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Strategies & Market Trends : The Thread
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To: DebtBomb who wrote (38497)3/16/2001 5:23:06 PM
From: herringbone_100  Read Replies (1) of 49816
 
yeah but i still think that most avg. person has become, uh, 'de-sensitized' after the chinese water torture we've been suffering...
but this is an interesting post from donald sew:

To:Tabler who wrote (3217) From: donald sew Top of Form 1 Friday, Mar 16, 2001 4:43 PM Respond to of 3258 Bottom of Form 1

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.

have a good weekend all!
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