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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (60455)5/24/1999 10:48:00 AM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
All that's true, but I think the Fed is determined to prevent its happening if they can. I think that's what those rate cuts were about. With nothing but a fiat currency, I remain more afraid of deleberate inflation, no matter what the Fed may say about its priorities.

But we will see. I remember my mother quoting someone about fifty years ago who said, "We don't want inflation, and we don't want deflation. I guess what we want is flation."

Meantime, do you or does anyone else have any information, informed guesses, speculation, or wild surmise as to at what various levels they could be serious margin-call selling for AMZN, AOL, EBAY, SCH, YHOO, INTC, DELL? I pick up rumors here and there that "my broker," "my friend at the brokerage," etc is saying "a lot of margin calls are going out."

In the last few weeks margin debt has increased hugely, and I can't believe that a lot of that is still for short positions against the box.



To: Knighty Tin who wrote (60455)5/24/1999 11:58:00 AM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Mike, to add to your point . Lower rates mean less opportunity costs for not making loans. Would you loan me money at .5% I promise to pay it back - if I am able -g- HO HO HO Mike