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To: Think4Yourself who wrote (60089)2/10/2000 12:25:00 PM
From: jim_p  Read Replies (1) | Respond to of 95453
 
Smart move. I have made up 85% of yesterdays losses, which was a record loss day for me.

I have profits in most of the stocks I hold, which are at incredible prices, and I intent to stay at 100% margin at these prices.

2000 is going to me a great year. I started playing the OSX and XNG stocks in April, and am up over 100% for the last nine months. In hind sight, I do wish I had sold everything I owned on September 13th of last year.

The normal safe months to play these stocks seems to be March through August. It used to be March through September, but somehow the date gets moved up each year.

I don't care if oil is $50.00 and I have to wait a hour to buy gas in August, I plan to sell all my oil and gas stocks at the end of August this year.

Jim

PS: Soon it will be time to buy USPIX and zero coupon 30 bonds.



To: Think4Yourself who wrote (60089)2/10/2000 12:29:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<I slept surprisingly well last night, considering I maxed out my margin yesterday. >

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<<To: JimL who wrote (60022)
From: John Q Public Wednesday, Feb 9, 2000 2:03 PM ET
Reply # of 60094

Yes. I am at 50% and am now selling non-core holdings to buy more XTO. Sold my HRC half an hour ago. Prefer to keep the 20% margin margin just in case. Haven't had a margin call since last fall, and don't care to have one again.>>
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I rest my case on the foxhole comments (VBG).

...hmmmmmm - evidently you did one hell of a lot of buying the last hour of the market ? (from 50% cash to max margin ? - of course, no one is doubting you (VBG). But, out of curiosity; just what lesson did you then learn about margin from last year, given your actions in the last hour of trading ? I'm confused...?

I don't quite jive your "sleeping well" comments with your prior margin lessons ? I would think that - you may sleep well tonight "if" you maxed out on margin yesterday; but the only way anyone with any sense (no offense) slept well last night "if" they max'd margined, was being medicated (VBG) - unless they are Art Schlichter and can't sleep without the "juice" - not knowing untill the next day if their "coin toss" panned out... C'Mon "Q" ?

So what are you max margined on here ? - "all" XTO ?