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Gold/Mining/Energy : The Great Canadian Stock Contest (Q3)

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To: B. Thomson who wrote (447)9/26/1997 12:27:00 AM
From: Crocodile   of 496
 
Knowing when to fold them...

Bob,

Yes, just like in the song... it's all about knowing when to hold them or fold them... (-:

I am almost too ashamed to say how I decide when to sell... I employ a highly subjective combination of what I jokingly refer to as my "spider senses" and "Croc Logic". My decisions are based totally on very close observation of the trading patterns of a group of stocks that I either own or watch all of the time (i.e. who is buying/selling, and how much, etc...). In this market, I think I am inclined to sell a bit sooner than I might in another market... Lately, it seems that many stocks that get wings and move up quickly just end up returning to the roost in a few of days (EXCEPT for the ones that you picked for this contest!!!) (-:

Regards,
Bev
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