Macos;RE:"My short term positions"
Eaxctly and not exactly Marcos regarding my positions short term.
Some I play long term and most I play short term to win that is all.
As far as that DOW/Cartaway Theory is concerned, I thank you for giving me a chance to explain to you.
This is come into play that Cartaway stock I play it for long term as the price is such low in that below .16. I supposed that I detected that that gold price could not hold on that $315 in April 1998, then I should get out that Cartaway immediately but as I said many times before I also hoping that gold would not go down below that $300 and would be heading to that $347.00 as I very much wished in April-May, 1998, but it did not panned out as I would like otherwise.
But as I said I play Cartway long term as price is such low, I could wait. And you know this penny when they resume its bullish mode, it will be .25 or .36 or even .82 nobody will be able to figure it out. Yet time is still due to come so far if it does come, Cartaway will be 16 baggers Marcos. I am not kidding at all.
Gold still hanging below that $300. But someday it will break up that $300 and Cartaway will have lots life again.
You see sometime you have to play long term sometimes shortterm.
My guide line in this penny stock speculation is below .20 I like to play long term. Above $2.50 I definitely play shorter term.
My very critical reasons are at .20 or below that .20 the risks are much less than that $2.50 and above that $2.50 like our WSP.
Unless any penny would go broken and delisted but the chance is less than 1% I could bear the risks. Likewise in the option trading any interesting options if underline price is not in the money when time expired it is worthless, zero value. But 1% delisted chance is much much better than that option trading.
Marcos; in this penny stock, option, and future trading indeed INVOLVED WITH RISKS, AND LOTS OF RISKS. BUT ON THE OTHER SIDE OF THE COIN, IT HAS HIGH PROFITS. BALANCING THE RISKS AND REWARDING PRIFITS THEN YOU SET YOUR GAME PLAN AND STRATEGY. MY STRATEGY IS VERY SIMPLE.
tHE SIMPLEST IN THIS WORLD, IT HAS ONLY ONE SIMPLE ENGLISH WORD. GUESS WHAT??????? MARCOS.
aNSWER " WINNING" . THAT IS IT.
John Paquet
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