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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (29227)9/28/1998 4:50:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
tippet,

I would never borrow to speculate. Scared money almost always loses. You may be right, 1/2 point may be interpreted as real trouble ahead. Who knows, and AG hasn't phoned me about it, so.....oh, and besides, the market might even rally, who really knows, and I haven't touched a drink.

Just make sure the parachute buckles work. Just when the markets are looking for some clear skies overhead, this rally could get torpedoed, although a nice sell off would be healthy.

GZ



To: yard_man who wrote (29227)9/28/1998 6:49:00 PM
From: set  Respond to of 94695
 
> Wish I could borrow at 10 or 15:1 and only risk
> the loss of my capital!

right. You can formally go bankrupt while all they really
have to do is say 'oops' and step aside.

In politics, if you're going to lie you better make it a big
one; so in finance if you're going to lose you better make
it ugly. In both cases your relative security increases with
the number of people invested in what you're doing.

Shahar


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