Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (82640)	12/10/1999 7:15:00 PM
From: Petz	Read Replies (1) of 1576800

ted, re:<And don't forget this particular kind of craziness didn't start last week...its been going on for several years and when it gets excessive, market conditions or the Feds or the Brokers or the Nazdaq put down some restrictions like the ones announced this AM where the margin call restrictions were increased for day traders and things then cool down.> The FED has control over margin %. I would not be surprised to see them raise the margin % to, say, 60% to stop the mania. They haven't played this card in decades and I don't think margin rates have ever been above 50%, but there's a first time for everything. (even 700% opening day jumps) Petz

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