the markets are an evil place..., page-76

Interesting to say the least, i know why a lot couldn't hold off selling, and thats because their brokers sold without their knowledge to cover margin calls t4p, what a stupid risk in a current climate to have a margin call.I bet also some selling was pension,mutual and the like funds from clients wanting safer angles.Gotta ease up on the conspiracy theories a bit though, you'll do yourself in one day, its the game we all live by and work within so i wouldn't focus on that in a big way.Your right a lot will go to the wall but they'll only come back with someone else's money putiing pressure on inflation and lining themselves up for another hit if they didn't learn from their ways, and lets face it you could need say 10-30/40k in this climate to ride out a storm but that really depends on what you hold but it'll be a pretty good figure to go off imo.
I would say 70% of traders are doing it with 80% borrowed and thats a recipe for disaster.
If 9/10 weren't so dumb the rest couldn't make any money.