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Politics : Formerly About Applied Materials
AMAT 249.99+3.1%3:59 PM EST

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To: Proud_Infidel who wrote (20108)6/11/1998 2:04:00 PM
From: Jacob Snyder  Read Replies (2) of 70976
 
re: "The trick is knowing what is a peak"

Actually, for 1998, knowing the trough is a bit more relevent. You are going to be right, eventually, about the peak, sometime in the distant future. In the meantime, I think you need to be worried about a margin call. In the portfolio game, you're not using margin, but you've said you are using margin in other accounts. Have you calculated at what amat price you'll get that call from your broker? I know you think it won't happen, but do you have a contingency plan, just in case me and BB and aki and teri are right? Are you going to raise cash, or eliminate margin, if you get to within 20% of a margin call? Or will you just wait for the call? I'm curious.
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