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To: Boolish who wrote (123360)10/12/2013 12:42:15 AM
From: Berry Picker  Read Replies (2) | Respond to of 233884
 
Knife catching - did a lot fo that in my time for two main reasons

1. Did not want to miss the low
2. Wanted to feed my ego proving how T/A savvy I was

Cost me dearly

Catching the top - did a lot of that in my time - guess why LOL

I once heard of a trader that would say

"I don't need the first piece of pie and I do not need the last
but I sure as hell am gonna try and take the rest of it"

Guessing a top or bottom is just that - recognizing one is better

Be a King and let the tasters die!



To: Boolish who wrote (123360)10/12/2013 1:19:30 PM
From: heinz44  Respond to of 233884
 
Yes I certainly agree ....I had that exact conversation with someone from here the other day



To: Boolish who wrote (123360)10/14/2013 4:55:51 PM
From: small pockets2 Recommendations

Recommended By
Berry Picker
Boolish

  Read Replies (2) | Respond to of 233884
 
Farm Out ...Premier

BLOCK 2B FARM-OUT AGREEMENT CONCLUDED
Through its wholly owned subsidiary Lion Petroleum Corp., Taipan signed a farm-out with Premier Oil plc of the UK on 3rd October 2013. Under the terms of the transaction, Taipan will retain a 45% interest in block 2B and will continue to be the Operator. Premier’s investment in the block is presently capped at $30.5 million