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To: IHateSourCream who wrote (122393)7/27/2005 7:02:12 PM
From: IHateSourCream  Read Replies (1) | Respond to of 209892
 
One further comment about SQM. Just wanted to acknowledge that I've purchased my shares high, and I recognize it could correct from these levels. If it pulls back to the 20 SMA or thereabouts, I'll probably add. But for now, given the strength of the stock -- I feel ok about my initial position (particularly since it's fairly small). I tend to like these strong uptrending stocks. Hopefully the trend will remain intact! <g> Again, very speculative.

stockcharts.com[w,a]dfclyyay[db][pb50!b200!d20,2!b20!f][vc60][iUb14!La12,26,9!Lk14!Lp14,3,3!Li5,3,3!Lg!Lyb20,2.0]&pref=G



To: IHateSourCream who wrote (122393)7/27/2005 10:25:18 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Good to see you moving around, trying new things IHSC....

Interesting that you're hitting two high-priced spots with GOOG and now with SQM......The lore is the opposite......that newcomers look for lower-priced stocks.....Maybe there's been a generational shift.......This old-timer, as you know, tends to go for what he calls "cheapos"......g
You're also wading into international resource plays.....which, it occurrs to me, I'm now out of for the first time in a long time now......now that TIE stop went off while I was away.......Think I'll be looking for re-entry there soon.

AaaaND.........why NOT options.? You've GOT to make a start.....Nothing mysterious.......just remember, time is something you have to play explicitly there.......and PAY for, too.......no vaguish timeframes......And easy to play here with relatively small amounts of cash on the table......

Dinner in the Alps?? Cela c'etait tres bon, Shack-veulent.....after he finishes extracting his GOOG pound of flesh!!