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


To: isopatch who wrote (25748)1/16/2003 2:41:06 PM
From: nspolar  Read Replies (4) | Respond to of 36161
 
iso, LMAO! Wonder how many reloaded at the bottom yesterday?

Guess I will add a few words and be honest - I didn't have to add, because I held. My adding will only be new positions, from some cash I've saved for this purpose. AND I think it more likely than otherwise that some folks are going to be left holding an empty sack, and that is why I held.

All this bullshit EW analysis posted here and there and everywhere isn't worth the paper it is written on. If they happen to be correct, tomorrow or the next day, it will only be by an accident. They have a 50/50 chance.



To: isopatch who wrote (25748)1/16/2003 2:53:21 PM
From: Bert  Read Replies (2) | Respond to of 36161
 
I sold SMXMF on last week (Monday) @ .25 from around .12/.13 cost average. I still hold a 100% PM position in my IRA, waiting for a blow off top...GSS, CDE, MNEAF, SMXMF, BGO.

I'm not a day trader, but do get in and out often...just waiting for my indicators to give the green light per gold, and frankly, that hasn't happened yet, although the daily charts look strong, it's the longer term that keeps me on the sidelines.

My only holding in one trading account is SSPI (10K shares now), sold IRSN on the pop......and cash. The other trading account has a spec position in SATC for now...watching others...like SIRI, KVHI, IRSN, etc.

Bert