View Single Post
  #2  
Old 01-25-2005, 12:32 AM
laserboy laserboy is offline
Junior Member
 
Join Date: Jun 2004
Posts: 22
Default Re: (Quick) Question, Pls Rspnd if you\'re watching the forum....

No.

They used to allow this type of extreme leverage in the 1920's and it led to the greatest speculative bubble of the 20th century (kind of like what is happening in real estate right now). Laws were passed in the 1930's to signicantly restrict margin requirements to protect speculators from their own stupidity.
Reply With Quote