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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Stuart C Hall who wrote (51938)2/20/2000 4:58:00 PM
From: big run  Respond to of 122087
 
WHOA! 430 BILLION.....how many zeros is that? my little mind can't comprehend that type of money.



To: Stuart C Hall who wrote (51938)2/20/2000 8:19:00 PM
From: Druss  Read Replies (1) | Respond to of 122087
 
Stuart--There are some other forms of margin buying going on besides just what CCN is talking about.
People are buying stocks with credit cards they are running up on the theory that they stock will jump enough to make the interest payment worth while. I also know of people using equity in their homes to finance stock purchases. It puts a lot of money in the market but it can be twitchy money.
All the Best
Druss