SI
SI
discoversearch

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.
Non-Tech : Auric Goldfinger's Short List
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sir Auric Goldfinger who wrote (5072)4/20/2000 8:49:00 PM
From: Phil(bullrider)  Read Replies (1) of 19428
 
Auric,

You and I have been "friends" for a couple of years now, and since I am basically a "bull" and you are mostly a "bear", I consider your post a friendly "jab in the ribs".

I admit I have been the "jabber" lately, and I consider your recent jab "due".

Now, concerning market conditions and margin calls, I was really close to a margin call until the uptrend.

I never allow my margin to approach 50% and seldom allow it to reach 25%. I was caught somewhat by surprise with the severity of the recent downturn, although in retrospect I should not have been.

When the Market Makers and Specialist's are allowed to short into rallies and cover into weakness, while the whole time trading in separate accounts, why should one not expect volatility?

It's like a license to print cash.

Gloat while you can.

I have cash at my disposal if necessary.

Have fun,
Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News