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To: warawls who wrote (43601)12/15/2000 3:03:02 PM
From: rocklobster  Respond to of 57584
 
Four Day Margin Liquidation Squeeze.. Its just one more way that the brokers specialists and market makers take your money and put it in their pockets..

If you all want to hear something obscene, I saw a piece on CNBC yesterday about how specialists profits have soared by more than 50% this year, after soaring by the same abount last year.. these guys are making more and more money while the little guys get hurt and the unfortunate long term investors go home with a losing year. supposedly its been a banner year for profits at brokerages too..

rok