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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 411.94

-0.4%

Dec 24 4:00 PM EST

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From: energyplay	3/30/2006 2:41:37 AM
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Today I bought - ATPG oil and gas VRTX biotech - moderately speculative FAX Far East & Aussie bonds conservative HBX biotech - very speculative SCLN biotech - very, very speculative GSS gold VSL India telecom FAX was the only really new positions, I already had smaller positions in the others. I used buy stops set a few cents above the last high to buy some of these stocks, and limit orders set about 50 cents above the close for others. This worked pretty well, giving me low prices for some stocks (the limit orders were filled under the limit at open) and a controled buy-in on the buy stops. I have found this is useful, if the stock starts dropping on th e open (profit taking) the buy stops don't get hit, and I can then cancel the trade and use the funds elsewhere. I also have some GPXM, a tiny mining company which has two properties, one of which is actually pulling out high grade Moly ore.

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