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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Dan Clark who wrote (6679)1/29/2000 9:58:00 PM
From: Leland Charon  Read Replies (1) of 18137
 
Dan,

I heard of this proposal a while back. Doesn't the proposal also aim to grant daytraders an intraday margin of 4:1 as opposed to the current 2:1? I read an article on this proposal a couple of months ago on the Cnnfn site. I think they may also be proposing some changes to the overnight margin holdings and what would constitute a margin call?

Leland
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