Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (7889)	8/2/2000 8:02:18 AM
From: AllansAlias	Read Replies (2) of 436258

I have only my first 1/3 for the gold stocks. While I may miss some (potentially a large piece) of the move, I am waiting for a technical breakout for the next 1/3. The last 1/3 I will use to bite the middle out of the big move if it comes. Regarding what I call "biting the middle" out of a move. One of the greatest little truths that stuck with me when I was reading book after book before beginning to trade, was one from Rothschild, the baron I mean. When asked about his secret for making such vast fortunes, the Baron replied that he would gladly share it with his questioner. "I have found an easy way and I stick to it." he said. "I simply can not help making money. It is this: I never buy at the bottom and I always sell too soon." --Allan

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