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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: JLS who wrote (23080)	4/1/2000 1:10:00 PM
From: BigWave Dave	Respond to of 57584

Just had to jump in here, margin and light: Margin: OUCH! Used in a state of greed, will blind you and rob you. End of January, lost 83% of my trade, and half of my stake on a full margin buy at 36, sold at 19 3/4. Wake up call time. And after having a large share of the same stock at 11 (sold at 12), how I managed to lose so much on CNQR was truly an eye opener. The light: Feeling much better having 350% return since that drop. 10 of my last 15 trades have been in LPTHA!! I'm still terrified when I'm NOT holding overnight. Friday buy at 39 1/2 has been good so far........... Dave "LPTHA-trader"