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Gold/Mining/Energy : Winspear Resources
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To: MrsNose who wrote (12890)1/20/1999 9:55:00 PM
From: John Paquet  Read Replies (2) of 26850
 
Hey! MrsNose;

When security branches tells to increase margin requirement especially on the long side due to the factor market is going to have big fall so the brokeage form could protect themseves. For example, if Our WSP open gap down by @2.00 @$1.73 tommorrow morning, if you did not increase that margin requirements then your broker will be at greatest risk in case his clients unable to meet the reqirements; so to speak.

Watch the tape much closely this few days. It is going to very very volatile.

John Paquet
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