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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (43598)3/19/2000 2:53:00 PM
From: Stephen  Read Replies (1) | Respond to of 99985
 
Interesting discussion about margin changes ... however .. given Uncle Al's consistent desire to broadcast any major changes before they happen ... and his stance that he doesn't believe margin requirement changes would curb any excesses ... isn't it unlikely he would do anything at the forthcoming meeting. If he did (and I believe he should), he would look really, really stupid ... or, alternatively... totally untrustworthy. On the other hand, his lessening credibility was touched upon by CNBC guests last week ... so maybe he is cracking between that rock & hardplace he has created.

Stephen