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To: Bill F. who wrote (36834)4/28/1999 12:32:00 AM
From: IceShark  Respond to of 86076
 
Ok, ok. Man, you got to quit going to the Steve Covin school of communication, my head hurts after reading that. -vbg-



To: Bill F. who wrote (36834)4/28/1999 5:20:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
Bill, no fair. You said in your yesterday's rap:

<<Margin for error... I know last week has been long forgotten, but it's been brought to my attention via a couple of good industry sources that we were precariously close to massive margin calls last week. Both of these sources indicated that it was potentially going to be a lot worse than October of 1987. I expect what we'll see at some point is this: We will be literally two days off a new all-time high and we will have a wipeout, because so many people own so many securities that can drop 30-40 percent in a heartbeat and own them on margin. What almost always happens at the end of crazes is, people own the wildest and craziest stocks and they are overexposed. This is no different than that, as anyone can see who spends any time online or in a chat room. So the new era of online traders are setting themselves up for a wipeout. They all will profess to a man that it won't happen, but it's almost guaranteed that it will. >>

Two "evil" minds think a like? -g-

<<BTW, I am the one who is predicting a clean sweep of all "margin" (long) buyers in May.>>
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