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


To: Mark Adams who wrote (7784)10/27/1997 3:38:00 PM
From: Merlo  Read Replies (1) | Respond to of 94695
 
Hello,

Number of stocks being put to the put sellers at strikes not normally
taken out. If they (put sellers) wern't prepared to take stock the
margin dept's automatically sell causing more liquidy problems as
stock go down from lack of buyers. When sellers exceed buyers you
have a liquidy problem if not corrected with fresh cash it will
feed apon itself.



To: Mark Adams who wrote (7784)10/27/1997 3:38:00 PM
From: Market Tracker  Respond to of 94695
 
Trading at the NYSE has been halted for the day Dow down 554.26 <eom>