So now that morning has arrived..what you claimed would happen DID NOT happen...and news article after news article today is already talking about MARGIN CALLS...
perhaps next time you will realize there are people here who do know what they are talking about when it comes to the market.
I don’t know how bad it will get...I don’t know when the Algos will decide enough is enough...but what I do know ..and anyone who knows a damn thing about the market should know...Margin calls killed some accounts last night..and will today.
And it sucks because had they had enough staying power to withstand the margin call their account may go back to where it was on Friday but instead...it blew up.
Will Meade
@realwillmeade
·
39m
As predicted its #MarginCall Monday stocks set to open 5% down.
Will Meade
@realwillmeade
· Mar 6
Looks like we may open down 4% ouch
Black Friday
Margin Call Monday
Hope you cleaned out your 401K last week as I warned
Sigh. You kept claiming “margin calls” were gonna tank a market already going down because of fear and the oil price war. Other than headlines, you have yet to answer my simple question, what percentage of the market is/was on margin?
You want to be the market guru and give advice to people you do not know on the internet, knock yourself out. But to claim anything beyond being obvious as a credential, you lose.