401 k plans are not marginable. Well, you can do covered calls in them.
The decline every day between 2 and 3 is because margin calls go out around 1 PM
This decline wiped out small margin players two weeks ago.
The big guys (investment banks) are going down with the oil collapse.
Who knew that a simple flu could shit-can the entire world economy.
You get it. :)
crude at $28 per barrel right now ... down 32% ... and still dropping ... after a 10% drop on Friday ...
This has the potential to do a Lehman type blow up
Will it? Dont know
Lots of rumors circulating about about Bond Funds being blown up...
This decline wiped out small margin players two weeks ago.
The big guys (investment banks) are going down with the oil collapse.