Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wally Mastroly who wrote (12694)	3/23/2000 10:08:00 AM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 15132

Wally: Yeah, yeah all the Feds are concerned. Screw them. If they were really concerned, they would be proactive instead of reactive. BTW, Greenspan to testify before congress on April 13 regarding financial regulation. Maybe they will study the matter further and further and issue a report three years from now. I agree with Greenspan. Raising margin requirements hurts the little guy. Thus, we should get rid of the requirements totally <g>. Re: "A seasoned investor will hedge risky margined positions with safer bets. But these days, seasoned investors are far outnumbered by novices as online trading draws new hordes into the markets." Looks like an imbalance to me. Will the new on-line hordes of gunslingers be the modern day equivalent of derivatives and portfolio insurance? Can these e- brokerages really handle a mad rush to the exits in a sell-off? I doubt it. And Greenspan is helping to create the margined man or woman. Imagine that. Greenspan is helping to establish a market imbalance. Oh, the irony of it all!!!