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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (16015)	5/27/2023 1:07:18 PM
From: Kirk ©	3 Recommendations Recommended By #Breeze Return to Sender robert b furman Respond to of 26779

Thanks. It is amazing what leverage does for stocks that are ALREADY very volatile! Just don't be caught on the wrong side of the move... the bad news bears are bleeding buckets this holiday weekend. FWIW, one of the big reasons I started buying semiconductor and their capital equipment stocks back in the early 1990s was they were like options that don't expire. That is if you are on the wrong side of a move, you can hold for the next cycle... Then I got good at windsurfing and added the idea of taking the energy from the waves for added returns where the peaks and valleys are not as important as catching a ride. And the biggest losers I've observed are those who use margin to buy the stocks and then get wiped out... hubris and greed as there is plenty of money to be made without margin. Adding margin to leverage can make ya poorer even faster.