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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (14000)	11/11/1997 6:11:00 PM
From: Judy	Read Replies (1) \| Respond to of 50167

Hi, Steve Will respond to your post yesterday when I've a bit more time. But as for the hits the techs took today, keep in mind a few things. Today is a holiday, and trading volume was light so it does not take much to move a stock, especially thin float stocks. Second to some degree what you are seeing is due to clearing of hedge positions, fun and games of options expiry. On LU, examine the intraday chart and see if the break from 80 was on light volume. If it closed below its 50-day mav today, technical selling will continue, but watch the volume. btw, I have not done a print out of stocks yet and have no idea of their closing values.