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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Giordano Bruno who wrote (338782)7/20/2007 9:54:33 PM
From: Real Man  Read Replies (1) of 436258
 
Stocks or dollar? We are already marginally below last
support for the dollar, I think.

For stocks there is no BK level, but a large deviation from
mean will pull the trigger. Then it will blow through all
levels, and the market will close limit down. Next day will
be margin calls. They drastically lowered the margins for
MM on Feb.,28, that's what saved the markets then. Now the
leverage is higher. The glitch was exactly what I am referring
to.
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