Wacky,
Thanks for the info.
That day they raised the margins by 22%.
This time they are raising to 100% on EVERYTHING.
The liquidity is not likley to be available on such short notice to cover the calls and the calls will likely come hard and fast.
As the commodities crash from CME calls depresses the market, they will further set off other margin calls as the prices keep declining and act like a domino.
Many will likely be wiped out.
It could be a good opportunity to buy back in at lower prices if you get out before the comex opens on Monday night.
Lets hope this doesnt happen though but it seems likely considering the actions they have taken.
Wacky,Thanks for the info.That day they raised the margins by...
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