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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.08-0.8%Nov 18 4:00 PM EST

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To: Susan G who wrote (71687)3/10/2001 5:15:56 PM
From: Zeev Hed  Read Replies (2) of 99985
 
Susan, think you missed something, it applies only to people with less than $25,000. Most day traders have a little more than that to play with. Furthermore, the real hook is that now they'll let you work on 25% margin in those trading account rather than the current 50%. How crazy can those guys be? In any event, I was under the impression that margin requirements is one of the fed's responsibilities, not the SEC, anyone knows why the change of heart?

Zeev
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