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

To: Tommaso who wrote (103010)	6/16/2008 11:58:06 PM
From: XoFruitCake	Read Replies (1) \| Respond to of 206093

"I think the next big long term thing may (just may!) be the Uranium closed end fund that trades on the TSE but also can be bought as pink sheets" Tommaso, do you have the name and symbol of the fund? thanks.

To: Tommaso who wrote (103010)	6/17/2008 12:21:32 AM
From: chowder	Respond to of 206093

Tommaso, I haven't done a very good job of conveying my strategy to you and a few others. I'm not sure you truly understand how I use technical indicators via the market. Just so you know, I have shown 30% annualized returns the past 5 years and I haven't used a single piece of fundamental information. I'm not saying fundamentals don't work. I just don't know how to make them work for me. I can't read a balance sheet or income statement, and I don't have the desire to learn now. If I were as good with the fundamentals that Ed is, I'm sure I could do even better. I'm good at timing my buys and sells! BUT ..... I'm not just a short term trader. I have several positions I've held for several years. I use the technicals to time my entry and determine the position size at the time of entry. I can't count the number of times I've seen people here guess right and then not have a large enough position to truly benefit. I'm not intelligent enough to explain my theories, concepts and show my results over the last few years in a single message. I devoted a thread where I showed people, in advance, on how I applied the entry, the position size and the proper time to sell positions and did so over a couple of years. I think that was enough time for others to determine if the strategies worked or not, and if they would work for them. I'm not knocking strategies used by others. I'm simply sharing another way to look at things, a way that can be verified by anyone willing to read a couple of years worth of messages on the Strictly Buy and Sell Set Ups thread. I don't think anyone can dispute your ability to pick sectors with long term upside potential. It's one of the reasons I have never placed you on ignore. I don't agree with a lot that you have to say but I believe in working with other people's strengths, and that's one of yours. My strength is in the "timing" of the position and the "size" of the position, and knowing when to take "some" profits off the table, or to cut losses short and wait for another buying opportunity. I try to maximize short and long term positions. I'm not just a short term trader. I will also play the short side of the market. As market conditions change, so do my strategies for playing the market. I'm not locked in to one style of trading other than technical based, and that's only because I don't have the skills to decipher 10 K's and 10 Q's. If I did, I'd use both FA and TA, but my focus would still be TA because TA is all about timing and setting profit targets. It's all about "maximizing" those long term trends that you have had success in picking. Please, let's not turn this into another discussion of TA vs. FA. If anything, let's turn this into how we can enhance both strategies. That would be truly useful, I would think.