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Strategies & Market Trends : Ride the Tiger with CD

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To: Bruce Robbins who wrote (6027)	3/22/2004 6:51:33 PM
From: TrueScouse	Read Replies (2) of 313910

Bruce: <<turf your losers and hold onto your winners>> CLG was a loser for me this last couple of days but I was still showing a profit on it. And I'd made good profits on it before. So I turfed a winner! Jeez... I can't get anything right. <vbg> Seriously, I can't complain at the moment. Last Friday, with the POG still $20 (about 5%) below it's January peak, my PF was only down 2% in that time. Normally I'd expect to be down at least 10% on a 5% POG correction. So, on average, the stocks have held up really well. And if the POG breaks above $430 and moves to the $450 level, we'll see another surge in the PM stocks. And especially in the silver stocks, since so far the market doesn't really believe that silver has broken out. Regards, Howy

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