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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (65811)6/12/2006 11:39:20 PM
From: ridingycurve  Read Replies (1) | Respond to of 206092
 
<<Imo, that's a correct opinion only if the stock market decline continues.>>

So which way is it going and where do you currently see high probability setups in the energy sector?

My tolerance for risk would have me in money markets now if they paid zero dividends, but your tolerance and mine our obviously not the same. That's what makes markets.

The second most important lesson I learned from dabum (he might consider it the first) was to establish profit targets and stops before entering the trade. Having done so, I was out of my trades at much higher levels than where the stocks trade now.



To: Paul Senior who wrote (65811)6/13/2006 8:26:59 AM
From: Tommaso  Respond to of 206092
 
RYVNX goes 200% opposite to the Nasdaq 100. Of course, need I say, that it's not a good thing to hold when the market goes up.