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To: HG who wrote (99181)4/5/2000 9:30:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I was just kidding with your name in it Glenn....you did explain to me what happened.....

HG,

Not a problem. I am just a bit sensitive about that specific occurance

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....


I agree but I believe there are a lot of people still doing it.

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)......!!!!


This may sound like double talk but I am not sure if margin is really margin if there is adequate cash in another account to cover a call. For example, my equity account is about 3% on margin but I could place cash in there if need be. Is that margin??