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To: Captain Jack who wrote (12360)10/28/1997 12:41:00 AM
From: Sonny McWilliams  Respond to of 27012
 
John, yes, the funds and brokerages took their profits. But it may come to haunt even them. They started the ball rolling. You know the saying: Watch what you are asking for....The funds did not do too great in 87. Of course it hurts us double.

But the market will come back. It is not the margin that is hurting me but all the stocks going down. I can't blame the margin for this. The question is: How far down do you want to ride this thing when the big boys are selling. Most the little guys today said they are sitting put. It makes you wonder if you would have been better off preserving more of your profits when the big boys do it. Oh well, this question will be asked by the little guys as long as we will be investing.

Sonny