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To: McNabb Brothers who wrote (19360)10/27/1997 10:38:00 PM
From: Rosemary  Respond to of 176387
 
Hank,

A lot can be said for down markets. Dow 1736 in '87 to over 8000 before it hit its top. Not too shabby.



To: McNabb Brothers who wrote (19360)10/27/1997 10:43:00 PM
From: John Rowton  Respond to of 176387
 
McNabb,
You read my mind about the brokers. I called mine today about 1:00
and asked him about the panic and margin calls. I consider my self
fortunate because of fate I am short two stocks (dell and lss) and
long a very small position. In 87 I did okay by trying to judge when
panic took hold, when my broker called concerning his last margined
customer, I started to look to buy. I am going to dabble a small
amount on the long position again when this occurs. Good LUck to all.