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


To: James F. Hopkins who wrote (29666)10/1/1998 5:08:00 AM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
They also depend on liquidating (long) margin positions... <g>

I wonder how much of the run-up in September was driven by Hedge funds and the like liquidating their US stock short positions so they could repay some of those loans?

MSFT is about 2.5% of the market?



To: James F. Hopkins who wrote (29666)10/1/1998 9:04:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
James: MSFT is now in the posture as IBM was in 87. IBM lead the way down...

Regards,
LG