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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (18195)9/3/2002 6:52:46 PM
From: Roebear  Read Replies (1) of 36161
 
Frank,
I'm not against spec daytrades in such as PGO, have often done similar things myself. But use close (mental) stops and never lose the ability to admit a position taken could be in error, i.e. if it doesn't go my way, outta there!!

But, I did find the PEE GEE OH! "Band of Brothers" to be a strange phenomena!

Having played in the gold markets for quite awhile including all of the recently expired gold bear market, I've seen too many companies (Anyone remember Pegasus?, remember when ECO was a daytraders favorite on high volume?) go into obscurity or cease to exist to play bag holder for them.

A good EXIT can be better than a good entry, ggg.

Roebear
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