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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (11700)5/3/2002 7:39:34 PM
From: kirby49  Read Replies (1) of 36161
 
Thanks vt

All my trades were posted on Cush's thread, as will my next one. Those from my original post that Peter threw out there, I traded until after the May long weekend spike and was stopped out totally with a 30% gain. Put the whole 130 back into 10 positions during June, expecting to cull it down to 7. Stopped out of ELD quickly and put that into more PAAS (I'm an all in kind of guy, ((it's in the Loeb Frank, you bought it, get reading)). It's an organized crap shoot as that's up 99.06% at close today and a fluke that I did it the day before it was announced Billy took a second load as well. But I could have put it in MFL, CBD, BGO, NSU and been a little further ahead, today. With that NAZ listing, it may be ahead of some of that other group by the time any of them are ready to be closed. A much samller position holding at a loss of 60% in EEL, otherwise SWG's a laggard today up only 17%. Just gotta watch constantly and have an exit strategy ready. But it's been boring, except for watching you trade. Let profits ride and have held the same nine since last June. No need to finesse, rebalance or be greedy, let profits ride.

If this sounds a little too preachy, it's cause I've gotta run and don't have editing time. But that part is not directed at you vt, but rather Frank and Peter's foray's into the short term techie daytrading thingy<GGGG>.

Regards

Bob
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