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Strategies & Market Trends : Strictly: Drilling II
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To: nspolar who wrote (12150)5/11/2002 4:10:43 PM
From: Frank Pembleton  Read Replies (2) of 36161
 
nsp... -- your comment... -- wished it would have all been at my first entry -- In hindsight, me too - but you're not supposed to trade like that. My first position was also at $0.40 - then at $0.60 and again at $0.80 if it can maintain $1.20 level I just might add it again.

Just think... Buying at higher prices is just a confirmation that you were right in the first place. Buying in the opposite direction is for losers (gamblers?).

Regards
Frank P.
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