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

To: CommanderCricket who wrote (82833)	4/11/2007 8:29:48 AM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 206184

Michael, smart move and congrats on your profits! I was perusing the insider sales on the OSX drillers and was absolutely shocked to find a correlation to tops with sales from insiders. When OSX corrected they stopped for the most part but over the last few months they have been selling in droves! Very similar to December, and very similar to last spring as OSX topped out. Next few days will be intersting, OSX on nice squeeze but will it hold or fold? The old saying OSX NEVER LETS YOU DOWN? GL

To: CommanderCricket who wrote (82833)	4/11/2007 9:04:59 AM
From: chowder	Respond to of 206184

>>> Almost have the year in the bag so there is no reason not get a little more conservative going into May. <<< Good job! Can't say I disagree with your strategy either. And, I'm sure a sell off is coming at some point. I'm having another good year too, up over 30% so far. All I'm doing is following professional money. I figure if they are still investing and holding, I might as well too. Since I am very disciplined about using stops, I'll continue to let the momentum ride as long as it wants to ride. It may end today, next week, or not at all. I don't know. What I do know is that as long as the momentum continues, my momentum band indicator will keep me in the trade. When the momentum stops, those bands will be screaming sell. You're doing a great job. Way to go.