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To: Glenn D. Rudolph who wrote (99167)4/5/2000 9:26:00 PM
From: HG  Read Replies (1) | Respond to of 164684
 
I was just kidding with your name in it Glenn....you did explain to me what happened.....

What I meant was that once upon a time people betted heavily and weren't afraid to go on margin for their convictions (and believe me you are not the only one I know who had a position which went on margin - long *or* short), but the volatility taught everyone not to bet the farm on the margin, or even to quickly change position when the margin got too big....

Even I used to take a lot of margin, but learnt the lesson...(except this once where I got trapped nice and good - talk about my awful luck)......!!!!