There was this article on margin loans this weekend, basically raising the spectre of margin calls.
Now most of the folks on this board would have the nouse to use margin lending responsibly and I doubt there would in fact be a margin call amongst those here. I believe they would act before that was ever necessary.
But there must be a ton of numpties out there, hocked up to the gunnels with margin loans taken on reletively recently in the piece.
I personally know on guy who pumped $400,000 of margined capital into the market earlier this year.
If the market does take another hit in the near future, this could become a big factor in tripping a waterfall of selling pressure as those investors who where residing in wonderland, pumped margined capital into the market at the top, get called in.