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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Jazzss who wrote (1537)	4/30/1999 11:42:00 AM
From: swot	Read Replies (1) of 3896

Jazzss, I don't think any approach to this situation is wrong (or right), it's just a matter of what feels most comfortable to the investor. Each buy or sell is only based on the individuals belief of what is going to happen. I don't think those who stayed in when I bailed out are wrong and I am right. I see it as me making the right move FOR ME. There are times when I hold and others sell - sobeit. I'm aware that doing what I do - selling everything with the hopes of buying in cheaper - is a very risky maneuver and may also back fire. Staying in and averaging down is less risky, especially when we believe the stock deserves higher value. Bottom line is, IMO, we both believe in and have confidence in our approach, and neither of us are always right (when it comes to the way of the market), and neither of us is ever wrong when it comes to following our gut instinct (whatever it may be based on). Pre bid is at 9.00

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