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


To: Simon who wrote (7761)10/27/1997 3:17:00 PM
From: HH  Read Replies (1) | Respond to of 94695
 
I dont think real margin calls will go out until after close
or tomorrow.

HH



To: Simon who wrote (7761)10/27/1997 3:27:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Hi Simon, >>They must be flying out of brokerage co's. by phone. S&P futures down 45 pts.

I personally don't think Margin calls will be a big percent of the selling. IMO the large amount of money is in Mutual funds and this weeks redemptions will be the factor that moves this market. If I am right there must have been some redemptions last week.:-)

Joan