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Politics : Ask Michael Burke
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To: Tommaso who wrote (64014)7/6/1999 12:54:00 PM
From: PaperChase  Read Replies (1) of 132070
 
>>the Fed might try raising initial margin...that this would dampen the stock markets without causing a banking collapse. <<

If the Fed wanted to do this they would had the opportunity to do this long ago. Indexes are now good for climbing 4% a week. I think we will be good for the year at a 40% gain in the indexes! The NAZ climbed over 10% in the past 2 weeks and continues to accelerate.
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