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To: Boplicity who wrote (57439)12/29/1999 10:33:00 AM
From: RocketMan  Read Replies (2) | Respond to of 152472
 
Bet you weren't at 60% going into Oct 98 and not get a margin call.



To: Boplicity who wrote (57439)12/29/1999 10:54:00 AM
From: Dealer  Read Replies (2) | Respond to of 152472
 
Thanks Greg. I appreciate that. I usually feel safe with 50 but I'll stretch to 60% if you say so.

Happy New Year!!
dealer



To: Boplicity who wrote (57439)12/29/1999 11:07:00 AM
From: Jean M. Gauthier  Read Replies (2) | Respond to of 152472
 
Hi greg.

what do you mean by "60% or higher"

If you have 10,000 , what is being at 60% or higher..

16,000 or less ?

Take care
Jean



To: Boplicity who wrote (57439)12/29/1999 11:14:00 AM
From: R. Ramesh  Read Replies (1) | Respond to of 152472
 
Just keep your margin at 60% or higher. I have been on margin for many many years, never once had
a cal

You meant equity above 60%, I hope <G>

BTW, if you get margin calls at 30% equity then 60% equity gives
you a protection of about 42% decline in price.

Ramesh


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