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LemonHead

08/22/02 11:41 PM

#4874 RE: Toofuzzy #4873

TooFuzzey, It was like having all your friends at the restrarant and the waiter "publically" says your credit card is not good. You push him to the side and say "Hey, couldn't you be a little more discrete about this, "ASS HOLE"!.

Well I was over 100,000 on margin and my wife answer's the phone for a $1600 dollar call, shook her up! The market moves fixed that daily, but this guy had to show some authority!!!

Bottom line, yes it was the top and I was playing "Master Baiter", shame on me, I'm not a pro!!! I fell back to AIM in a hurry...

Keith

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Rien

08/23/02 8:19 AM

#4878 RE: Toofuzzy #4873

By small I mean very small. If I get a margin call the world will be coming to an end!

Not necessarily, my broker recently changed his margin rules. Some large position stocks I had were suddenly not marginable anymore. Since I don't have many BIG names in my portfolio, my marginable amount dropped to almost zero overnight!.
Luckily I did not use margin at the time!



Best,
Rien.