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To: pater tenebrarum who wrote (7889)8/2/2000 5:03:45 AM
From: IceShark  Read Replies (3) | Respond to of 436258
 
The suspected POS employee is noting that DRAM is recovering in price in the last couple days. (of course (s)he doesn't typically report when it is going down.) Watch out for the Dan Niles chime in:

Message 14148365



To: pater tenebrarum who wrote (7889)8/2/2000 8:02:18 AM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
I have only my first 1/3 for the gold stocks. While I may miss some (potentially a large piece) of the move, I am waiting for a technical breakout for the next 1/3. The last 1/3 I will use to bite the middle out of the big move if it comes.

Regarding what I call "biting the middle" out of a move. One of the greatest little truths that stuck with me when I was reading book after book before beginning to trade, was one from Rothschild, the baron I mean.

When asked about his secret for making such vast fortunes, the Baron replied that he would gladly share it with his questioner. "I have found an easy way and I stick to it." he said. "I simply can not help making money. It is this: I never buy at the bottom and I always sell too soon."

--Allan