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To: BGR who wrote (43599)5/27/1999 3:46:00 PM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
The the academic literature on equity margins,
and changes thereof, have demonstrated no
empirical effect on stock prices, as pensions and mutual
funds do not borrow to buy stock. :^)

Why stop there?<g> Let's eliminate auto and home
loans, after all they're more significant assets
for most people. Then go after the credit cards.<g>