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To: Joseph G. who wrote (7779)9/7/1998 3:55:00 PM
From: Wren  Read Replies (1) | Respond to of 42834
 
Joseph G. you point out that it is not necessary to put up cash on a margin call because the broker can sell if you don't.

If the broker sells and receives less that the margin debt, the customer owes the broker the difference.

My point was that margin calls cause selling. It matters little who sells, the customer or the broker.

Incidently, have you read any of the reports at the Princeton Economic Institute site? This is not connected with the University, but is an economic advisor. They present some disturbing forecasts. www.pei-intl.com