Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

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To: Mani1 who started this subject	7/9/2001 9:55:31 AM
From: Epinephrine	Read Replies (2) of 275872

All, Well, I am out 10000 at 20.56, I hate to say that, it was a hard decision to make, but I have to get off of margin. My margin strategy is what took me (along with over half of every salary check and copious credit card advances to cover margin calls) :) from an initial outlay of 2000$ 3 or 4 years ago to where I am today and it is hard to leave the power of leverage behind but the last year has taught me the value of defense and of "dry powder" to take advantage of opportunities as they arise. If for any unforseen reason AMD should take off from here I will still be relatively satisfied with this decision. It's just time to leave the remnants of my former all or nothing strategy behind. Besides I still have the other half (I only sold enough to cover margin and I was at 51%) Epinephrine PS: I am sure most of you couldn't care less but I just need to vent a little to people who might understand what I am saying. It's been a long few years :)

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