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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (13199)12/13/1997 2:26:00 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
<<The little guy isn't getting crushed, only the scared little guys.>>

And the margined little guys who bought high. Buying on margin at today's prices is safe. Buying on margin at the prices of mid-1996 to very early 1997 was OK too. Being a momentum player, and not paying attention to where a stock is in its PE range, and buying on margin, will sooner or later be fatal.