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International Investing / Australia (All-Ordinaries)


Subject:  Good morning fools Date:  4/12/2000  7:30 PM
Author:  demiller1 Number:  1304 of 6186

In the midst of this selloff there are very few posters on the other boards, as they are not inclined to type their thoughts when frustrated.

The continual selloff on NASDAQ now doth cause me concern as we have a situation whereby margin calls will be made on the majority and these investors will be required to cover debt.

What do they do? - sell off quality stocks to cover or sell off the other poor quality stocks and drag the NASDAQ down further. Herein the paradox for these investors. To be in the market or not to be in the market?

Overall bonds have recovered slightly with the bottom being reached. I just now await to see the fallout on margin calls.

For those of you that are thinking of averaging out - WAIT!

Hmmm and boy does gold look good at this stage....
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