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

To: Gersh Avery who wrote (19829)	9/23/2001 8:44:51 PM
From: Lucretius	Read Replies (1) \| Respond to of 52237

we crash.

To: Gersh Avery who wrote (19829)	9/23/2001 8:47:32 PM
From: Seeker2007	Read Replies (1) \| Respond to of 52237

That may account for part of the buyers - for some stocks that have large buyback programs in place and have traditionally bought back lots of stock (IBM, JPM, CA, KO, GE, MSFT...) I expect that there was substantial buying back of stock by those firms. If that is so & these firms consider their stock a good value there may have been buys by "smart money" too My feeling is that a lot of the selling was by individuals & funds using leverage and burned by that leverage and recent events. In that case selling should subside as the margin calls cease