Bonnie; I just came across this older message of your's , and it makes more sense than I like to admit. I also see net cash did a vanishing act, now the question is on this last run up, and the inflow into equity funds at the time, could that inflow have been on margin ? I'v never margined very much at all, and have never asked the broker if I could actually buy a mutual fund on margin, you know if that's happening, then the mutual funds can really be margined more than they know about, or that I thought of. I mean if the fund has even 5% cash, but even 1/3 the holders in it are on margin, it could be a mess if things start down. -------------- There may be more to the Brokers uping the margin requirements on net stocks that meets the eye, not saying there is ; just damm if I know. Can the little guy buy mutual funds on margin..? I know that sounds dumb , but darn I never was interested on doing it so I never checked. Jim |