Sergio,
Thank you for the lesson...I've not forgot how BTW. <GGGG> Sometimes I just get too caught up in the meelee of fast trading and as you have complemented, I'm pretty good at it, most of the time.
Case in point AN, which, believe it or not, I still own from 8.20 per share is now in the high 10's..I worried over it and worried over it as it tested the 50dMA many times, but loved the FA. It has as you say paid off in spades. Now that it is over 9 there is not much to stop it.
Another I own and will for a long, long time is ENN, you know the story on that one.....constant cash flow quarter after quarter right into my account.
GOU, I admit I dumped at a loss in the low 5's as the 50dMA was broken and volume dropped off dramaticly just after I bought it. The one large holder selling 1.2mm shares scared people for a while...including me.
In the energy sector I hate trying to pick a single stock as they all seem to have holders with an agenda, I don't understand hedging against reserves etc. so, today just bought XLE spiders at 32.50 instead.
I know that there are folks out there that follow the amigos thread and do not post much. To those folks....read and heed what has been posted here by Sergio. He is my teacher in the FA department and I know of none better.
Ken |
