Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Debra&Jeff who wrote (796)	4/28/1998 11:58:00 PM
From: Ga Bard	Read Replies (1) of 9440

BTS is a method for folks to make limit orders to get back their money when it at least doubles out. Now I know that goes against the momentum stategy but what if you dump and it goes like SURG you miss a ton of equity in your account. Now it you BTS and it falls back and you believe it will prevail you buy back in and you have more shares and a cost of less. The next run you begin to make profit. Sooner or later you hit a solid runner that defines itself. I have tried and been working on the old fshioned way of staying int touch with the real world. Heck I rarely even pull up Yahoo anymore. Most of that information is out dayed and naysayers use it as a sword especially short traders. In the old days you would call your broker and hope he had a good favor in the pulse of the industry. THAT is how people made money of course if you got a lazy broker his information was really slack and you lost money,,, (I know I lost a bunch to these guy) because all they want is the commissions. I am a private investor trying really hard to get people to use common sense when trading. I have a couple of one stock that I will not sell no matter what. MIDL ... Others have those types of investments too. I have others like AVBC SURG BLHG CNHH which I am long on but I will BTS but only at an extremely high price range. I do have rollers and if I KNOW with 99% assurance one is going to go up because of the love of the internet sure I will jump on. I wished I had listened to Bob and bought PNLK. :-( I just have to have to much information I guess. I like to invest on good rumor and DD. We all have our styles so may we all make good picks and ALL OF US USE COMMON SENSE when trading. GB

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