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To: LK2 who wrote (17637)12/3/1998 8:15:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
a day to be careful and pick your entries with precise caution

the last few weeks have been as good as it gets in this business to make serious money; the easy profits may be over for now; be protective of all those hard earned gains; preserve capital

futures were lock limit down earlier, right now are dead flat
(oops, just went plus .30)

will be an interesting and volitle day

if DOW breaks the 8900-8950 level, back off and take a break

Larry K
re: your comment on margin and the internut stocks
if anyone has to worry about maintaining margin requirements on ANY stock, let alone these, they are risking the farm; if they lose frankly they deserve it
margin is fine if used to increase buying power for carefully selected day trades; nothing more

if anyone wants to get taken out of this game and become a greeter at WalMart; just go 100% margin; it will not take long