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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (12526)3/17/2000 10:40:00 AM
From: Sam  Respond to of 15132
 
One speculation about what happened over the past few days:
Message 13221092



To: Justa Werkenstiff who wrote (12526)3/17/2000 12:41:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
I had the unpleasant experience of noting my margin equity percent fell below 100% in my main account yesterday given my SPY short position took a big hit and the underlying funds and securities have not kept up with the S&P suddenly. I guess I'll sit tight for a moment and be ready to convert part or all of my SPY short into Ultrabear to free up some cash. I wish I knew if Bob thought the current move was a fake out or not. With the Wilshire hitting a new high Greenspan has no need for restraint

Marc