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Traderfan

11/24/10 10:34 AM

#60303 RE: derek2000 #60302

Yes that's extremely brave to go with 0% cash right now. I admire people who have the guts for this, I'm certainly not one of them.
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rru2s

11/24/10 11:05 AM

#60319 RE: derek2000 #60302

I'm worse than he is, I'm still 10 percent margin and 10 percent home equity loan. But my big positions are all in oil/coal which is likely to hold a solid floor this winter. 8 small positions are in stocks with PE ranging 3-5 and I'm still 10-20 percent green in most of them, so I'm not too worried longer term.

But I agree, short term it would be easier to sleep on a mattress stuffed with cash, for sure.