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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: goldsnow who wrote (1147)	9/13/1999 9:02:00 PM
From: John Paquet	Respond to of 1239

I like your concept 1.) accumulating on the down side like MT, or ESX, i.e. buy at the very bottom, and keep buying etc 2.) Wait for maximum profits, i.e. sell at the top. Actually, our concept is the same, buy low and sell hi. This concept requires good skill in terms of timing. My approach is short term, in and out and out and in. The disadvantage of my approach is I have to pay more commission in the long run but I have moreopprtune time to realize my objectives-that is winning. What if ESX did not go up to .80c??? what if Skg did go up to $1.00???? Look at RGO I got out at $7.60 RGO went up to $7.95 now at $6.80-6.90 GOU I got out near at $6.00 it went up to $7.00 [just a touch} then today low traded at $6.50, it is tough, isn't it???? What if GTR goes down to $3.50, and never go up to that $6.10-6.15 again???? Yeap VLV sure a winner by your approach, it hit $6.10, it is not easy to buy at real low and sell at real hi, so mastering the skill is definitely needed???? Maybe SI classroom would help, right??? right!!!! John Paquet