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Gold/Mining/Energy : Yamana Resources INC. T- YRI

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To: Daytek77 who wrote (577)6/6/1997 3:39:00 PM
From: Dan Christensen   of 2346
 
Thanks Tony! You've been a big help

Your experience playing the juniors, and the fact that you
don't mind sharing your knowledge make you an extremely
valuable contributor on this thread. I'm sure I speak for a lot of
people in thanking you for your comprehensive answers to my
many questions. You've helped me make the decision I was
leaning to anyways.

I have one more question for you (if you don't mind).

Over the last year I have been in a large profit situation on
every stock I own, I thought I had this game figured out.
Except I forgot to take profits on most of them and now I'm
in the red on all but one.

My question is this.

When should an investor take profits? and more importantly
How do you stay disciplined enough to follow rule #1 and
avoid the greed that likes to cloud your common sense?

If anyone has a rule they follow and would care to reply
please do so.

Regards,
Dan
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