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 (63868)	4/5/2000 1:17:00 PM
From: Wowzer	Respond to of 95453

MRO ouch talk about bad timing. Someone trying to unload a 50K block no takers yet.... Edit someone bought it at 24 and 23 7/8. Took a very short term position at 24 1/16...

To: Think4Yourself who wrote (63868)	4/5/2000 1:29:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

re: margin & buying leverage - "Q" what I am doing here... Is to enter margin slowly, but will max out at 50% maintenace leverage - that's plenty; it allows me to ride out a crash like yesterday if seen. At 50% maintentace I can miss by 20% a bottom call on my buying an not be "called" - and yet have some buying power left on a 10% miss to pick up something else... I generally have used margin to ease into blow offs; and I will take profits on the pops as well going back to perhaps 75% maintenace in riding out a move - keeping lots of buying/trading power availble to trade opportunities as they develop. One thing that I like by not maxing out, is to be able to seize really great buying opps like we saw on BHI, or HAL's incredible one day blow offs of the past etc. Here I jumped on sub $12 BSNX as a real nice opp on the blow off yesterday... It works for me...