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To: Percival 917 who wrote (11448)4/6/2000 9:50:00 PM
From: Voltaire  Read Replies (1) | Respond to of 35685
 
Hi Joel,

as you know, I have about 17 accounts and got margin calls on 15 of them last week because the assh--- broker raised the margin requirements. Absolutely no problem, as a matter of fact, almost laughable, took care of the margin and told them to match my extra money and bought more. Market recovering and will simply gradually buy them back.

Agree however that most people do not understand this and should not use TOO much.

V



To: Percival 917 who wrote (11448)4/7/2000 1:39:00 AM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 35685
 
Thanks Joel. I still beleive in margin. I guess I have to still leave a little wiggle room, and also learn to make myself more aware of the bigger picture. Such as being aware that it was the end of the quarter and MM have to do what they need to do for their window dressings. I also have to see how the talking heads are shifting in their sentements. I remember that when NAZ broke 5000, it proceeded to drop 100 some odd points for no other reason then the fact that the naz did reach 5000.

Yup, were in the process of rebuilding.

Thanks for your concern and sentiments.
David