350Z's I Fund Thread JAN 08

Status
Not open for further replies.
European markets can't figure out whether to sell the strength or buy on the rate cut.

12% has a knack for timing the market but I think I'm too scared to jump back in. lol
 
The droping dollar keeping the I fund loss from being worse?


Yes, but the effects are weakening as traders are selling into the rally. i.e. The Yen carry trade initially was supportive of the cut but has now reversed somewhat, causing the dollar to rise again. It's still down for the day, at the moment.
 
Does anyone know how long margin calls take to force the sale? I'm wondering when the next shoe will drop? 2-3 days, right?

Check with your broker, in the terms of your account.

They've been known to do margin calls and require the money to be placed in your account before the close of business that day.

In the '87 crash, lots of people got caught because they could not get through on the phone to their brokers, and the brokers had to sell their customer's stocks on the margain call that day before the close.

Although now we have the internet, so communication won't be the same problem, if you are highly leveraged today you need to look at where you are, and what your broker's policies are. (Actually, you should have been doing that a while back).
 
Looks like the market likes the rate cut. Settling down now.

S went green for just a second, and C is clawing it's way back towards postive territory.

Who knows?
 
Status
Not open for further replies.
Back
Top