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To: RocketMan who wrote (15570)5/7/1999 12:30:00 PM
From: freeus  Respond to of 41369
 
reout of margin this morning
Congratulations!!!!
Now you can relax and just sigh (without any real angst) at the dips and still rejoice at the mountain highs.
I dont want to get out of margin....it would mean selling some DELL or CMGI or AOL.
I did however sell my (50) shares of ATHM this a.m. when it went back to 160. Not what I wanted to do (I wanted to wait for the split) but oh well still had a nice 28% gain in 3 months.
I had the indications of a very small margin call last night: hope this minor move removed it....it will if the market stays flat.
Freeus



To: RocketMan who wrote (15570)5/7/1999 7:16:00 PM
From: gc  Respond to of 41369
 
Each one may have different strategy...I usually use margin at a deep correction like this and get out of it when the correction is over. I am now in heavy margin. The risk is minimal, I believe. We are near the bottom.

gc