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

To: isopatch who wrote (28154)	2/14/2003 6:22:36 PM
From: jimsioi	Respond to of 36161

ISO, regards CHN and the "maybes" I hate posts with only vague maybes etc. Criticism of such is warranted. What is their point, I ask when I see them, too. Review of somebody's style as being that of an analyst might be taken by one with thin skin as a personal attack? PLEASE….a car salesman, an accountant, but not an analyst….Can you post on this board if you are an analyst??....However, first one should analyze, am I correct? Then, secondly, act...In review of one's environment doesn't one continually analyze?? Are conditions stagnant or in flux??? Are opinions of value if not proceeded by the analysis from which they were developed.??? "Such and such may do this, it may do that, but in my opinion based on the weight of the evidence I'm going to position myself believing it will to so and so"......now, upon reflection I suspect that is correct posting form. Please, I hope to see general adherence. Actually, in the post you referenced about CHN and SOHU I didn't find any of the offensive words. (Guess that goes to show I'm more certain when my timing is wrong.) I'm sorry if Slider doesn't like my fence sitting though I doubt seriously if he'll lose any sleep, and I don't approach my endeavors to suit his style. Few situations are pure cases of black and white from my perspective, and I increase, decrease or eliminate exposure as my read on particular situations dictate. In the miners, for example, I cut exposure as the reversal off 390 demonstrated itself to be defining to the trend in GOLD..I reduced further before the break of the 50 day ema; increased some at the lower end of the last couple's days range and sold off some early today. My flock of juniors and explorers are holding up quite well while my eliminations and reductions have been in the bigger HUIs. Yep, will admit that's straddling the fence. Sorry if it's not fashionable with the club. I don't wish to be completely out of metals and miners at the present time. I will accept some losses to retain longer term exposure. Certainly, I am keenly interested in the improvement of trading techniques and find some presented here by those with major trench experience to be helpful. As time progresses, I will endeavor to selling more at tops and the opposite at bottoms and retain less against the trend. Don't suspect I'll be alone. As to CHN and SOHU....regret having missed your follow up post. I did buy CHN ...still have it...SOHU I bought at various points above $8; saw the pattern looked to be turning bearish....and got out at $8.11 for a loss prior to its crash down to near $6 and then partial recovery today....It has a similar pattern in some respects to EENC.. SOHU looks like a major speculative and trading vehicle with considerable volatility in a growing sector with profits starting to build. CHN is a more solid diversified no load fund that holds companies doing major business with China. It's holding are heavy with "H" shares. Neither sustained forward progress from my initial entry points, hence my exit of SOHU, at least. Pattern in CHN is not constructive, ST, and if it doesn't get in gear quickly I'll move to the sidelines on that one, too. Frankly, low marks for entry on both … Like you, though not as much as you, generally limiting positions, favoring cash...30% currently with 28% in CanRoys making cash.. CHN SOHU and EENC investertech.com