Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote ()	3/31/2000 1:08:00 AM
From: Frederick Langford	Read Replies (1) of 108040

Has anyone seen Michael Metz? Quality stocks will come back. Fed doesn't meet till mid May. The danger lies in using margin so freely offered. At that point, you are no longer captain of your ship. Margin is like buying on a credit card, too d@mned easy. The debt is only called when things are chaotic. Often your holdings are sold by the brokerage firm to guarantee their loan. The loses are no longer paper losses, they are very real. If there is any one thing that will take away your ability to live to fight again, it's margin, the sword with two edges. Use wisely or not at all. JMO Fred

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