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To: Dan Duchardt who wrote (10465)8/30/2002 12:29:40 PM
From: LPS5  Respond to of 12617
 
Gradualism in action, buddy. When friendly neighborhood regulators are given even so little as an inch...

LP.



To: Dan Duchardt who wrote (10465)8/30/2002 2:18:40 PM
From: Jon Tara  Read Replies (1) | Respond to of 12617
 
Dan, I didn't say that I like the rule or support it.

Just that it probably is a good thing over-all for the public.

Two different issues.

Want to know how I knew when the bubble was at it's peak?

I walked down a row of cubicles where I was working at the time - a engineering firm developing Bluetooth technology - and every screen in that row was on a brokerage web site.

Everybody was day-trading.

I had to carefully schedule Friday meetings with one individual I called "margin man". You couldn't schedule a meeting that conflicted with his regular Friday trip to FedEx to send his margin check to his broker...