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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: Hightechhooper who wrote (124333)1/5/2001 6:17:27 PM
From: xstuckey  Read Replies (1) of 186894
 
Hightech,

At the risk of beating a dead horse (actually, beating a dead horse is more fun than you may think), I will once again suggest staying one step in front of the margin clerk by selling just enough stock to reach the required margin each day before the close.

Assuming you do not wish/cannot afford to ante up more money to answer margin calls, this method will allow you to meet them without being sold out by the clerk, and it will also assure that you will be (within the limits of your present investment) FULLY MARGINED at the low, whenever that might come.

Just a suggestion.

Best Trading,
X

P.S. About a year ago, I asked ETrade about a concentrated position ( I am frequently 100% in Intel) and I was told that Intel was a stock approved for 35% margin, even if concentrated. This could have changed.

I am of the school that believes old option players never die, they just expire worthless.
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