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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (3370)	12/16/1997 1:46:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Ron, I picked up a few shares at 11/32 this morning. However, my comments related to the potential market reaction when it sees Runyon's 144. I love cheap shares, the lower it goes the more I'll buy. I am never smart enough to catch bottoms or tops so I average both up and down. That kind of matches the probability of the momentum. I use TA, but hedge to win. I earn less than I could if I just could buy at bottoms and sell tops, but I earn. I haven't learned to execute timing perfectly. The more I work the market, the more I understand that achieving perfection is very unlikely. <VBG>