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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (2965)1/21/1998 2:29:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 42834
 
re: Caution. Trading, especially on margin, without having a clue is a sure way to wave bye-bye to
your money. Hillary is the only successful example I can think of.

I don't/won't margin, did a few years ago and never got hurt real bad but got the idea I don't like the downside potential. I sold SNPX rather than give my broker the money to cover a margin call on CMAG I think, can't quite remember but ouch does that bring back bad memories, 1)broker(exactly what he made me), 2) CMAG, learning pain.
Anyway after I sold the SNPX(now BAY) of course it went way up. I learned mostly through lost opportunity rather than loss itself but I learned.

thank you for the help.

jim



To: Kirk © who wrote (2965)1/22/1998 11:43:00 AM
From: Diamond Jim  Read Replies (2) | Respond to of 42834
 
Message 3228371

What is a Diamond, mentioned in the above ? Maybe its MDY ?

thanks for your help.

jim