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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: MetalTrader who wrote (1387)3/12/2001 11:01:18 AM
From: Think4Yourself  Read Replies (1) | Respond to of 23153
 
That explains why we are down again today. It's the "vicious cycle" of margin calls feeding on themselves.

Actually, as I'm sure you already know, margin calls and fed calls are very different. Haven't had a margin call in a long time but choose to incur fed calls fairly regularly. They usually turn out to be profittable, but it backfired this time. Oh well, can't win them all.

Agree about an emotional capitulation coming soon. Folks I talk to at the gym who claim to be investors are clearly depressed lately. Many have lost what to them are very large sums of money.



To: MetalTrader who wrote (1387)3/12/2001 11:06:26 AM
From: Heretic  Respond to of 23153
 
MetalTrader, >>Friday Merrill saw highest level of margin calls since November, which was the highest level in 16 yrs. << Do you have a source for this? Thanks