Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (19654)	1/31/1999 10:43:00 AM
From: Iris Shih	Read Replies (1) \| Respond to of 70379

Found this from other thread, From Schwab...effective 1/29 The following NASDAQ stocks are now subject to the new 70% maintenance requirement: For securities with a 70% maintenance requirement, the buying power is equal to the non-marginable securities balance divided by .70. AEIS AMTD AMZN BAMM BRCM BYND CMGI CMNT DBCC DCLK EBAY EGGS EGRP EXDS KTEL LCOS MKTW NSOL ONSL SEEK UBID XMCM YHOO This might explain why most of the stocks on this list are under selling pressure now due to margin calls. But I don't think it will last long. Iris

To: Iris Shih who wrote (19654)	2/3/1999 8:49:00 PM
From: Clint E.	Read Replies (2) \| Respond to of 70379

Hi IRis. The Montgomery conf. has been a non-event so far since most people were/are pre-occupied with FOMC, CSCO, and the unemployment data this week. Exactly two weeks ago, I turned from bullish to short-term neutral and expected a range-bound market thru the 1st week of Feb. That's what we've had so far. I am now seeing more positive signs that point to higher highs in the short-term. Therefore, I am changing my position from short-term neutral to short-term bullish.......Of course, long-term I am still bullish. I now think that there is a strong possibility for the DOW to reach 9900 and the NAZ to reach 2700 in Feb. The 4th of July fireworks for the major indices could arrive as early as this Friday. Take care; Clint