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Strategies & Market Trends : Margin Calls - Share The Pain

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To: Shakush who wrote (70)12/2/2000 10:33:52 AM
From: TradeOfTheDay  Read Replies (1) of 158
 
Wonderful information....

Am I wrong in thinking, that as high as these levels continue to be - we are in constant threat of the mkt going still lower every time we have another set of people with margin calls?? There continue to be the folks that think it can't happen to them, the CEOs that can't sell out now- and the margin clerks who are going to liquidate them with market orders every time we have another earnings warning and 3 day drop .

I keep thinking people have got to be clued in now how risky margin debt can be... but I forget about the CEOs and officers who are margined against their company shares to finance their homes, cars and private schools. Every time I think we have hit bottom, it seems the sands continue to shift.
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