We examine the strongly extreme point structure of the unit balls of t
riangular UHF algebras. The semisimple triangular UHF algebras are cha
racterized as those for which this structure is minimal in the sense t
hat every strongly extreme point belongs to the diagonal. In contrast
to this, for the class of full nest algebras we prove a Krein-Milman t
ype theorem which asserts that every operator in the open unit ball of
the algebra is a convex combination of strongly extreme points.