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To: SliderOnTheBlack who wrote (64681)4/15/2000 12:48:00 PM
From: Winkman777  Respond to of 95453
 
It seems that this somber Saturday is bringing out the best in several of us. Sarge, I agree, that that was an excellent and touching post.

Slider, your recent posts have not only been educational, but also show us that you too have learned some important lessons on your journey.

Fortunate are those of us who learn quickly what life is trying to teach us. I have too often needed to be knocked down several times in order to get the message.

Delightful story Diana. You do indeed have the class and charm that BigDog speaks of.

BigBull, it took a lot of guts to tell us you were going to 70% cash. If I hadn't seen your post, I might not have admitted to going to 50% cash on Wednesday.

I am also a member of the "thrifty" clan, and am proud of it. Got to get to the post office to send Uncle Sam his share.

Take care all. Winkman



To: SliderOnTheBlack who wrote (64681)4/15/2000 4:39:00 PM
From: chowder  Read Replies (1) | Respond to of 95453
 
Hello Slider! Nice post about margin. Like you I have more then one account, but with a little different twist. My core account is strictly a "cash" account. I don't want the temptation of margining my core holdings.

My trading account is a margin account, and I've been about 75% margined through this downfall without having a margin call. (Knocking on wood.) I have my margin account set up where a deposit is made into this account every month, whether it needs to be or not.

I have set my margin account up as any other bill, (mortgage, utility, phone, etc.), a payment goes in every single month. It's great insurance for those times like now.

Thanks for your insights!

dabum

EDIT: Slider we posted at the same time. I was referring to the use of margin, regarding Sarge's post. Fool caps? We need oilpatch caps!