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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (6641)7/27/2000 10:17:49 PM
From: Gut Trader  Read Replies (1) of 436258
 
Seems Japenese margin calls a comin....

Sentiment's very bad at the moment with the Nasdaq looking so bearish. Everyone's looking to get out of the market,'' said Tetsuya Ishijima, chief strategist at Okasan Securities.

Traders said individual investors who had bought at highs on margin earlier this year were rushing to realise losses before a six-month deadline.

biz.yahoo.com
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