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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (22137)8/5/2002 2:59:14 PM
From: Joe Copia  Read Replies (1) of 74559
 
I cant - from my pedestrian-zone viewpoint - see any difference between 1$ equity to 680$+ dollars of commitments (even if its 340-340 = 0) and me going on margin.

True enough but many a fortune has been lost due to margin calls, no? And these large banks are not "pedestrian-zone" they are "stratospheric-zone".

Just some food for thought......
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