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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (62983)	6/22/1999 6:47:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 132070

Where does he think "the people" will get the money to speculate? Give me a break. bp

To: Skeeter Bug who wrote (62983)	6/22/1999 8:14:00 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Skeeter, >>alan has made statements that if he restricts margin requirements that people will feel more comfortable to speculate and the problem will be worse.<< Thanks for reminding me of that. He did say that sometimes changes like that get unexpected and unwanted results. I remember him referring to margin requirements as an example. His reasoning was that if investors view the market as highly leveraged and therefore risky, some will exercise increased caution (like me) or choose not to participate. If they view it as safer they may be willing to fully invest. Not sure I agree with him on this one but I understand the principle. Wayne