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Technology Stocks : America On-Line (AOL)

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To: DepyDog who wrote (11013)4/16/1999 6:03:00 PM
From: RocketMan  Read Replies (3) of 41369
 
OK, Dep, go for the happy dance, but try to moderate it :-) Two ways you can lose money in a stock: (1) to get too fearful and sell too quickly, and (2) to have "total faith" in any company, even AOL, and get blind to changes in fundamentals.

Margin is a great way to leverage on the way up, but it can really hurt on the way down. I don't like to give advice, but in my own margin account, I try to keep it above 66%. I think this week it got to around that level.
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