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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (2502)	6/24/1999 12:30:00 PM
From: TrueScouse	Read Replies (3) \| Respond to of 4504

Wayne: I see you're in trading mode <g>. I think my strategy is a bit more conservative than what you're suggesting. I prefer to take a position early on with far more than I intend to hold, and then sell the "excess" as it moves up. This is similar to the "sell half on a 100% move" strategy -- although I tend to sell in smaller pieces than that. e.g. I've already sold about 25% of my MAN position (most of which was bought between $2.25 and $2.80), with three trades in the $5 to $6 range. I tried to get another fill at $6.95 but missed out :^( With IPM I did something similar, and then was lucky to sell a chunk at about $10 before it crashed. I tried trading it after that but mostly lost money from then on. Overall I did pretty well, but still ended up with some wallpaper! There are as many trading methods as there are people. The important thing is to develop a system that suits your own risk profile. Best of luck to us all! Howy