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

To: chowder who wrote (83899)	5/1/2007 10:59:49 PM
From: Dale Baker	Respond to of 206334

Lots of different ways to skin a cat - I do the investing thing and raked in 30%+ annualized returns since 1998. Works for me. And I'm glad your approach works for you; not my cup of tea. Good luck.

To: chowder who wrote (83899)	5/2/2007 12:36:18 AM
From: renovator	Read Replies (1) \| Respond to of 206334

Congratulations Dabum--Those are crackerjack numbers and you managed to do all that while continuing to inform us here! Thanks--

To: chowder who wrote (83899)	5/2/2007 8:40:13 AM
From: dvdw©	Respond to of 206334

This discussion has been very productive, and instructive. Thanks to all for for having it. Within this post you said; They didn't use any fundamental analysis in their buy and sell decisions. They didn't use any technical analysis, as most people conceive technical analysis to be, either. Their total focus was on price and the direction of price" In saying this what you've essentially done has become a trader, not an investor because Price is the domain of the trader, which is wholly different than investing. In an earlier comment you said; "In fact, I find it hard to believe any of us can apply what Templeton or Buffet does because we don't have the resources to research a company the way that they do or the capital to take advantage of said research. " This is easy to disagree with, as each of these examples uses well known metrics for examining a business, Buffet is the king of free cash flow, that is an identifiable factor in a companies operations, each of these mavens has an understanding of the Systems underlayment and thus thier preaching is both a warning and guidance. That those who do not understand Price as an artifact, will be subject to trader/ systemic adjudication. When you close with this; "Bottom line is, we all have different objectives. We all are at various stages in our lives that determine how much risk we can or can not take. What works for one, may not work for another. What a Templeton, a Buffet or a Seykota may do doesn't help us per say. We have to do what we have to do. If I can show a profit every year, allowing compounding to work in my favor, then I'm happy. I won't have the greatest results on this board. I have had consistent results though. And as long as I'm consistently profitable, I can continue to grow What your really saying is that you've become a trader not an investor; Templeton and Buffet are Investors, Seyota may be a hybrid of the three. Your understanding of Supply and demand is also misplaced, because in todays market, its been disconnected.....I work with Supply data and its not cut and dried, the market has become a place of systemic intent, carved up by different classes of players working to purpose. Make no mistake, none off what i've said should be construed as critical to you or your performance, its clear you do a good job. What I am saying is properly characterize yourself and your tactics within the broader playing field and you wont have to mix the fields more refined characterizations to make your point.