Other than me using the wrong word, meant "requirments". I was correct. I
admit the rate is not set by the Federal Reserve system, but the requirments
are.
Bill

"Joe Parsons" wrote in message
news
On Sat, 13 Sep 2003 05:14:59 GMT, "Calif Bill"

wrote:

(why, Oh WHY do I do this...?)

No one in the
elected government controls Greenspan. Which may be somewhat bad for us.
A
lot of the problems were caused by his policies!!! When the market
overheated shades of 1928 and an IPO with a Website is selling for $300
million, he should have jumped on the margin rates. Not say publicly the
market is overheated (or words to that effect).

May I suggest you learn at least some smattering of how the Federal
Reserve
operates? And what power(s) the Chairman (currently Alan Greenspan) has?

Hint: Interest rates on margin accounts ain't on the list.

Second suggestion (oh, no...it's free--but thanks for offering): Look at
the
performance of the major indexes (the Dow would be as good as any) and
overlay
its performance with events of the time.

For instance: A couple of the high-water marks set by the Dow Jones
Industrial
Average were set on January 14, 2000 (the Index hit 11,722). What was
going on
then? March, 2000: Largest dollar gain in history (up 4.93%). How about
the
date the DJIA first dipped below the 10,000 benchmark? March 14, 2001.

Do these figures relate in any way to the uncertainties and maneuverings
of the
election? If so, how?

Please be sure to show your work.

Joe Parsons