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To: Grandk who wrote (42871)12/1/2000 11:33:32 AM
From: pater tenebrarum  Respond to of 436258
 
that's of course a possibility. also, about 150,000 long speculator spoo contracts are deeply underwater...some got shaken out yesterday no doubt, but considering how stubbornly they've clung to their long position (increased net long all the way down, averaging down), i think most are still in there, hoping. a decisive break of 1300 would make them puke methinks.



To: Grandk who wrote (42871)12/1/2000 11:45:03 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<your long and on margin up to your teeth. watching the market go sideways here scares ya. you know you need out of margin quick. what do you do>>

Buy calls on JNPR and BRCD?<G>