Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (63744)	4/4/2000 12:31:00 PM
From: CommanderCricket	Read Replies (2) \| Respond to of 95453

What a kick... Sold 1/2 my position in UPR for OEI. Ocean Energy is on sale at $13 1/4. My APC buys yesterday were a slam dunk. It took an hour to conduct 2 trades on TD Waterhouse. Jeez, I'd ahte to have to sell quickly... Any idea on the API numbers? Regards,

To: Think4Yourself who wrote (63744)	4/4/2000 2:55:00 PM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 95453

MARGIN ! - ahhh yes; the double edged sword ~ marc c; I wonder how many listened ? Not a bad time to have some powder dry... Postal; knock - knock... doors open. Obviously some market wide trauma out there today. I am happy to have had all my margin to use here. I even sold all my RRC - sorry, Razor - couldn't pass up the ability to take the cash and leverage it in today's fire sale. I think I wore out my keyboard - had speaker phone on, DLJ via web site & aol link, Datek phone & online going - some working, some not.... damn; felt like a F-15 fighter pilot in a dogfight. I'll try to contain my giddiness at being able to buy into the blow off as obviously those who have been trumpeting being fully margined here; got decimated... If I can convey one lesson & only one; margin is for quick leveraged TRADES - NOT for buying & holding ! - and if you don't use tight stops - well; I guess you will from now on... Unfortunately, a few people learned the hard way today. But; for those who were able to buy - I loaded BSNX - love this one now as my fav' play on NG at today's sub $12 gift. Bought mainly only my core OSX holdings FLC RIG PGO HAL - couple of small caps, missed KEG, but this is a daytrader leveraged stock with a huge run up - I think I may be able to buy KEG, FGH and some stocks cheaper yet from margin call liquidation yet to come - if not; I stuck with my core players.... Oh, by the way Sarge; I thought I did a pretty damn good job calling a technical buy at $6 1/8ths, but then thought I sold my leveraged move too soon, getting stopped out in the high $7's - kept just 10% of my $6 1/8ths shares. But, lo & behold - look what today brought (VBG) ~ - actually; I am playing the "bounce" only here; as I am not so sure that JL is going to have much to say other than the $40 M in orders allready announced and when the analysts get to see the accounting; I'm not so sure there is much of a risk vs. reward play to holding here - I'll sell today's buys into the strength right up to JL's "CC". I'll look to see how the market reacts from there... don't get caught in yet another whipsaw Freideholics !