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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DebtBomb who wrote (86124)6/26/2002 9:53:24 AM
From: LTK007  Read Replies (2) of 99280
 
Margin calls go out 10am and 3pm usually. I have doubt that too many clients will be getting three days grace(but margin calls can last 3 days), as i understand 3 days grace is not a law, as one a friend of mine learned in 1987 crash, he was wiped out--250k out the window. He was called and said he must cover margin immediately, and he couldn't.Max
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