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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (23043)	3/22/2005 12:21:48 PM
From: la.dave	Read Replies (1) of 108590

My allocation is commonly referred to as 'No guts no glory'. Never keep out of circulation, other than short term repositioning. Something is always moving, so baring 9/11 type of catastrophe, I walk with no fear. Ever vigilant in terms of loss control, thus my mention of a 2 cent loss on AGT some weeks ago. Must admit your advice regarding the correction in energy did not go with out note, however I failed to pull the trigger on CNR at $2 and have ridden it down, though still in the money comfortably. So with that thought in mind I have taken to target shooting to hone my shooting and quick draw skills. It has become apparent to me that gunslinging is the way to go, shoot first ask question later. Thus being actionary as opposed to reactionary. It is interesting to me that I have no problem pulling the trigger if an investment goes negative, but great difficulty when I'm in the profit zone(particularly if I perceive fundamental growth potential). Sincerest thanks for the lesson some 60 cents later. Off to target practice, always learnin. Best to Ya.

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