SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SL2 who wrote (6383)2/16/2000 7:02:00 PM
From: Guy Gordon  Read Replies (3) of 24042
 
RE "I use margin, but I have very specific rules for when and how."

Care to share them?

I use margin sparingly. I'm a long-term bull, but I don't carry long-term debt. When the market is looking particularly strong, and one of my sectors of interest is the current market darling, I'll go on margin for up to a month.

I'll usually use margin to buy one or two stocks more than I could normally afford. Since I try to own just 10 stocks, that means 10 to 20% margin.

Once you are on margin, all of your stocks are on margin -- not just the last one you bought. As the market tops out I look at how to get off margin by selling my weakest stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext