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Non-Tech : Heavy Machinery. CAT DE CSE DDC CUM

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To: Stormweaver who wrote (65)4/11/1999 7:52:00 PM
From: Wade  Read Replies (1) of 190
 
You are very right. Timing is critical. Looking back my purchase of CSE stocks. I did not know when it will recover. My strategy was to buy it in small chunks through out a long period of bottom. And, use buy and sell stops to control my positions. These method free up my cash for other thing and keep me in the action at the same time. A stock will move up way before good news hit the street...the same reason for drops. I would like to be the early bird to gain 20-40% more profit if I can. The bottom of CSE is actually not very long...only seven months old. I am happy with my decisions so far.

The same situation applies to FWC. I made 25% paper profit in 1-2 weeks. Not bad. Good luck.

Sincerely,
Wade
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