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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: IceShark who wrote (56720)4/20/1999 2:45:00 PM
From: Freedom Fighter  Respond to of 132070
 
Ice,

>Try back testing that theory with AMZN, Wayne. Sounds good until you toss in looney players. -g-<<

I guess you're right. Amazon has been on a year long parabolic <g>



To: IceShark who wrote (56720)4/20/1999 2:50:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 132070
 
Here's some great advice on how to deal with a margin call:

"In this situation don't respond (IMO) to the margin call UNTIL the
last minute. The brokerage or clearing house will give you three days to come up with the cash to cover or else sell securities. In this internet selloff case, the rebound back will probably put you safely into green territory, and soon.

This advice is also a case of "been there, done that.
"

#reply-9033026

Barb



To: IceShark who wrote (56720)4/20/1999 5:31:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Ice, But situations like Amazon is why I diversify and use 90/10. For every Amazon, there are 2 Compaqs and Lillys. And, as a put buyer, it doesn't matter to me if the stock never hits my strike or if it triples. I lose 100% in either case. So, I take the volatility out of the losers and put it on steroids with the winners.