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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (14548)1/8/2000 9:53:00 AM
From: chaz  Read Replies (2) of 54805
 
It's nice to see there's a little "give" in your anti-margin stance. I use margin to increase profit. I'm aggressive about it. It works for me. Every time a margin holder sells, it is to cover his/her debt. But you can cover at $100, or $85, or $75, or $65, or you can let the house decide for you. Some of these actions are more profitable than others.

Options I hear are wonderful. I also hear they're terrible.
I don't clearly understand them. I don't use them.

I have a hunch that SL knows what he's doing, and has had about the same profitable results I have had.
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