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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Defrocked who wrote (7674)10/27/1997 12:00:00 PM
From: Mark Nelson  Read Replies (2) | Respond to of 94695
 
<trading halts could
act as a "magnet">
Not enough momentum to get us down to halts today. We'll be turning back up soon but not appreciably. I'm calling SPX to close at about this level (923).

disclaimer(BWDIK)

Mark



To: Defrocked who wrote (7674)10/27/1997 1:24:00 PM
From: Mark Adams  Read Replies (1) | Respond to of 94695
 
Well, the past three days have undone my hedging, so I may lose a few dollars now. Whats worse is the very likely prospect that the negative cycle has persisted long enough now to feed on itself.