Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (42362)	5/6/1998 11:19:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 58727

Tom Re:" raising margin requirements to 65%" I think that the phone lines are going to be real busy at the brokerages. Margin calls!! Gersh

To: Tom Trader who wrote (42362)	5/6/1998 11:42:00 AM
From: ViperChick Secret Agent 006.9	Respond to of 58727

BTW, surprised that you did not comment on the CNBC report that during the Greenspan/Clinton meeting the former was going to advise that the Fed is looking at raising margin requirements to 65%--as a way to reduce the likelihood of a bubble. I guess you did not hear the report. The only thing I heard was the it was a possibility that this would be part of the discussion. This may be one of those things they are floating out there again to caution people. No doubt if they did that the effect would be tremendous..both on the short side and long side.. Maybe traders are thinking about Buffett's comments (which after reading them on thestreet.com indicate to me he thinks we are overvalued- especially banks)...and the margin aspect...the rate aspect....etc etc etc ..and it is just causing a slow sell off....