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


To: Lee who wrote (62652)9/1/1998 1:29:00 AM
From: freeus  Read Replies (1) | Respond to of 176387
 
re margin account:
Lee you are absolutely right. Actually, aside from Dell I have had big gains in my margin account(s) that I did not take and they have evaporated. That in itself would have saved my margin structure. I will be more disciplined in the future, have been too lax with a risky investment.
Covered calls (selling) I am discovering would have helped me too. Datek doesnt do those yet unfortunately (they keep promising but...) and Fido hasnt approved me for them yet, silly really because there is no risk to the broker on covered calls.
Best wishes,
Hang on, there will be more rollar coaster for a while yet.
Freeus



To: Lee who wrote (62652)9/1/1998 1:57:00 AM
From: steve barneke  Respond to of 176387
 
i had a margin since may. bought dell and had 55% margin account but i knew it was not a long term project as lod said to me last month.
so i sold some around 122 to clear some but not all of my margin.
so now ill see what is left for my margin buying in the morning, cause etrade has to figure that out around midnight, and see if i should buy in tonite or wait for the dip if there is one, or will it go lower???????? so many thoughts, not enough money, maybe if i eat a bunch of donuts ill feel good no matter what i do
remember kemble said 102 was a good price to buy into and that was last month!!!