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

To: HammerHead who wrote (2643)	3/12/2001 3:42:33 PM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

INDU has one possible support around 10,100-10,200, off the March 00 lows. Next SPX support is 1130, next COMPX support is probably 1800.

To: HammerHead who wrote (2643)	3/12/2001 3:45:06 PM
From: adcpres	Read Replies (1) \| Respond to of 52237

Margin calls will add to the carnage. Rather than put more money in, margin calls will probably be met by liquidating a portion of the portfolio. Can't remember the last time I saw the DOW TICK drop past -1000. Time to pull out the Malox. GH

To: HammerHead who wrote (2643)	3/12/2001 3:46:20 PM
From: JRI	Read Replies (2) \| Respond to of 52237

Man, this is a vicious cycle...margin calls....Nikkei breaking down, Big bad headlines on the news, Naz breaking down, SPX breaking down.....Greenspan can lower interest rates.....but will it give anymore than a pop? And what about the damage to the dollar? Comment of the week, NY Fed Governor McDonough (last Wednesday)...(I paraphrase): "Market strength is pointing to better economic times ahead" There is only one word for him: Dumbass. (I usually don't express myself so, but that guy's an idiot)