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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: kirby49 who wrote (6778)	1/25/2002 1:31:49 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

Nice action in CRK after yesterdays reload @ $7.27 Nice orderly backing and filling so far today after yesterdays strong action late in the session. siliconinvestor.com And daily chart clearly shows 1st leg up in the context of my first entry the week before Christmas @ 6.17 to exit on 1/9/02 @ 7.38 followed by several weeks of platform building for the 2nd leg that's just begun in the past several days. siliconinvestor.com Don't have a target price. Will just take it one day at a time as Temp map continues to show major blast of cold arriving sweeping across the key plains and mid-west NG consuming states by late next week. grads.iges.org No chest pounding here, thread. Just a different style than most players on various other threads. Not a day trader or a LT buy and hold guy. Don't focus all that much on trying to hit the exact lows or highs. Focus is always on trying to identify multi-week runs. And as long as I get most of each one, then PRESERVE that new capital by staying in high cash during corrective phases? The profits over time add up to a huge total while lowering my exposure to risk. And THAT is a very important part of the equation. A lot of folks make money in the market. The real game, which isn't adequately discussed on any of these web threads is: Not giving a lot of your profits back during corrections! Preservation of capital is the most over looked and ignored topic in the investment universe IMHO. Overall, it took years to develop both side of the equation into a high level of effectiveness. Have no problem sharing bits and pieces of the extensive and somewhat complex methodology when time allows. Enjoy posting here very much. But unfortunately my posting time is always limited by the work itself. Cheers, Isopatch