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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Id who wrote (22964)	4/17/2000 8:35:00 PM
From: freeus	Read Replies (1) \| Respond to of 54805

Well then next year, and every year after that, I'm Vegassing with you all. You'll have to teach me the table and card stuff, all I've ever used is the slot machines. I want to be SURE to get it all out of my system. And of course, tomorrow everything will probably go down and it won't matter...except it does matter because I locked stuff in by selling. Of course now I have no margin debt so my checks to the IRS and FTB (Ca state tax) will definitely not bounce. But next Oct, when I decide we are truly in an upswing, I will margin again like crazy. Incidentally I still have quite a few Qcom leaps, so if I wanted half of those shares back enough I could exercise at 80, and of course I'm buying the other 500 at 155 in three more days. Good luck all, we need it, especially me, the nut! Freeus

To: Dr. Id who wrote (22964)	4/18/2000 9:55:00 AM
From: TigerPaw	Respond to of 54805

it's too close to gambling What I have found that works for me is to keep the bulk of my portfolio in one account, and a smaller online position with IRA money in a cheap brokerage ( I only keep 50-100K in the online, the rest of retirement is in other IRAs or plans). That way I can trade and play and get that excitement but it is all bracketed by the amount in the account. I can't get into too much trouble because of IRA rules and the fact that it's not so big an account that they grant me any special privledges. (In my main account is always, "sure thing, what ever you want to do". I could trade, short, margin, option, or write checks for boliva and they approve everything until the money dries up). It's better to just leave that account alone, maybe adjust it twice a year and then frolic in the IRA . (I also do my personal finances the same way, I put a regular deposit in an account that has ATM machines all over town and I spend that money till the ATM quits spitting it out and then stop!). It's not always easy to think rationally in volitile times, and having some structural barriers makes you think twice. TP