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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: russet who wrote (4161)7/23/1999 2:53:00 PM
From: VAUGHN   of 7235
 
Hello Russett

Fascinating stuff. Had no idea Ed had started that thread. I will have to surf by from time to time.

I guess you might say that I have been arguing on behalf or the momentum types in harping on management for not pursuing Yamba exploration and its story.

Their value approach has certainly put everyone to sleep.

On the momentum style, I can't help but wonder how easily one loser after a series of minor winners, might wipe out the profits of someone who invests that way?

The moral issue aside, I would think you would have to have tremendous nerves and be constantly glued to the monitor. It's like sitting at a one armed bandit every working day for years. I think I would lose discipline or concentration for a minute and get burned. I am not sure it's for me.
Terrific post Russett, thank you.

Regards
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