Dear Grasshopper,
That is beautiful baby! If you are telling the truth, and I have no reason
to think you aren't, then you are definitely money, baby! (Sorry, but I
have been watching "Swingers" tonight). Last year I turned $8500.00 into
$36,000. I have to admit that a lot of it was dumb luck, but I learned
a lot as well. You have Major Balls if you can stand a 160K draw down.
I couldn't do that, but I won't make 100k this year. Rolling stock,
belive it or not, follows some of the same concepts as TA. It certainly
isn't Fundamentally oriented. I wish you luck in the next few years,
but just remember, it hasn't been all THAT hard to make money over the
last 5 years with this market. Make sure that your system will hold up
in a bear market as well. Some out there have never even seen one, and I
would hate to see all your great gains go away. Good Luck!
BCL
P.S. sorry about the 12 3/8 support call. In retrospect, I went over
my charts, and the support zone is actually closer to where Dr. Jeff called
it. See Dave, even I can admit when I am wrong! <g>. |
