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To: Cynic 2005 who wrote (2632)12/14/1998 9:53:00 AM
From: Zardoz  Respond to of 81108
 
<<Once again: How many people realize that a margin account is a form of derivative?>>
"I lost you on this one. Are you saying I don't understand this for a fact?"

Thought the comment was well written. People say, they would never invest in a derivative. Many say that derivatives are a folly. Yet how many people realize that a margin account is a form of derivative?

Since you have a problem with the way I asked it, I'll rephrase and direct it to you: Did you know that a margin account {a trading account where you buy equities on a margin} is a form of a derivative?