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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (12031)12/21/1997 11:45:00 AM
From: Jon Matz  Read Replies (1) | Respond to of 94695
 
Anyone

These may be very silly questions, and as such I am as afraid to ask, as I am of the possible answers. Do brokerages in the USA have the right to borrow against their clients holdings to speculate in any way? I ask this because until recently I believed they could not, but it now appears that clients in other parts of the world are at risk for loses, like in Japan.

If they are able to, does that place client funds in jepardy in any way? Is there any resemblance between brokers and bankers that put us at risk? I assume that stocks would be eventually returned by a bankrupt broker, but what about cash?

Concerned,

Jon



To: William H Huebl who wrote (12031)12/21/1997 12:31:00 PM
From: W. Clinton Terry  Read Replies (1) | Respond to of 94695
 
Bill:

OT - Can you recommend where I might be able to buy Metstock (latest version) at a discount price?

Clinton



To: William H Huebl who wrote (12031)12/21/1997 12:48:00 PM
From: R. Bond  Read Replies (1) | Respond to of 94695
 
Hi Bill,

Interesting idea with VGY. I cannot get a response to the symbol from YAHOO! How do I get a quote?

Thanks in advance,
Bond



To: William H Huebl who wrote (12031)12/21/1997 2:25:00 PM
From: kas1  Read Replies (1) | Respond to of 94695
 
>it seems rare to have them moving in opposite directions

yes, that's a valid empirical observation. i guess i was making more of an fa argument than a ta argument (oh no, on this thread?).
let me give you a hypothetical fa scenario. the diseconomies of scale and the law of diminishing returns put a big damper on growth of the dow companies. maybe 0 growth if not negative. at least for a couple of years. djia gets sliced to 5000 maybe. meanwhile, aol is making new highs, so are msft and psft and dell. do you call this a down market, or just a changing of the guard? do not become so engrossed watching price movements that you are not open to a realignment of the big picture.

of course, this is all moot, since you use the vgy instead of the djia anyway. :-)