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Pastimes : Home on the range where the buffalo roam

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To: pbull who wrote (13720)	6/10/2005 6:03:41 PM
From: Sig	Read Replies (2) of 13815

I had made a list of small caps here not long ago, and it does appear investors are still interested in those today. FNX MAIN NVAL PRLS SWB TZIX WDC VPHM ECIL ELP IPII MRZ NSI IIJI: Am still in IIJI which I had estimated could reach $12. Since it is already there in AH, the question is what to do with it.? So I sit pondering, always having to make decisions. I guess that we traders are stuck with having to do that every day . I could put a stop on the stock which is up 60%, but you cant put a stop on the Calls. So I may sell the July call which is up 500% in a week, and roll it out. I discuss this because I still believe a person can be successful in this crummy market and because I dont think much of rules that other people make. Like the common rule that says one has to have a price goal when buying and stick with it. Thats both good and bad- bad for a bull like myself because it would limit my wins which must be followed to overcome other losses. Well, I had my own hard earned rule in the past, which was to never sell the winners, sell the losers. Or else you hold nothing but losers in the end. We watched people make the mistake of selling Dell at 200% profit in 1996,or of selling Qcom and Yahoo in 1998. In summary there is no safe way to beat the market, its always a risk. There is nothing to tell me which way IIJI will go except the huge trading volume. I will add a little curse (^&%^$$) for the brokers. Because I would own more IIPI except for the fact I cannot put on a stop while buying or else I would get classified as pattern day trader and would need to deposit funds in my new account to maintain the minimum $25k which that category would call for. If you see anything looking good please mention it, (g) Regards Sig Might take another look at IPII, its still rising in AH. Never too late if its a good one (hehehe)

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