Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: chowder who wrote (64704)	4/15/2000 5:48:00 PM
From: jim_p	of 95453

The posts on margin debt are very convincing. I've only been doing this for a year now and have used margin to the max. I started last April and have increased margin debt as the profits have increased. All in all it was a great year with over a 500% return on my original investment. I would hate to lose all that I've made over the last year. There have been some good posts on the use of margin debt. I plan to reduce margin debt to 25% until the markets stabilize and show a convincing bottom. Thanks for the good advise. Jim

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