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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: dara who wrote (202409)8/10/2011 2:36:50 PM
From: Veteran98  Read Replies (4) | Respond to of 312759
 
I'm holding quite a bit of baggage in particular OGC but I've been adding to my positions trying to get my costs lower... I was fortunate enough to take some money off the table April-May as I always sell when the buying gets too enthusiastic... Unfortunatley in this last cycle even with POG cranking we never did get unbridled buying so I got stuck holding the bag on a lot of stuff and I'm just riding it into the next cycle which looks like it might be a good one.... A lot of stuff like BAT, OGC, SSP, LYD etc etc if I didn't own it I'd be buying so I might as well add when I can and ride it out the storm and hope for better days.... EAS pretty risky but I was buying the last two days....always a sucker for the knife catches...



To: dara who wrote (202409)8/10/2011 6:52:33 PM
From: Canuck Dave  Read Replies (2) | Respond to of 312759
 
Looking at longer term charts, I don't feel so bad missing a one day surge anymore.

Interestingly, HUI:GOLD chart didn't really move much today. Lots of dogs out there. Took a long look at EAS tonight. Not much to get excited about. I hadn't realized CFO was delisted. I seem to recollect doing really well with it. Add it to the collection of stuff I profited from which no longer exist, I guess.

Buy and hold has its weaknesses.

CD