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To: Lucretius who wrote (38784)11/18/2000 10:56:57 AM
From: Gut Trader  Read Replies (2) | Respond to of 436258
 
Micheal Murhphy has a handle on this market

I see nothing to do but wait this out. There is no fundamental reason for the drops that we saw last week and Monday morning and there is no fundamental reason for the recovery. It is simply people playing games and I would ignore it.

got margin?



To: Lucretius who wrote (38784)11/20/2000 9:12:33 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
yep...also, bear market bottoms usually tend to occur after 90% of peak margin debt has been wiped out...still a long way to go.


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