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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (6013)3/22/2004 6:05:48 PM
From: TrueScouse  Read Replies (3) | Respond to of 313889
 
Paul:

A sad day for CLG. I caved in and sold my remaining position. :^( Not sure if I'll come back in. The last couple of days were too much, but fortunately it was only a small percentage of my PF. I still like the project and I still think it'll get taken over one day, but I'm going to sit it out for now. There are lots of other opportunities, especially in these markets.

Since the PDAC I've been reorganizing my PF a bit. I took some profits in some of my bigger positions and increased my holdings in the diamond area. I now have positions in DDN, DSP, DOR, SRM and SWY. I was "blown away" by the SWY presentation at the PDAC... all those satellite images showing dozens of kimberlite-type formations... I know nothing about diamond exploration, but I was very impressed with all those little circles! :^)

I've also bought Almaden and some more First Narrows (UNO). I really like UNO although it's at an early stage of development but they have access to lots of historical data to guide the current exploration.

Still waiting for a significant correction in copper to get back into the futures -- but it may never happen. I broke Jesse Livermore's cardinal rule -- "never lose your position". Will I never learn!!

Best regards,
Howy



To: TheSlowLane who wrote (6013)3/22/2004 8:26:18 PM
From: Gofer  Read Replies (1) | Respond to of 313889
 
I just entered MAE at 2.38 last Tuesday after russwinter mentioned it on another thread and I checked it out and it looked worthwhile. So I sold it at 2.64 (I was planning for around 2.85) and did OK. If you bought it almost a year ago then your still OK too. The WLF is a stock I've owned for almost a year, but I sold the last of it today at 5.63.