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


To: William H Huebl who wrote (25967)9/1/1998 4:44:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Bill, the interesting thing was that during the morning the market was relative stable, e.g. not a lot of margin calls.

What upset the market some was the confusion about North Korea which is a rewal loose cannon and the disapointment of the anticipated vote in the DUMA.

IMHO "Joe Six Pack market goes only up" started to get scared and placed sell orders to their "great" growth funds. Look at DELL, LU, AMZN, YHOO etc. all those helium stocks got real hammered, mostly during the early afternoon.

In a way it is very healty.

As to my position I wish I would be more agresive and not hedge myself all the time. "No major pain no major gain" <gggg>

It is also interesting to see Japan up and the UK marginally down, they were close Monday and now down only 2% versus 6% for New York

BWDIK

Haim