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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who started this subject7/27/2000 10:44:50 PM
From: rupers  Read Replies (1) of 122087
 
Margin Call meltdown?

Man oh man. I think we're seeing some margin call meltdown on some stocks. Take a look at some of the messages at the RB board for XLA (which has really tanked). Several are facing margin calls this and next week, and openly crying in their beer about it.

ragingbull.altavista.com

Wouldn't be surprised to see similar on NUFO (from 150 to just over a 100 in two days) or RAMP (big loser today). Even bottom feeders are going to wait a while to let the margin calls settle out.
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