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To: Chuzzlewit who wrote (112279)3/25/1999 2:29:00 PM
From: edamo  Read Replies (1) | Respond to of 176387
 
chuzz...we agree to disagree...no problem

you stick to convention and analyze a single point in time..as i have stated, the cumulative effect is the dynamic...sort of like compound interest...or perhaps dividend reinvestment..don't over analyze...constant cash in with same exposure equates to more cash available for purchasing without adding to the liability..

the first position as analyzed looks not so beneficial..but the second,third,fourth becomes additive...no margin, no additional out of pocket cash....

i not only side step or reverse the margin interest...but have no outstanding margin debt...major difference!!!!

chuzz...let's say i want to buy your car...so how much...you say $1000...sure like to buy it mr chuzz, but i've got my money tied up...maybe next year...you say okay, i'll hold it for you and i'll even give you $300 to subsidize your purchase of this fine auto......thanks mr chuzz...come next year the same story...and in a little over three years, i've bought your car with your money, and i could care less if it still runs...for i took your money, invested it and have something for nothing...and in the interim if you force me to buy it...i've got what i wanted at a discount...and maybe scam some other seller....ad infinitum

touche...come at me with a clear head...