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To: LTK007 who wrote (627)2/27/2007 5:57:09 PM
From: stormrider1  Respond to of 694
 
Wouldn't be surprised to see another tough day tomorrow after margin calls settle in. Now it's been some time since anyone had to worry about that. PPT is going to have it's hands full tomorrow.



To: LTK007 who wrote (627)2/27/2007 9:18:56 PM
From: coug  Read Replies (1) | Respond to of 694
 
max,

I too see more weakness tomorrow or the next day. We are not done yet, imo.... Like stormrider says, margin calls will enter into the equation with a hit like this today.. Especially with the VIX being so low, for so long... There had to have been so many complacent people margined to the hilt out there.. Plus all those self-directed IRAs, 401Ks, etc. that were fully invested but are now puckered up tonight..

What to do? What to do?.. I don't know.. I'm lying in the weeds..

Plus those hedge funds.. Those darn hedge funds with all their derivatives..

coug