Gorilla and King Portfolio Candidates Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: areokat who wrote (21145)	3/23/2000 2:13:00 PM
From: Dr. Id	Read Replies (3) of 54805

I think I understand your position but I've seen enough selling panics over the years to believe that most of us would not respond rationally in a market crash situation.I watch a "professional investment " manager sweat bullets during the 87 crash because he had our company on the wrong side of a $30 million bond position with a big, big lose at the end of the day- and month and year. Again, I think it depends upon how one uses margin. Margin is a good tool during a bull market, lousy during a bear (recognizing that bulls can turn very quickly). If never allowing your margin dept to exceed 20-25%, you are seldom in danger of a margin call (even during steep declines) and will have time to adjust your position before a margin call. I never would have been able to buy NTAP or QCOM last April if I hadn't used some margin (I wasn't ready to sell some other holdings yet, and margin allowed me a time window to make those adjustments). I should also mention that I got off of margin entirely in January (for the first time in a few years) and I sleep more soundly! :-) Dr. Id

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next