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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: freeus who wrote (4417)2/18/1999 2:58:00 PM
From: TigerPaw  Read Replies (1) of 17183
 
Freeus,
In order to protect myself from margin call disasters I have two accounts with my broker (actually several if you count custodian). I keep some unmargined stock in one account (in my case Dell) and the rest of the positions in the other account. I only use any margin in the main account. If, heaven forbid, I get into trouble in the main account I can transfer shares from the other account. It's kind of like an insurance policy since I can sometimes be busy for several days and not check the accounts. This way if a margin call happens I can take care of it quickly.
TP
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