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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (4397)1/18/1998 2:52:00 PM
From: Ward Nicholson  Read Replies (1) | Respond to of 10836
 
ValuePro:

Thanks for your response. I honestly don't think I'm all that
skilled or gutsy. Perhaps I spend more time studying the market
than most. Whatever skills I have were definately acquired (not
always there). I lost a tonne of $ when I first started.
What can I say? I love the game.

I guess I've learned that one of the most useful qualities one can
bring to the market is flexability, or the ability to change his
opinion/position instantly...without having to go through any kind of
drawn-out, psychological attitude adjustment. In others words, I'll
believe it when I see it, but until then I'm equally willing to
believe either side of the story depending on which side the market
seems to be taking. Most people seem to think that you have to take
one side of the story and stick with it, i.e., never change your mind.
Not only can that become a major assult on one's ego when the market
turns, but it can certainly be detrimental to your capital. I guess
I learned not to fight the market...I'll just play along side it.

Now watch KRY gap up $1 Monday morning off the open (eeek!).

WN



To: Valuepro who wrote (4397)1/20/1998 8:13:00 AM
From: Blue_Horseshoe  Read Replies (2) | Respond to of 10836
 
What does a short have to gain here??? If KRy loses and drops to say $1 - 1.5, they stand to pay 1 1/2 - 2 a share. When KRY wins, and skyrockets to at least $10 US, they will lose200-300%. The reward for the shorts at this level do not justify the risks!