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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (2625)11/1/2001 7:57:49 PM
From: orkrious  Respond to of 99280
 
learn above all things, that he is seldom 100% invested, he is broadly diversified, and he is never leveraged (margined).

Thanks everyone for your concern. I do have too big a position, and I gave back 1/3 of last month's trading profits today (at mark to market). But I'm not margined. I'm just pissed at myself. I will ride this out. The last time I bailed on a position like this was August 1. I had been carrying a position for a couple of days when SSB upgraded the sector. I bailed at the open and lost a fortune. I got out at the high. I spent the rest of the month making it up.

Jay