Richard,
I am very much opposed to the implementation of margin. I have had a very bad expierence with margin a couple of years ago with the pruchase of 500 shares of Micron technology. The stock price collapsed in September and I suffered a considerable setback of a few thousand dollars. Forget about margin, puts, calls and any other strategy. If you want to gamble, go to Atlantic City or Vegas. If you want to make money in the stock market buy the big guns, forget about market corrections, timing the market, interest rates and day to day flucuations, Buy and hold for the long term. Warren Buffett and Ann Scheiber are two examples of successful investors. Everything else is a spin of the wheel, it is all Bulls**t. Think about it, believe me, I have seen it from every size and angle. Read my earlier thread on the true secret to investing in the stock market, Good luck to you and hope you enjoy profitable investing,
Frank Morris |
