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

To: kacy_in_LA who wrote (56638)	7/8/2006 1:24:04 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 312694

Yup, we ain't in Kansas anymore, Toto. What worked 20 years ago does not work today. My best trade of the past year was that 6 month hold of NGX warrants, 15 cents to $2.15 . My best investment right now is the BWR warrants (which don't expire for 2 more years) I got for 14 cents. The PM market was good for about 6 months there between November of last year and the end of April, and that was where the money has been. Six month holds. Who knows when we heat up again. I got this idea from the Epic American Bubble thread, but I really like the concept of DTTFTY (Dow ten thousand for ten years). Dow first punched through 10K in 1999, and here we are, with 3 only years to go. Factor in inflation and/or a weaker dollar, and it looks a lot worse. Buy and hold? Fuggedaboutit! CD

To: kacy_in_LA who wrote (56638)	7/8/2006 1:58:46 PM
From: Ranger6266	Read Replies (2) \| Respond to of 312694

I also had an account with Rick Rule's firm in the early 90's and had the same experience you did. After hours of DD and phone calls I put in a order for Ultra Petroleum and was warned that Rick advised against buying UP due to concerns about management. Fortunately I bought anyway and the rest is history. In this case buy and hold paid of big time but this was the exception instead of the RULE. Currently CLL is the only stock in my portfolio held over 6 months. The internet gives us so much information that a discount broker is all that's necessary. Keith