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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (125132)10/2/2000 4:24:11 PM
From: chic_hearne  Read Replies (1) of 1577988
 
Re: All I was saying is that kind of volatility.....wishing for the teens....may be good for you but may not be for others

Ted,

I'm not really wishing for the teens, I just think it will happen for a few reasons. 1) Intel is going to break $40 soon. 2) MU earnings could be terrible 3) the trend in the tape is down, I'm not fighting it.

I don't think there's anything wrong with being realistic.

There have been a couple of people who have said on the mod thread that they have had margin calls and some of their shares have been sold....and I am sure there are others who are experiencing the same problem but have said nothing.

I'm sorry, but I have little pity for people on margin. My advice is don't use it, but if you do don't cry about it later.

I was lucky, I saw a few people get destroyed which convinced me to stay away (aside for very short term trades I occationally make [a few hours]).

chic
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