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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (62194)4/18/2005 7:25:46 AM
From: shades  Respond to of 74559
 
Bwhaha, happy meals, you kill me - the breakfast burrito is how I start my day.

Is there a lot of people out there waiting to unload from year 2000 investments on any rally - that is called overhang no? Can the market fall any amount to get them to dump or will they only unload shares in a rising market?



To: Maurice Winn who wrote (62194)4/18/2005 8:36:33 AM
From: Moominoid  Respond to of 74559
 
I bought some News Corp but I think I need a new broker - I hadn't traded for a very long time and these guys are trying to discriminate in favor of customers who have margin loans or cash accounts with them - so they imposed some "credit limit" on my trade and I didn't buy as much as I wanted. Maybe they saved me from myself :) In other words they don't know how much I can borrow from my lender and assume as if I am going to pay with cash.... I'll ask my lender (Leveraged Equities) who is a better online broker I can use who can work smoothly with them. Or I could just switch everything to these guys, though I am kind of reluctant to do that. It all feels like a big hassle from the other side of the world here.