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


To: waverider who wrote (12388)5/14/2002 9:57:06 PM
From: isopatch  Read Replies (3) | Respond to of 36161
 
Thanks Wave. SWC is looking good.

Even though it's never been my largest portfolio position, let's take a minute to look back - a little over a month ago - when it dropped sharply and offered those who missed it's 1st visit to the 14s that 2nd chance at an excellent value investors and traders don't often get.

stockcharts.com[w,a]dacayiay[dc][pd20,2!c50][vc60][iut!Ub15!Uh20,10]&pref=G

But, what ho? I was nearly the ONLY staunch and unequivocal SWC advocate. And bought in the 14s for a second time.

Message 17276578

Look. Not chest pounding here, folks. Just a fact that when you're right about a important turn (whether it's in a sector or an individual stock) you are usually almost alone vs the crowd. And this was a perfect example of that.

And the crowd ain't always nice about it.<g> Some folks expressed understandable concern and asked what I thought were quite reasonable questions. OTOH, there were also cheap shots and personal attacks coming in. So finally, I made this post to let those people know they were wasting their time. After all, it only reflects badly on them. And has no effect on me because they just get put on ignore.

Message 17277589

Just think. If those folks had been buyers instead of ankle biters? They would be sharing in the profits that are building more rapidly now that - as Waverider has pointed out - the bullish falling wedge pattern has broken to the stock price into a nice acceleration.

Thanks again to those of you who here and to my friends on Stock Attack II who gave me the benefit of the doubt and let time and Mr Market be the judge of whether my tenacious support of SWC was the right call.

Now let's see if Mr M will oblige me once again and take this pooch to the $28-30 area over the next 12 to 18 months.

Tally ho !!

Isopatch