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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.63-1.4%Oct 31 5:00 PM EST

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To: Bill Murphy who wrote (36036)6/28/1999 9:48:00 AM
From: Bobby Yellin  Read Replies (2) of 116741
 
This time is different..more and more individuals are relying less on fund managers and are trading their individual accounts..I don't know my history..but this might make it more difficult for the financial types to steer the market..also a lot of people have been very success margining themselves..so if there is a drastic fall..it might bring on an even more drastic fall as they have to cover their margin calls by selling more and more..whereas usually mutual funds have cash on the side and aren't marginned..they just have to worry about redemptions
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