Doug: Since you have addressed me publiclly, instead of in email were it should stay, I feel I must answer a few points of yours. Hopefully I will post here much nicer then I did in email!! LOL ( cooling off )
My short term is NOT 3 hours. My short term is like that of most everyone around here, 3 to 6 days. Your short term is better suited for Mutual Funds, 3 months.
Every stock I have owned has had a differant time horizen. Some are good for a day, days, weeks, months, years. Just depends on the stock, the potiential rewards, and if something better comes along.
Yes, when I buy a stock, I expect it to go UP. Crazy me!!
I, like yourself, make mistakes. IF I, like yourself, did not make mistakes, WE would be living on an Island somehwere and not working ourselfs to the bone trying to find Good Stocks!
I did start a new thread, half out of humor and half as real. My thread is to help find those few stocks that Go Balistic! You remember Balistic don't you? MVSI
We were a GREAT team on MVSI!!!
Somehow your TA has never since liked MVSI much, but it has gone mini ballistic several times now.
I see nothing wrong with trying to zero in on BIG GAINERS! They happen all the time, the trick is finding them.
You did not join me in WGNR when it went Ballistic, I guess the TA was not showing the apx. 80% gain it did in 3 days. Oh well....
I have bought very few stocks that I expected to go balistic, and expect that I will cont. to buy very few stocks that I expect to go balistic. They are hard to find!!!!
I do not beleive anyone should be set in just one investment style. Sometimes a potientail balistic ( MVSI, WGNR,) sometimes a nice slow steady riser ( HURC ), sometimes a wait and see if it does what it should do ( RECY ), etc.. You get the point.
You, Sergio and myself have found some good, maybe even great, stocks. We have also found some Dogs! I will take credit for NOIZ, if you take credit for ??,???,??,??.....
Don't get me wrong, I know you will though, Your TA is First class!!
You know more about TA then MANY people do, BUT, you can be wrong just like anyone else. FACT!
There is NOTHING wrong with being wrong. It is a fact of life!!
Once again, I repeat, YOUR TA IS VERY VERY GOOD!! BUT, there are many other things to look at as well!!
You went on again about not being able to pick a potiential POW stock till Friday close. Your TA can see months in advance but it cannot see DAYS in advance???? I know better then that! If you really wanted to, YOU could pick a HOT Stock for any day of the week.
I will not even go into the thing about sergio and I wasting many hours on a group of your supposably TA d stocks, only to have the rug pulled out from under us!
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OFF Topic> To Ben:
I beleive EVERYONE should set a LIMIT on how much they are willing to lose. When they reach that limit, CUT your losses and move on. The same goes for riding a stock up, at what point is the risk of the stock dropping, greater then the potiential reward? Every Invester needs to decide that!
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Well, I guess I have said more then I should have said, publicly.
I have also probably won the award for the most " ! " in One posting. LOL
I feel even better now, then when I sent you the email that probably has you REALLY fumming. Sorry about that! I had to get it off my chest.
I hope there is somewhy we can hold it all togather again, but some changes are needed by all of us. You, Sergio and Myself.
Doug, WE could Kick A$$ again!! |
