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To: pater tenebrarum who wrote (76125)11/18/1999 4:21:00 PM
From: re3  Read Replies (1) | Respond to of 86076
 
margin of 4 x ?

turn out the lights...



To: pater tenebrarum who wrote (76125)11/18/1999 4:26:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
yep.

new lows expanded to 150 and new highs to contracted to 93 today.....



To: pater tenebrarum who wrote (76125)11/18/1999 4:29:00 PM
From: Maarten Z  Read Replies (1) | Respond to of 86076
 
Holy $hit Batman!@#!@

WTF? I thought everyone was screaming that margin requirements should be more restrictive. Now
the NYSE is going to allow it to be 4 - 1?

In Gods name what is going on?
We are obviously experiencing complete fu*king anarchy in
the equity markets.

And nobody gives a damn. Not the Fed, not the SEC, not
any regulatory body, and for sure not mutual funds, analysts, and Joe Frigging 6pack.

Heinz - this will end terribly.

MZ



To: pater tenebrarum who wrote (76125)11/18/1999 4:38:00 PM
From: BGR  Read Replies (1) | Respond to of 86076
 
Sad. Next incaranation of April '99 will wipe out way more people.



To: pater tenebrarum who wrote (76125)11/18/1999 6:00:00 PM
From: Tim McCormick  Read Replies (1) | Respond to of 86076
 
I'm scared now. UFB



To: pater tenebrarum who wrote (76125)11/18/1999 8:20:00 PM
From: bill meehan  Read Replies (3) | Respond to of 86076
 
Heinz, I had to double check the link twice. My first impression was that it was just a joke. How come only 4x? UFB.



To: pater tenebrarum who wrote (76125)11/19/1999 5:31:00 AM
From: Oblomov  Read Replies (2) | Respond to of 86076
 
Heinz,

Most of the ECNs have a 25% margin requirement for daytrades already. The NYSE is just competing for the daytrading business.