Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Ng who wrote (89341)	10/3/1999 2:04:00 PM
From: Paul Engel	Respond to of 186894

Gary - Re: '. I remembered I saw a guy kept on double his bet every time he lost. Didn't have the time to see if he won at last." Las Vegas instituted long ago the "House Limit" to stop this kind of "doubling up" trick. Borkerage firms and the SEC have a similar spin called the maximum margin per centage. Unless you have UNLIMITED CASH, you can't get away with the "doubling up" trick - especially as that cash level is coming DOWN FAST with every loss. Just ask Fleckenstein. Paul