I know i am over emphasizing in buying long on stocks right now. But remember your investment strategy might not be same as me. For one, I invest periodically at least buy 1 lot once a month regardless how market is doing, so I catch some lows and some highs. Hopefully the lows for that period of month within the companies of my circle of competence(which is fairly small but growing). Anyway, with all the limit orders i have right now, some will put me over in margin. I am planning on selling MT to cover some of margins and rest will have to wait for my monthly in flows. Possibly, I might be in margin for a month or two, for I do not plan to sell any my stocks, other than MT, until markets head back up. Also, this is my first time buying in margin, a major reason is for testing the water, familiarize with the process. I am not planning on margin trading at all. This is one of those “try everything once” type of deal.
Anyway, make sure you not buying what you cannot afford to lose, or be willing to hold for a year or two. Just because I am having a shopping spry, make sure it is reasonable for your personal finance.