1.   Crisscrossing the country, trying to persuade institutional investors to buy mortgage securities, Ranieri bumped into Milken.

2.   If all banks sell securities, they will all lose deposits and balances as their own customers buy securities.

3.   Traded options allow investors to enjoy the price movements of the underlying security at a fraction of the cost of buying that security.

4.   People will buy more securities.

5.   If the Issue Department buys government securities, it will buy them with extra money that it prints.

6.   If the rate of interest approached this minimum level, no speculators would wish to buy securities.

7.   When people buy these securities, they pay for them with cheques drawn on banks.

8.   Also contributing to the strong rally was short covering, in which traders are forced to buy securities to cover mistaken bets that prices would continue to fall.

9.   An investor buys securities that turn out to be worthless.

10.   An increasing number of people are buying the securities as decoration or as potential investments.