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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Cader who wrote (3303)	3/4/1998 4:30:00 PM
From: steve goldman	Read Replies (1) of 12617

10:1 margin? Anyone who considers this should simply consider going to Jimmy the bookie. He'll give you betterleverage on your cash, you might get a few bones broken, but hey, its 10:1. 10:1, means if you take a position and it gets knocked around 10 bucks, ie. you buy a ten dollar stock and it falls to 9, you are done. you're not out 10% , you lost 100%. Tommorrow will be ugly, exactly the kind of day that traders should love.....i say down 100ish at the open... Dell is down 5 after hours...thats not too bad, still up 3ish after todays 8. Coms down 2, nvls down 2. regards, Steve@yamner.com

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