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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.46-0.9%4:00 PM EST

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To: Iris Shih who wrote (19654)1/31/1999 10:43:00 AM
From: Iris Shih  Read Replies (1) of 70392
 
Found this from other thread,

From Schwab...effective 1/29
The following NASDAQ stocks are now subject to the new 70%
maintenance requirement:
For securities with a 70% maintenance requirement, the buying power is
equal to the non-marginable securities balance divided by .70.
AEIS
AMTD
AMZN
BAMM
BRCM
BYND
CMGI
CMNT
DBCC
DCLK
EBAY
EGGS
EGRP
EXDS
KTEL
LCOS
MKTW
NSOL
ONSL
SEEK
UBID
XMCM
YHOO

This might explain why most of the stocks on this list are under selling pressure now due to margin calls. But I don't think it will last long.

Iris
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