Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Monty Lenard who wrote (28905)	9/25/1998 8:22:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Monty, my two cents is that AG wanted the stock market down before any easing. That is why the discount will be now. I only hope that at the same time they will request higher margin requirements from brokerage hoses and other financial institution to stop speculation. Today margin requirements are 5% for them, not 50% as to the retail investor. BTW treasuries are 10% margin for retail. BWDIK Haim

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