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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (74720)	3/16/2002 7:58:28 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Elmer: "First let's keep in mind that most brokerage houses give you 3 or so days to settle a trade and you bought on Wednesday right? So you might have had the rest of the week to settle the trade." I can only speak for the brokerages that I deal with and neither allow an options trade unless the cash or margin is already in the account...and furthermore settlement is one day...Don't know who you deal with but your "most" equals "zero" in my dealings... "Now why would you have to sell some of your long calls if you have cash or margin to cover it?" As explained, my Jan 20 calls are where my FY02 profits go...The $2000 loss means my profit is no longer equivalent to the value of 100 Jan 20 calls -$2000 or approx. 90 Jan 20 calls... "I was offering you advice out of compassion and concern. I had only your best interests in mind..." Sorry Elmer, I'd give almost anyone the benefit of the doubt here, but not you on this one...Review your posts since Wednesday if you can't understand why!!! Your posts clearly indicate that you revel in others misfortune...Not a nice quality, imo!!! Those close to you probably require your compassion and concern much more than do I...