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Non-Tech : The Woodshed

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To: RonMerks who wrote (40094)6/10/2006 11:51:22 AM
From: yard_man  Read Replies (1) of 60908
 
Listen -- some of us don't just trade this stuff -- we do that, but with some we've held for long term gains that haven't disappeared in this selloff.

I offered the possibility of a bottom a couple of weeks back. I have not said anything since about a bottom.

I have some shares which I will not sell until longer term targets are reached -- I do believe we are in a long term bull. YOu can call that foolhardy if you want. I didn't just start this yesterday -- and while some of my gains which happened in the last 4-6 weeks of the last run have been dented, there are stocks I am not selling.

There are some that I bought recently which have taken a hit, I believe I will come out way ahead on in the next 6 to 9 months. If you have lost money thinking short term -- why don't you wait for the 50 dma to cross over the 200 dma -- or some such.

Bottoms are easy to call after the fact and maybe that is the best way??

I have 3 stocks I have not sold -- BGO, GBN and GPXM -- you can laugh if you want -- I have a longer time horizon for them. I have also been buying DROOY and GSS from higher prices. If everything goes to heck, I may part with some of it, but I probably won't.

If you want some good advice -- start buying some coins right here -- dollar cost average on those. Odds are you won't be sorry 2 years from now ...

Instead of just poking fun at someone else. Why don't you give us your educated view here, Ron? What are you doing and why?

You can go back and read where I bought TLT calls when TLT was 82+ ... that was a fairly decent bottom call -- certainly I could have been wrong, but I bought the calls and I am still in them.

stockcharts.com

Give us your current success here, Ron. Are you using us as a contrary indicator?? Are you short and trying to find out when to cover?? what's YOUR story, man??
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