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To: PaulM who wrote (12032)5/22/1998 1:48:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116825
 
It is SOP to hike margins at the discretion of the CFTC & Exchanges to force out excessive speculation. It is also SOP to bring this pressure to bear if a Kodiak is caught in a vertical, bear trap in a thin precious metals market contract.

What kind of response are you looking for, Paul?
PA down today showed that it accomplished part of its intended effect.

O/49r



To: PaulM who wrote (12032)5/22/1998 7:25:00 AM
From: long-gone  Respond to of 116825
 
Yes Paul, read & understand.
IMHO a margin req. increase is a good thing. drive less shorting.
pricess go up.YEA.
FED should have raised rates(& margin requirements):
biz.yahoo.com
rh


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