June 13, 2006
Back Office Conversation - Brokerville USA
It's 3:00 pm - your turn to make the margin rounds
Come on Dick, why do I have to keep making the rounds. Come on Dick, help me out a little Dick, the brokers are ready to hang me. Dick, cut me some slack.
No can do TINY.
And so it goes. Strong open, forced SELL's on close.
Many lives being destroyed in this global selloff. It is a shame really. Speculation is wieding it's ugly heads to many first time global investor's and the blame and fallout will not be pretty.
I sense much worse stuff for the US markets.