Detailed text transcripts for TV channel - FOXNEWS - 20180205:21:35:00
We remember with the 87 crash to a lesser degree, margin cars -- you had to get cash or sell stock to make hole. that started a new wave of selling after the event. you envision that? a lot of individual investors, the default is to buy stock on margin. in other words, borrowed money. >> and buy on the dip. it's feasible that people saw a big sell-off early and then the markets started to go back up. everybody is like here it comes. i should have bought on the dip. so when it went back down, they started buying and got whip sawed. it depends on your personal situation. if you have cash on the ...
Source: news source