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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (6917)	10/27/1997 9:34:00 PM
From: SidStock	Read Replies (1) \| Respond to of 14577

I can't believe that institutions did not begin selling until after the 350 drop! Is that really true?! I'll be drinking Stoli doubles on the rocks tonite! mph If i remember hearing cnbc... someone commented that the institutional selling was in the last 2 hours of trading. It dropped 200 pts (350-550) in 25 minutes. If there is any chance this guy new what he was talking about, then it would follow the selling was earlier than 350. I believe they said something like index funds where among the sellers. Hey, what would have happened if the dow hit 550 with more than 1 hour left??? I guess it would have reopened with no trading limits left??? Could we have had a real meltdown then??? That last 25 minutes was REAL ugly. Anyone check their mutual funds? Just saw my 401K drop 10K today. Wonder how JOE SIXPACK will take this? Sid