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


To: Roebear who wrote (10569)4/10/2002 12:07:47 AM
From: isopatch  Respond to of 36161
 
Roebear. Exactly.

Pays not to be too sure of anything.....

at least till after a "Ka Ching" reverberates in my ear confirming a profit has been booked<g>.

Madam Market always reserves a surprise now and then for each and every one of us no matter how good the fundamentals, charts, flow of funds and other analysis look when we enter a trade.

Other than being alert and nimble, all it's about for me is being right most of the time, and cutting the loss when I'm not. If not, I'd have gone broke a long long time ago<g>

This year has been excellent, so far. But to keep it that way, glad to have cashed in a lot of chips in the past 10 days before the market could take em back. Of the 11 positions closed out in that time, 8 were nicely profitable with the 2 largest gains about 4 times the two largest losses. As long as I can do that a few more times before the snow flies again, it will be a very good year.

Best regards,

Isopatch