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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (62623)	8/31/1998 5:05:00 PM
From: SecularBull	Read Replies (1) \| Respond to of 176387

If you expected it to drop, you would sell and buy back later, unless of course, your taxes on gains were high enough to justify holding the asset through the peaks and valleys. LoD

To: Lee who wrote (62623)	8/31/1998 5:18:00 PM
From: freeus	Read Replies (2) \| Respond to of 176387

re selling and buying back when on margin. Of course looking back that is what I "should" have done. But you have to realize I'm very long on Dell and did not expect it to ever get down to levels where my margin would be in danger. So rather than pay the income taxes due on gains I was just going to hold until I had a ton of money (a year or two) and then sell enough to get out of margin (only). But it didnt work out that way. Next time I will margin and get out when I have a 20% profit and wait for a dip. Its obvious to me now that this is a rollar coaster market and there will always be dips. I could be buying so much more Dell now at these prices (though I think I'd wait to be sure it wasnt over at this point, myself). Freeus