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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (33357)3/14/2001 9:13:27 AM
From: im a survivor  Read Replies (2) of 65232
 
<<This will go down as one of the greatest buying opportunities witnessed by man, especially today..>>

We shall see......my problem is I bought quite a few of the other "greatest buying opportunities witnessed by man", at higher levels ( not cause you said to, cause I also believe to buy low and I, like you, have thought a bottom was set about ten times already), so unless I sell something and take a loss, I can't be doing too much buying......No matter how low we go......this is not a market to be playing with margin, and that is all thats left to spend....and looking back, I am glad I didnt push it a few weeks ago when my margin % was alot lower....the drsatic falling in stock prices has left that margin % alot higher then it used to be...and falling prices will only make it worse......luckily I wasnt too heavily margined and hopefully I can ride out the storm....but buying now is just not practical for me because I already bought and lost my ass on all the other bottoms I thought we had set.

keith
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