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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: tennessee_ted who wrote (97258)	4/15/2000 8:15:00 PM
From: If only I'd held	Read Replies (1) \| Respond to of 108040

Ted...and others....I meant to say something the other day about that subject and forgot all about it...yeah I know...sounds like after the fact right?? Seriously though, I was thinking about the same thing on Monday as I was liquidating my grandfather's account. I have spread my cash out to multiple trading accounts and have had some wired out to me recently. Most accounts are SIPC insured up to 1/2 million dollars each.....however, they insure 400,000 in securities, and only 100k in cash. I think that anyone that is sitting on large sums of cash in their trading acounts, (which I know many of you are...and mostly cash, I hope) you should not rule out the possibility that your assetts may not be fully insured. No, I'm not calling for a rush on the banks and clearing firms like in '29, but I beleive folks should keep this in their minds. That is all I have to say on the subject. Like I said, I thought about it on Monday, then forgot all about it. I did say about 2 weeks ago that anyone that is in real-estate should start cold-calling the brokerage firms, because they are gonna be getting stuck with some that they will need to sell.