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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (4089)7/17/2000 1:54:16 PM
From: Lucretius  Read Replies (3) of 436258
 
LOL.... i saw no mention of the leverage enabled thru the use of derivatives. When you throw that in, theleverage far exceeds anything seen in 1929. how else can we get the total mkt cap upwards of 180% of GDP... an alltime bubble record

but.. i forgot... LTCM was just a one-time thing and nobody else indulges in the leverage they were using... now, tell me again how many AMD CALLS you were going to buy? -g-
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