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To: pater tenebrarum who wrote (68374)2/16/2001 9:40:28 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
looks like form where they opened it that they can hold it together for today and then we destroy them next week....



To: pater tenebrarum who wrote (68374)2/16/2001 9:58:03 AM
From: advinfo  Read Replies (1) | Respond to of 436258
 
yeah, and a spooky little sidenote...my brokerage sent
out a broadcast email stating they will no longer accept
credit card checks for account deposits. Man, the abuse
going on out there...



To: pater tenebrarum who wrote (68374)2/16/2001 11:13:53 AM
From: dpl  Read Replies (1) | Respond to of 436258
 
Margin debt tends to be very "trendy"

In a long bull market it gets to very high levels.When it starts to decline it is long term bearish as long as it keeps falling.In a big bear like 1973-74 it can fall 50% from it's highs.In a bear like the 1930's I think it dropped over 90% before the bear was over.

David


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