SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Reuben who wrote (47339)1/27/2001 4:15:29 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Paul

I remember watching the Frontline special awhile back on the LTC thing.. pretty mind boggling how that thing was run. A few people gave them some money to play with and they went nuts. No system lasts forever!

Anyway I have been going into margin big time for the first time in about 15 years. I only get in this far when the bargains scream the loudest! I confine margin to a maximum of 25% of my investment assets and pretty much only use them when opportunities like this come around. The big trick is not to get greedy. A year ago January I was totally out of margin and talked a few other friends to get out of it too. We have been working back into it about a week before Xmas.

I've got a few more stocks to buy before Tuesday. If we do get the 50 basis cut Wednesday we are off to the races in the next cycle.

JMHO

regards,

Eric