a way that 3 is a BK wave, followed by a short, very sharp 4 and then the 5. the N225 in '90 had a more orderly collapse, pretty similar to what we're seeing now, so it may be the 'normal' procedure (Nikkei's 4 of 3 was a pennant like triangular a-b-c). here are BK waves: sharelynx.net sharelynx.net here's the 'orderly' Nikkei BK: sharelynx.net btw, i just noticed, the 5 day rally was part of w 4...the rally back to the breaking point of the previous low was only a 2 day affair, like you said...i was looking at a small print bar chart...