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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (20352)2/28/2000 7:53:00 PM
From: Jorj X Mckie  Read Replies (6) | Respond to of 63513
 
Well, I was borrowing against the house, sold both cars and hocked my wife's wedding ring to buy more stocks today and there was a glitch at my brokerage that allowed me to go to 90% margin...woohoo buying opportunity of the century!!!!! Yeehaa!!!!! We are all going to be rich!!! Naz is going to 6000 in less than 30 days!!!!

Or maybe not.

Have you really known anyone to borrow against their house or credit card to buy stocks? I hear stories, but I have never actually had first hand knowledge of anyone doing this.