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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (250)10/2/2001 9:26:06 PM
From: joseph krinsky  Read Replies (2) | Respond to of 455
 
More properly, they are creating demand, maybe that's something to complain about, but I am not interested in that issue.

Do I agree that all margin purchases should be eliminated?

If you want to get upset about people that buy long, and their use of margin, then start a thread about that issue.



To: Jorj X Mckie who wrote (250)10/2/2001 10:53:16 PM
From: Ga Bard  Read Replies (1) | Respond to of 455
 
Margin to go long does not require someone else's property as collateral. That is the difference. Again legal shorting you have to borrow someone else's property and when american;s deposit their holdings they surrender rights as to what is done with that property.

Thus brokers can use it to loan to a short sell to counter the property owners investmnet strategy.

That is what is wrong with legal shorting vs margin buying.

P2bAAAT & DSAS