Making Money and Preserving Capital on the OTCBB Market Message Board

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Pastimes : Making Money and Preserving Capital on the OTCBB Market

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To: Wayne Rumball who wrote (228)	3/17/2001 7:18:45 AM
From: ChrisJP	Read Replies (1) of 268

lol, who hasn't ? Then of course there's the: "No matter when you admit you're wrong and decide to sell, it turns out to be the buy signal the markets have been waiting for !". Ummmm that's happened to me more than the "I'm not selling cuz I'm not wrong" phenomenon. At least it feels that way. Speaking of which -- I was absolutely convinced that with 6 weeks of non-stop selling, and a rate cut coming next week, that we would get a brief short-covering induced counter-rally. Ummmmmmm ..... I'll spare you the suspense and mention that I was wrong. Bought $30K worth of stuff ... put stops in below their support levels/52-week lows ... .... got stopped out :-( Between that and with the help of GWRX finding another trap door in its basement, my account lost $10K for the week. And it doesn't have much in stocks in it -- especially now, lol. Maybe $30K in long positions at this point, and I'm seriously considering turning that into about $15K in longs on Monday by selling PNFT, LATD, and the OTWO (that I picked up at 1 3/4 and wished I had gotten more at 1 9/16 or under, but you know ... my tiny ego prevented me from buying more on the way down, lololol). BTW -- GWRX at 1 5/32 .... looks like a steal except for that little "not making a profit anytime soon and could run of out money problem." Rats. Chris

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