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To: JBird77777 who wrote (99042)	2/14/1999 11:02:00 AM
From: Voltaire	Respond to of 176387

JBird77777, Yes and people must realize this is first and foremost a defensive strategy. YOU KNOW THE ALTERNATIVE SUCKS! Now, it can be turned into an aggressive strategy with a little thought. The main thing is to ride out a storm and buy time. That is why fear of MARGIN is a fallacy! good post, Voltaire

To: JBird77777 who wrote (99042)	2/14/1999 12:02:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 176387

JBird77777, I am absolutely amazed how many seasoned investors live in fear of MARGIN. Margin is without a doubt the greatest wealth building tool an investor can use. THE KEY IS - QUALITY, QUALITY, QUALITY! One of my first post on SI was the statement that an investor should only buy stocks that he or she would be happy seeing decline so they can pick up more. Now let us take a closer look at a another case of margin that is for more dangerous and every swinging D--- does it without a second thought except Monsieur Voltaire, MARRIAGE, MARRIAGE, MARRIAGE! Monsieur Voltaire put his money were his mouth was and insisted on a Pre-Nupt. Like I say, these brilliant individuals who preach the insanity of going on margin think nothing of engaging in a game with greater odds against its success than a bet on Red or Black at a Roulette table in Vegas. In a fit of lust, they marry some Split Tail, Plop down $60,000 on a 30yr. $600,000 Mortgage (MARGIN, MARGIN,MARGIN) with a total pay out of $1.8 Million and payments of about $5,000 per mo. They rock along with this little Love Locked investment for a few years and in the mean time have picked up a few more shares on MARGIN called KIDS, hell this is worse than margin, these are like Puts and Calls, we don't know how the hell these are going to turn out. But so much for risk, I mean after all our little investors are happy as a pig in slop, they have everything an American Male could hope for, they have food in their belly, sex when the Split Tail decides she needs to throw in a little for security sake, and above all he has control of the most desired item of any American Male Margin Runner, THE DAME T.V. REMOTE. So this investor with a disdain for Margin is sailing along with this fantastic INVESTMENT when Mr. Statistic sticks its ugly head out of the damn sand and all of a sudden this Beautiful, Kind, Loving, Child Bearing stick with you for life SPLIT TAIL gives you the one thing you have always preached against, A God D---n MARGIN CALL -- DIVORCE, DIVORCE, DIVORCE! So, let us look at that NO MARGIN investment they made a few years ago. 1. That $600,000 home - GONE but unlike MARGIN you have to keep making payments for the lovely Split Tail. Margin, just sell the stock or Sell calls and stay in the game. 2. Remember the Puts and Calls called KIDS. Yep, get to see them when some judge dictates, and support them for life - cost- about $1 million a piece until adulthood. I guess they sort of look like Puts now don't they. Worse part - since in my opinion most men are weak and women are desperate, the poor bastards will turn around and do it again. Anybody know any of these MARGIN players. I do, and not only that, my son takes out margin March 15, of this year. From the porch just reading my pre-nupt, Selah, Voltaire