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To: zax who wrote (13176)8/11/1998 2:17:00 AM
From: Impristine  Respond to of 164684
 
Like RCA in the 30s? Didn't they go from 130 to 2 in two years?

who cares.

why are you so lame?



To: zax who wrote (13176)8/11/1998 2:22:00 AM
From: Bill Harmond  Respond to of 164684
 
Could very well happen on 10% margin. If the Dow had been on 10% margin last month, that 10% decline would have been like 1929 instead.

You never know until it's too late what critical structural flaw underlies a market until it buckles. Derivatives must hold a few doosies.