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To: tinkershaw who wrote (34150)11/1/2000 10:36:25 AM
From: Uncle Frank  Read Replies (2) | Respond to of 54805
 
>> So if you use margin know what your doing and do not be cocky.

I swear, you should use one of those warning thingies as a header for all of your posts, Tinker <gg>. Here you are fully leveraged, scurrying to deposit cash and selling portions of your rbak and rmbs positions at the bottom just to avoid a margin call, and you advise people not to be cocky. What's wrong with this picture?

Use of margin represents a huge and unnecessary risk, particularly at the levels you are employing. I've personally witnessed it destroy too many of my friends' portfolios and dreams to let your testimony slide by. You might as well have advised,

If you drive when you're drunk, be sure you know what you're doing and don't be cocky.


I'll send your get well card to the hospital, Tinker, provided you survive the surgery.

uf