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To: Alex who wrote (41525)9/29/1999 2:17:00 PM
From: IngotWeTrust  Read Replies (2) | Respond to of 116764
 
Thanks for that timely post. That is another sign of an authentic shift in sentiment from, in this case, bearish to bullish: the hiking of margins by the NYMEX of the PM complex.

I recall telling someone back before I left this thread in April 99,
that any PM rallies without an accompanying hike in margins was to be suspect. Therefore, your posting of the hike in margins is welcome news indeed!

Would like to further add this caveat:
You'll know when the party is over when the NYMEX makes the contracts 115% marginable inorder to squeeze out excessive speculation.

This margin "adjustment annoucement" does NOT harbinger anything except that THIS PM RALLY is the genuine article and will be around for a good spell.

YEEEEEEEEEEEEEEEEEEEEHAW
O/49r