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: marc chatman who wrote (15309)	3/18/1998 1:34:00 PM
From: waverider	Read Replies (1) of 95453

130%? Don't know about others, but for me that means you have gone into margin 30% over your cash equity investment (Ex: $100,000 you own, $30,000 more on margin). I just went 130% invested myself this morning with more NE, FGII, and some FGII May calls. That's my personal limit for leverage. Things sure are lookin' up, Boys and Girls. Thanks to all who spit into the eye of hell last night. The devil has seen our force and knows we are here to stay...$10 oil or not (and we know NOT!). Thean, you're on the invitation list...never fear. Anybody got the connections out there to get on a rig for our party next year? Diamond H

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