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Pastimes : Where did Bob Monski go? -- Ignore unavailable to you. Want to Upgrade?


To: in_cog_nito who wrote (12)3/6/2004 9:47:44 PM
From: inchingup  Respond to of 23
 
In-cog:

I have several friends I trade with privately. We mostly talk to each other during the day or do private e-mails. I trade it right off the wire and try to get in as close to the bottom as possible taking a large position from the start and usuaully do not average up or down for more than a few shares.

OTOH,I personally do not need a following nor do I care to hype stocks. They will do fine on their own without any outside help.

I started accumulaing GMED in early December, flipped most of it out on the first run and bought back at about .10.

As for GUSH, I let it slip right thru my hands as I have done many others.

I really can't give anyone time frames as I trade solely by instinct. In other words I could change my mind on a stock in a heartbeat.

The reason I make so few trades is that I generally only go after sure winners (or what I feel are sure winners) like TOVC and IGII. I base my trading on how I believe others will respond to the news, not whether it is worth a dang or not.

As for REFR, I traded it for about 3 years always on the long side. I NEVER shorted it. During those 3 years I trashed it just like I do today. You have to know the players and the patterns to play it successfully. There is no other method to trading it that makes sense. I and a friend were the first to expose many of REFRs lies the biggest one being that SPD went from "clear to dark or anywhere in between". I also have met Harary and can tell you my opinion of him is about 5-steps below that of Doug, if that helps.

I hope that explains much of what you were looking for.

Gary