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

To: NickSE who wrote (19756)	9/1/1998 11:07:00 AM
From: James Strauss	Respond to of 50167

Orbit: Now the market is swinging to the upside... A real battle going on... After yesterday's drop, those margin calls are flying fast and furious... I also talked with my broker yesterday afternoon after the market closed, and was told that they were vigorously enforcing their margin calls... There must be some liquidity concerns... It will be interesting to see if this rally has legs... I'll take my S&P Index fund money to the sidelines again this afternoon and wait for another big down day to re-enter... Keep in mind that Advancers are trailing Decliners... In other words, the rally is not broad enough to have staying power... Jim