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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (826)4/4/2000 10:42:00 PM
From: No Mo Mo  Read Replies (2) of 13572
 
I would sell LHSP then ELON if you had too.

I thought you were optimistic on LHSP. Do you just think it has more downside potential at this point?

GO ask Vendit on his thread he might help you with stops to hold gains,

Thanks, I've never posted to him. I'll give him a thank you and hello.

I can only say they if you have gain in any of those stocks that turn into a losses, then shame on you!

Ummm....what was that Greg...you're breaking up? I can't read you...

Try never to let that happen. If your setting stop losses set them 10% below your buy point.

This is a rule I did not apply to my investing. I work a full-time job. Watching the market constantly is not a possibility. Maybe stops are my only option.

I really hate the wash sale rule now, it makes it very hard to play around with stocks, since they move so fast now.

Could you elaborate on this wash sale rule?

You need to keep your margin at 60% equity or higher, for you just starting out 90% would be better, meaning only 10% on margin or none at all.

OK. 60% is a good goal for starters.

I'm beat and need some food. I'll be back in the morning.

Thank you very much.

-Darin

p.s. I'll liked our relationship better when I just needed you to sell me CD's. <g>
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