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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (67051)5/25/2000 2:41:00 PM
From: jim_p  Respond to of 95453
 
Slider,

I can't speak for others, but I try to maintain 35-50% margin debt. It has been as high as 65% for a few days after a strong sell off last fall. I think I posted back then that I didn't sleep very well for a few nights. After a strong rally, I try to keep margin debt at 35% so as the rally consolidates I won't be to far off from 50%.

I also don't own any of the high fliers in the OSX and have a good select of laggards in both oil and gas and service, and keep 30-45% in oil and gas which are not as volatile.

I don't recommend it for anyone else, but it has made be a lot of money. VBG

Jim

PS We need your picks for the contest