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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (48205)7/21/1998 3:52:00 PM
From: Kevin  Read Replies (1) | Respond to of 58727
 
Hey E. How are you?
I'm wondering if some of this is due to Greenspam speaking earlier today. Not long after, I watched a nasty drop in block MF for the NAZ & SPX (starting around noon). Example..the positive MF in the SPX that accumulated for the first 3 1/2 hours today was wiped out in under 10 minutes.

Most of the decline has come from the healthcare industry (MRK's earnings) and the banking industry (CCI's earnings), but the rest of the market has followed along as well.

Adios.