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


To: Mark Adams who wrote (10190)11/22/1997 2:13:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Mark this also explains why the urgent need to change the "collars" on the NYSE. I think that's the reason many WS firms lost money Oct. 27. Chase was rumored of having several hundred million in losses.

Also may explain the "gap down" opening the next day especially on NASDQ stocks.

Haim