To: CLK who wrote (181 ) 4/13/1998 1:53:00 PM From: REB Read Replies (4) | Respond to of 1364
*a bit off topic* Good Morning from the West Coast Gents; Speaking of new players I though that I should step out from behind the curtain, so to speak and say hello to you all. I guess you could call me a lurker, perhaps now an ex-lurker, but I must say that being a newer investor <2years I've learned quite a bit from some of the more balanced people in this forum. I must admit that this is a great place to find new budding companies before they become coffee shop trader names, but I still have problems keeping my emotions in check when reading some of these posts. Last month's Greenline newsletter had an interesting article on whether rational speculation was possible and talked about company fundamentals vs market whims. So here's a question for all you seasoned traders out there. Here's a little story. After following this thread for few weeks and doing some digging I put in an order to buy some NUKE at .22 which happened to be the day it jumped to .30. I then waited to see if it would come back down but couldn't pick any up; so I put in an order at .34 but someone else got those. I raised my bid to .36 and proceeded to watch it jump to .43. Feeling very depressed, counting my missed gains, I then decided to say that I missed this one and would catch it again in a dip in a few weeks. I was all but over it except that I find myself sad again to see it up to .51 this morning. What does one do when he finds himself in this type of situation? I am right aren't I, that one should make a rule to say that he missed this one and should just wait for the next one? An unrealized gain is better than a realized loss, isn't that how the phrase goes? I'm not expecting an easy to understand wrong answer here (I love CLK's quotes) or any answer at all. I'm just curious what some of you out there have for trading rules to deal with missed trains. *on topic* Don't know if it helps but the following site has a nice write up, diagrams and pics on IEC fusion.ne43.ne.uiuc.edu A couple of notes: If Rhombic holds the patent on the spherical and cylindrical designs why does it seem that everybody and there dog are working on similar designs? Not one to say that it will never happen but, according to this paper the energy output to input relationship of an IEC device is Energy Out/Energy In = 10^-10.