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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2886)1/12/1998 10:27:00 AM
From: Sue  Read Replies (1) | Respond to of 11676
 
Hi
I agree, I never new anyone could fall off the basement floor so many times! My new years resolution is to buy stocks ONLY on the way up, not on dips. I finally got the message its better to pay two dollars on the way up rather than a buck on the way down.Also have too many plays as you do John.

Respectfully

Frank M



To: Buckey who wrote (2886)1/12/1998 12:49:00 PM
From: the Chief  Read Replies (1) | Respond to of 11676
 
John it appears you may be suffering from a "fungus"!!!!!!!!

Like a fungal infection, stock buying can also spread. Even 10 is too many junior stocks. I never, never, never carry more than three.

My approach:
If a fantastic opportunity arises, I evaluate that opportunity against the 3 stocks I hold. If it is a better opportunity than what I own, I sell one of the three and buy the other(even at a loss). If I can't force myself into selling one of the original 3 then I don't buy #4 no matter how good it is( because obviously deep down I feel the other thre are better). Yes, you miss some, but its a good way to evaluate what you hold at any one time.
Juniors are just to volatile to own more than three, IMHO.

Lastly, What is the "BONk message", that you refer to ??????

papa smurf

aka

the Chief