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To: BGR who wrote (94709)2/4/1999 11:35:00 AM
From: Lee  Read Replies (3) | Respond to of 176387
 
Hello Apratim,..Re:. And then again, they may not, in which case the marking to market phenomenon will ensure shortly that the short futures are covered providing rocket fuel (as some would say) for the tech sector.

I agree, the NDX had a big sell program but it has now bounced. Nervous Nellies I think. At any rate, when one considers the macroeconomic conditions along with tech sector earnings reports, it seems we'll see some big scramble to get back in as soon as they can't find any more sellers. NDX, 10 min chart has already turned positive. JMHO though. <g>

Regards,

Lee