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To: Alex who wrote (45190)	11/20/1999 7:11:00 PM
From: SwampDogg	Read Replies (1) \| Respond to of 116896

All I have to say is that I am stunned. This has proven beyond belief that this is going to end very very badly for a lot of people. What the hell are they thinking? They should be going the other way and cutting back on margin but greed and competition is the norm these days. How can Greenspan talk about "irrational exuberance" and then this is done? Unbelievable....

To: Alex who wrote (45190)	11/20/1999 9:34:00 PM
From: Richnorth	Respond to of 116896

If that darn thing gets approved, there will be more liquidity and the "bull market" will likely continue past January and perhaps into March. In a way, it makes some sense because a trader needs at least more than $100,000 to have minimum coverage in just a few key stocks whose valuation have reached stratospheric heights in the last little while. Apparently the powers that be are not afraid of a market crash. With the knowledge/experience of past market crashes behind them, they believe they can somehow surmount/mitigate the severity of any major untoward happenings. Also don't forget that BC wants to go down in history as the Prez that led the US citizens into wealth and prosperity right into the 21st century!