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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: timers who wrote (3217)3/16/2001 4:43:13 PM
From: donald sew  Read Replies (3) of 52237
 
Tabler,

Just had a conversation with my broker from GRUNTAL, who advised that margin calls are hitting hard right now. I asked him how many of his accounts are/play on margin and he responded about 50%, which I felt was on the high side. He feels that 35%-50% who play equities are on margin, industry wide.

Always hear the buy-and-hold strategy, but thats hard to do if it is true that so many are on margin.
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