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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (40483)	6/3/1999 9:56:00 PM
From: James F. Hopkins	Respond to of 94695

MSB; I understand, and stayed that way for the longest, & it's best until you get comfortable with fast trading. I only use it in a limited way..more often than not I'm out of margin before the close. One thing about it; is on a fast day trade your not even paying the rates. For me it leaves more money in the Money Market drawing interest than it cost to use the margin. If I'm out of a trade before settelment the Money Market is not tapped. It's not like I'm long and on any margin I can't unwind in a heart beat. I had one call notice but had cleared the trade before it was post marked . <G> Some days if I get to Mo Mo supthin I go to the limit on margin, ( once the first half is above water )..I don't swing into margin at the get go..once on margin I'm also fast to sell ( at least that part.) I'm no expert on it so I'm still careful. Jim