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Strategies & Market Trends : simplicity -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (42)8/8/2008 2:33:43 AM
From: bullbud  Read Replies (1) | Respond to of 90
 
Who's next? I really don't know. My approach has been to place a small bet on a half dozen sub-pennies and pennies. Most in the Gold/Copper sector. You never know which will turn out to be the real thing. That being said, GSPG caught my eye as having the best shot. The others are a bet that when the Gold bull hits full stride, ANYTHING with the name gold in it will run. I'm down as much as 70% on a few but the bets are so small, it doesn't matter. GSPG has paid for them all with nearly a thousand percent profit to boot.

I think they call it the shotgun approach. It works! A few years ago I bought SRLM @.25. It went to 7 bucks before giving most of it back. I sold bits of it all the way up. Bought SLGLF around the same time. In @.04. It went to .75.

None though have the drill results of GSPG and it was by far the cheapest.



To: ~digs who wrote (42)8/8/2008 11:27:31 AM
From: bullbud  Respond to of 90
 
I just hit 4,500% on GSPG. Sold 1/3 on today's continued run up. I've never seen anything like it. Still have my core position from .0013.