All Clowns Must Be Destroyed 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.

Pastimes : All Clowns Must Be Destroyed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (34053)	5/19/2000 8:15:00 PM
From: patron_anejo_por_favor	Read Replies (2) of 42523

HB, something I've been thinking about. If margin debt in April only declined 10%, and it was at record levels (280 billion or so comes to mind), that should indicate that despite all of the howling about how margined players have "left the building", there is still an impressive amount of margin in play. If so, given this week's price action, we should be in for some ongoing, rolling margin calls into next week. I suspect that fewer and fewer of these will be met with cash. Although we are somewhat oversold, I'd say much less so than on April 14th (based on VIX and on index oscillators). Therefore, the "water torture" could accelerate into another free fall in the immediate future (Monday-Tuesday). Your thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next