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


To: Seeker of Truth who wrote (32870)10/6/2000 2:28:33 AM
From: Dr. Id  Read Replies (2) | Respond to of 54805
 
Malcolm,

Again I respectfully disagree. How can you know what my psychological state is when using margin vs. using cash? In fact, I don't think of it any differently. Perhaps you would, and that may be why using a judicious amount of margin would not be a good strategy for you. Believe me, margin does not create any "irrational exuberance" because it's borrowed money! I am always aware that I will have to pay back the original loan at some point. (I do suffer from rational exuberance once in a while though, and irrational uberance).


Margin has worked well for me as I have enough discipline to not get myself into trouble. I would agree that one who lacks discipline and doesn't have a sound strategy should stay away from margin. For others, it can be a good investment tool.

Dr.Id@canIborrowsomemoney?com



To: Seeker of Truth who wrote (32870)10/6/2000 1:51:22 PM
From: y2kate  Read Replies (3) | Respond to of 54805
 
I must take these admonitions to heart. I'm a margin debt sinner, no doubt. Fortunately my recent purchases are holding up pretty well- NTAP looks really strong today. Qcom giving back some. Are there any reformed margin abusers out there- how did you kick it? (Just do it?)

-K.