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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (80835)12/22/1999 4:59:00 PM
From: clochard  Read Replies (1) of 86076
 
Heinz, as long as people have money to buy every dip it will continue. The money is being borrowed on the collateral of stocks themselves. I wonder what percentage of amateur investors are using margin already. Presumably, the brokers would be willing to grant everyone full margin, possibly allowing the mania to continue a lot further until everyone is margined up to their eyeballs.
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