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To: SliderOnTheBlack who wrote (67313)5/30/2000 12:00:00 PM
From: diana g  Read Replies (1) | Respond to of 95453
 
Margin Users' Mental State In Question?

Slider, you wrote---
"...Absolutely insanity to be on margin going into the Fed & OPEC meeting - ..."

What I want to know is---
---If you think it's a bad idea to be using margin at this point,
Why haven't you said anything about it until now???

regards,
diana



To: SliderOnTheBlack who wrote (67313)5/31/2000 7:19:00 AM
From: chowder  Read Replies (1) | Respond to of 95453
 
Hello Slider!

Count me as one person who appreciates the effort you've put into your many posts. Like you, my background is insurance and financial sales. I have over 20 years experience in this field.

One of the benefits I've received from this experience is having the knack to focus on the message as opposed to the messenger.

Your message about margin use, at this point, at this particular time, is coming in loud and clear as far as I'm concerned. Although I haven't totally liquidated positions, I have cut back and taken some very decent profits. I agree with your risk vs reward scenario pre-hate hike, pre-OPEC and quite possibly pre-tech melting down even further. I don't see a reason to turn calculated risk investments into speculation and gambling for the sake of a few extra percentage points.

This war will rage on. This warrior is taking time to re-supply, re-energize and renew his objectives for the post rate hike and post OPEC announcement. You can't fight a battle without ammunition (cash) and supplies (margin).

Thanks again for your very fine efforts.

dabum