SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Alan Whirlwind who wrote (38640)8/8/1999 8:47:00 PM
From: Alex  Read Replies (2) | Respond to of 116764
 
<<ÿNew York Stock Exchange member firms customer margin accounts, which allow investors to borrow against a portion of their portfolios to purchase additional stocks, surpassed $170 billion in April, reaching $178 billion in May before edging back by about $1 billion in June.
ÿ ÿ ÿ ÿThat represents a 25 percent increase versus December, 1998, growth that outpaced the 19 percent gains in the Dow Jones industrial average, for example. The growth also came after many retail investment firms such as Charles Schwab Corp. were tightening margin rules, requiring investors to put up more cash for trades. >>

msnbc.com