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To: Mama Bear who wrote (1089)2/17/1999 9:31:00 AM
From: Batgirl  Read Replies (2) | Respond to of 1329
 
Proffesional trading firms often have 10-1 buying power or greater therefore margin calls occur and many day traders refuse or are not allowed to hold over night. I personally know of many day traders that lost over 20k trying to short before the 9th. Perhaps now you understand.



To: Mama Bear who wrote (1089)2/17/1999 11:14:00 AM
From: Batgirl  Respond to of 1329
 
The 50 day moving average is at 10 1/4 moma bear. All other support failed and this is the last and strongest support for a while .
I f it closes above its 50 day moving average some might interperet this as a good sign. I hope this answers your question and it is not advice, it is just information. Goodbye.


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