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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Jon Tara who wrote (12869)5/4/2001 10:07:20 PM
From: Allan C.  Read Replies (2) of 18137
 
If they are concerned about a mass failure, I think it would be more "fair" to adjust the margin requirements to a point that makes the system safe. Instead of allowing borrowing at 2:1, maybe it should be 3:2. This way small traders could still short, which to me is the big issue. By prohibiting shorting, a large part of the "game" is taken away from traders. I am not too passionate about the issue, since it doesn't apply to me anymore, and I am not a big fan of margin or shorting in my own account anyway. But I am big on folks having as much freedom as possible up to the point it negatively effects others. I guess the powers-that-be determined that in this case that line had been crossed...
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