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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (8708)	3/2/2007 8:05:31 PM
From: TheSlowLane	Respond to of 30075

dabum - agreed, a gift is a gift, you never know when the market will give you the next one. I did some selective trimming but in retrospect, could have been more aggressive. The U stocks seem a lot less frothy now, particularly if the U price continues to advance.

To: chowder who wrote (8708)	3/3/2007 12:29:16 AM
From: Gib Bogle	Read Replies (1) \| Respond to of 30075

I followed your suggestion (sort of) with URZ, URME and STM, but I held PXP for some reason. It makes a lot of sense to do as you suggest, but takes discipline. Would you mind showing (e.g. with a URL) how you make a chart with those momentum bands?

To: chowder who wrote (8708)	3/3/2007 4:57:54 AM
From: Gib Bogle	Read Replies (1) \| Respond to of 30075

I can see how your momentum band-guided trading can be extremely effective, especially in times like the last week. But I can also see that it could be more expensive than buy and hold in periods when the price repeatedly crosses the upper momentum band, since you will be buying back at a higher price than you sold at. This would have been the case with PXP from mid-December to mid-January. Maybe it should be applied only in these periods like the recent one when the rate of climb is too rapid to be sustained. I knew it couldn't last, but I had no way of deciding when to jump off. Next time ...

To: chowder who wrote (8708)	3/3/2007 8:47:32 AM
From: smh	Read Replies (1) \| Respond to of 30075

Dabum, I would like to add my voice to your welcome to the U thread and sincerely thank you for your generosity in sharing your trading wisdom. As a perpetual novice, I have a question about your exit technique. You are looking at a daily chart and use the words "When price closes below the upper band, I sell 1/2 of my position." Some of the chart notation appears to indicate sale based on intraday action. Can you clarify please? Thankyou SMH