Wednesday, February 28, 2007

Margin Calls - Bill Cara's Excellent Thoughts

I've been meaning to add Bill Cara, who doesn't know me from a hole in the wall, to my favorite links section. I am a regular reader. He has a great analysis of the impact of margin calls on yesterday's sudden 200 point slide. It makes sense to me:
http://www.billcara.com/archives/2007/02/caras_daytrader_bull_board_wed_14.html#more

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