To: Hydroshock
2 posted on
10/25/2007 7:43:10 AM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
Key to success in the market ... don’t go out on margin
3 posted on
10/25/2007 7:47:18 AM PDT by
clamper1797
(Democrat-one who panders to the crude, imbecilic, and mindless whims of the masses)
To: Calpernia; cbkaty; Nervous Tick; ex-Texan; RockinRight; NVDave; Neidermeyer; Travis McGee; sbMKE; ..
Economy/Credit/Housing Issues Ping List
If you want on or off this list let me know.
4 posted on
10/25/2007 7:50:02 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: TigerLikesRooster
Holy Smokes!
I had no idea margin debt had grown so far so fast!
I suspect we have created within our economy a sizeable pool of speculation monsters — they bounce back and forth between equity markets (stocks, real estate) betting with borrowed money.
They are addicted to speculation like a drug addict is addicted to crack cocaine. Or maybe “like a gambler is addicted to games of chance” is a more appropriate metaphor!
Not a good thing IMO...
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