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Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%Nov 17 3:59 PM EST
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To: GVTucker who wrote (97392)1/25/2000 4:16:00 AM
From: nihil  Read Replies (2) of 186894
 
Margin loans were up 25% over the last two months. When people sell margined stock, the margin loans are automatically repaid, and outstanding credit automatically contracts. When the markets go down, the money supply contracts unless buyers are borrowing enough to offset the loans that are repaid. Any one who deeply margins his purchases of falling knives and fallen angels is asking for big trouble.
Money is created by borrowing, and destroyed by repaying debt.
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