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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (6958)2/19/2005 1:47:44 PM
From: koan  Read Replies (1) | Respond to of 18308
 
Trading strategy: There was a famous trader who once said: "you can have the first 20% of the move and the last 20% and I'll take my 60% out of the middle-lol.

That is a way to play this market right now. All of the stocks I previously mentioned if you wait until you see a pop with volume then you can jump on board ride it up to some consolidtating level and then move on to the next one.

So many stocks popped yesterday I think for right now that is a workable startegy.

Re PLL, that is exactly what I did. I watched it,, saw a move up .08 on good volume and then jumped on at .54, I think (from memory). And I will wait until I can see the whites of thier eyes before I fire-lol.

MAI for instance may have given notice late Friday. Which I just sold part of to buy JNI. NOw I have to sell something else to buy the MAI back -lol.

As mentioned, I think we are going to start seeing different stocks pop like pop corn.

Eva if you bought BWR wts, I am pretty sure that is a very safe purchase. I have a pretty large position in that one.

What price did you buy them at??



To: koan who wrote (6958)2/20/2005 12:00:43 AM
From: Eva  Read Replies (1) | Respond to of 18308
 
koan

Re:
<<EVA-lol how can that be? first it is BWR, not BWK, I knew I needed to pay more attention to my spelling-lol.

BWR wts closed at their recent all time high yesterday, so you cannot possibly have a lose, YET-lol.>>

Well, here it is: I bought 20K BWR.wt @ 0.28 plus commission equals Book Value $ 5,684, Market value as of closing Friday =
$ 5,200 ergo I got a loss so far of $ 484, it is in black and white in my PF