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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (6257)5/17/2004 7:43:47 PM
From: Earlie  Read Replies (2) | Respond to of 116555
 
Ork:

Thanks for the nice comments. They are appreciated.

I think we are right on the cusp of witnessing the remarkable power of "the margin call blues". We have had a series of nasty days and calls to several broker pals indicate that the credit managers are wearing Glocks and taking no prisoners of late. If we don't see a rally that takes some of the pressure off stretched margins soon, Joe Three-Pack will be history. It's a jungle out there.

Glad I am on the short side of this one.
Best, Earlie