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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (27978)5/7/1998 9:04:00 AM
From: jluker  Read Replies (1) of 132070
 
fyi, anyone heard this?

"..Rivlin also somewhat quelled the rumors circulating that the Fed was considering raising the margin requirements to 65% from the current 50%..."

also in a related note:
New Margin Rules

As an interesting note, clearing firms will be able to provide day
traders with 4 to 1 intra-day buying power starting in July

"But contrarians believe this move to be a major
sign of a market top, and certain other analysts strongly feel market volatility will skyrocket as a result."
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