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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: wily who wrote (7161)11/30/1998 5:49:00 PM
From: wily  Read Replies (1) | Respond to of 7247
 
Anyone hear about this?

>>Margin Requirements Being Raised...

The U.S. Clearing Corp is raising margin requirements on 70 of the hottest internet stocks... You may need 70% equity to margin some stocks... Others may go off margin completely... This is to cool down the current internet speculation based only on momentum... The internet sector should take a big hit...


Message 6615247