It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Shenon
reply to post by Vitchilo
I hope so...i really do. What we´ve seen the last Week was just more of the same "A Plan to plan for an Agreement on a Plan which actually makes everything worse but calms the Market for like 48 Hours" BS...
Let it End!
Originally posted by Vitchilo
Originally posted by Screwed
Please explain to those of us who are financially retarded WHAT exactly ends Monday?
The whole economic scam that has been going on for the last 30 years.
All the big banks, kaboom. They are way too leveraged... like in the 80-1 range... or even more...
The margin calls will be bigger than the entire world's GDP. They cannot pay it.
I bet the big banks are on the phone right now with Bernanke asking him for hundreds of billions.edit on 4-11-2011 by Vitchilo because: (no reason given)
Originally posted by jefwane
I saw this at zerohedge. I'm sure it's notable, but I don't think it's quite the End of Western Civilization. Zerohedge does get a bit hyperbolic sometimes (but it's entertaining hyperbole). But you never know the weekend is still young. Greece could blow, Israel could attack Iran, or we might find more contagion from MF Global. I don't know futures as well as I know other types of trading vehicles so I must rely on the consensus of voices I trust from more finance oriented message boards.
I do know that the market will move in the direction (long or short) opposite of where the most leverage was.
Originally posted by St Udio
Because as of close of business on November 4, today, the CME just made the maintenance margin, traditionally about 26% lower than the initial margin for specs, equal.
the Mercantile Exchange raised the initial margin??? ... by 74% ???
is that what your saying?
well that would take all but the well financed Big Boys out of the futures wouldn't it
silver margins were raised 5 times in one week...then the silver market got contained
the gold margin was raised only once... & has yet to go berzerk & volitile , probably because the CME is holding a margin increase hammer over the traders/investors heads
now all commodities are going to have a 100% margin requirement for a bettor to participate...
i'm gonna play DZZ, SKF, SKK, SDS, SJH... and a few others on monday
edit on 4-11-2011 by St Udio because: (no reason given)
Investopedia explains Initial Margin
According to Regulation T of the Federal Reserve Board, the initial margin is currently 50%. This level is only a minimum and some brokerages require you to deposit more than 50%.
[color=YELLOW]For futures contracts, initial margin requirements are set by the exchange.
Investopedia explains Maintenance Margin
As governed by the Federal Reserve's Regulation T, when a trader buys on margin, key levels must be maintained throughout the life of the trade. First off, a broker cannot extend any credit to accounts with less than $2,000 in cash (or securities). Second, the initial margin of 50% is required for a trade to be entered. Finally, the maintenance margin says that an equity level of at least 25% must be maintained. The investor will be hit with a margin call if the value of securities falls below the maintenance margin.
Originally posted by Advantage
... and look, just run around in circles and scream...