Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (31576)	7/26/2003 12:48:05 AM
From: mishedlo	Read Replies (1) of 36161

Imho; the High Reward/Low Risk or "Big & Easy Money" portion of this cycle has passed...and the High Risk/Low Reward portion of this cycle is here at hand. You said this all the way down and were right but of what use? No buy call anywhere close to the bottom. WHT .72 to 1.42 NEM all time highs etc etc etc I suffered thru WHt holding from .92 to 1.18 and adding at 1.08 1.00 .95 (OUCH) and finally 1/3 more at .80. Sold that 1/3 at .92 and bought it back at .83 Stupidly sold it at .98 then sold some at 1.18 Holding some now at 1.40. You missed a HUGE runup. Nem 23 to 36. BGO $1 to 1.62 GSS 1.68 to $3 The easy money was WHT at .72 You were too blind to see it. If WHT gets back to 1.20 I am loading up the boat. NEM is a steal at 30 In the meantime you are a broken record. Do I wish I sold my WHT at 1.18 and bought it all back at .72. Of course. But knowlege of the long term trend and cash reserves let me add 4 times before I was proven right. Not pretty but not seeing the $hui double bottom is not pretty either. In the meantime watch gold get to $500 and you will be harping that the easy money was from 280 to 310. Get real. M

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