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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (119)	1/26/2002 10:17:14 PM
From: bill	Read Replies (1) \| Respond to of 613

Well said. That's exactly the danger. Not the TA but the human emotions. The TA may or may not work but the real problem is selling, figuring you'll buy back in but not doing it, then missing the next leg up. Been there. Done that. Usually because I go back to my instincts instead of trusting the information in front of me. Also, been hammered because I held on in the face of deteriorating prices because I believed there would be another leg up. Learned to take profits along the way. The final outcome in a play like WSP is that 10,000 shares won't bring as much final return but since most mining plays don't get bought out or stay up in price, taking profits a bit at a time, overall works well for me. Mind you, my father who has played the penny mining stocks for 62 years disagrees completely. He held his WSP for the buyout. He also has a drawer of worthless paper. His game is home runs or strike outs. I'm too conservative for that. (I should add that his knoweldge of the penny mining business is phenomenal. When diamonds were first mentioned, he was the only person I came across who knew about diamonds being found in drill core in the Sudbury area during WWII. They were regarded as a freak occurance. He misses Murray Pezim. As he says about the horse races. Bet the jockey, not the horse. Given that, what is your assessment of the jockey riding TWG?)