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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (12855)10/2/2000 5:13:18 PM
From: TigerPaw  Respond to of 24042
 
Did you just get off of margin
I have a little margin debt in one account (Less than the cash amount in another account), and have used margin reserves to sell naked puts in some stocks. I think there is a reasonable chance that there could be a total collapse in the market in the next two weeks (similar to Oct 1987 or something). For that reason I am waiting till either that happens or we get past the Oct options expirations before I would venture further into debt. The market looks scary now, but it's not yet terrifying.
TP