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To: Lucretius who wrote (40703)	5/6/1998 10:47:00 PM
From: K. M. Strickler	Respond to of 176387

LT, As you know, part of the problem triggering the 1929 crash was the ability to by stock on margin, borrow against that stock, and by more stock on margin, continuing the cycle called 'pyrmiding'. When the original call came, on a slight decrease in the market, and the stock holder could not meet that obligation, that stock was sold, triggering another sale. I believe that several safeguards have been but in place to prevent that from happening again. Even after the 'heavy correction' in 1987, curbs were put on 'computer' trading to keep a similar action from 'dumping' the market. You still are correct, there will be a top, and a fall between now and June of 2000. In that time frame I see several factors which can cause this, and I have not decided exactly on how and when to take evasive action, and to where I would got for safety. Thanks for all of you posts that continue to make us think, even if we don't necessarily agree with you. Regards, Ken