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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: Mary Baker who wrote (6154)	7/3/1999 10:36:00 AM
From: ChopChop99	Read Replies (2) \| Respond to of 16809

Margin allows you to buy stocks on credit... That's a simplistic explanation, but Wit explains it pretty nicely at this link: witcapital.com You also must have a margin account if you want to short stocks. To be honest, I've never done much margin buying. The leverage is great, but I've also heard people cry the blues when the stocks they bought on margin drop instead of rise, and the dreaded margin call comes in. And I've never shorted a stock in my life. Chop