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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1466)9/21/2001 8:26:25 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 10065
 
Justa, What do you think of this possible factor (relative to the current market freefall):

thestreet.com

In Clark's opinion, the pressure to sell -- and the bigger picture of what's happening this week -- is that
insurance companies, seeing that they are going to have to fund large liabilities, have been forced to
liquidate a lot of holdings, driving down both stocks and bonds. Clark says he's hopeful the pressure to sell is diminishing. "You've got to figure we're close," he says, "because we're trading a ton of volume."