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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (43151)3/15/2000 1:20:00 PM
From: dennis michael patterson  Respond to of 99985
 
tech is rallying. if this fails, watch out below. My faves are getting bought!



To: Les H who wrote (43151)3/15/2000 1:22:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Les:

That's because it's cheap, and Buffett isn't a has been. I margined my arse off (not something I EVER do) from $48K all the way to $43600. I had so much leverage employed there near the bottom, that I thought I might get in trouble.

edit: Luckily in our IRAs, I sold the Bs at $1854 in December, bought HCN with ALL the money, sold HCN last week for breakeven including the dividend received, and rebought all the Bs + a bunch more at $1404.