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mortgage1

10/07/08 5:59 PM

#2459 RE: ORCA #2458

Yeah, and not just Ameritrade either. I haven't been on margin for quite some time either Taki...better strategy in for really good times. Now? Too risky for me...and I play pinks!! lol!
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al44

10/07/08 6:40 PM

#2460 RE: ORCA #2458

TAKI- I've been advocating no margin for years to anyone willing to listen. It fell mostly on deaf ears. No margin, no debt, and holding gold and silver will help you survive if not beat the coming meltdown. And be prepared to defend it. All the dollars in the world being thrown at the "problem" will not help if there is no confidence in the dollar anymore. This is only the beginning. Over $500 trillion in derivatives to unwind.

........al