Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (79266)	4/10/2000 4:24:00 PM
From: Freedom Fighter	Read Replies (3) of 132070

T, I think we are getting real close to a Nasdaq meltdown. I'm not a timer, but it's in the air. I can't see where the money is going to come from to support the market at this level. Everyone and his mother is writing articles about the dangers of explosive growth of margin debt. We must be close to the limit. More than a handful of people have already gotten their first taste of a margin call (or close). This is the last week for inflows related to IRAs etc... The Fed is still likely to tighten in May. There's a ton of internet companies that need to come to market for equity to remain in operation - and by definition a lot of companies and people that are dependent on that scam continuing. We must be close. Wayne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next