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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.670-1.8%Dec 12 9:30 AM EST

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To: michael meyers who wrote (2648)7/8/1998 8:28:00 AM
From: Hawkmoon   of 2841
 
Yep... The wife and I were doing an after-action review last night about how we violated our "minus 10% and get out rule". We were in at around $7 to 7.50 and should have sold our position at $6 1/4.

Return OF capital is far more important than Return ON capital.

Lessons learned (and relearned... :0|

Regards,

Ron
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