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Strategies & Market Trends : Margin Calls - Share The Pain -- Ignore unavailable to you. Want to Upgrade?


To: Shakush who wrote (70)12/2/2000 10:33:52 AM
From: TradeOfTheDay  Read Replies (1) | Respond to of 158
 
Wonderful information....

Am I wrong in thinking, that as high as these levels continue to be - we are in constant threat of the mkt going still lower every time we have another set of people with margin calls?? There continue to be the folks that think it can't happen to them, the CEOs that can't sell out now- and the margin clerks who are going to liquidate them with market orders every time we have another earnings warning and 3 day drop .

I keep thinking people have got to be clued in now how risky margin debt can be... but I forget about the CEOs and officers who are margined against their company shares to finance their homes, cars and private schools. Every time I think we have hit bottom, it seems the sands continue to shift.



To: Shakush who wrote (70)12/2/2000 11:39:16 AM
From: Asymmetric  Respond to of 158
 
Since March 24, $3.3 Trillion Lost by Wilshire 5000

usatoday.com

"Yet investor wealth is disappearing at an alarming rate. The U.S.
stock market as measured by the Wilshire 5000 index has lost
$3.3 trillion in value since it peaked March 24. To put that number
in perspective: At the start of the bull market in October 1990, the
entire stock market was valued at just $2.7 trillion, Stack says."