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Strategies & Market Trends : Options

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To: SecularBull who wrote (5951)4/4/2000 1:57:00 PM
From: Seldom_Blue  Read Replies (1) of 8096
 
Agreed about margin call.

Do you think margin related selling will continue for a couple of days?

One time my broker made a mistake and misplaced a position. It created a margin call situation. They sent me a letter asking for the money. They also called me on the phone. So for those they cannot get in touch, it will take a couple of days for the selling to begin. Yesterday and today will not be good for those on margin.

I cannot believe SNDK is now 70 and SEBL is 82. Both are well over 100 yesterday. There is now blood on the street.

Seldom Blue
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