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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Debra&Jeff who wrote (796)	4/28/1998 11:55:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 9440

You know what the most significant aspect of BTS is? It absolutely, metaphysically, WORKS!! You may not get the 10 bagger on your whole investment, but with rollers you can have a hell of a lot of fun. And you really minimize your downside risk(assuming your purchase wasn't a fraud to begin with, in which case any XYZ system would fail) Want more proof? Consider this. If you went to a poker game with three of your friends and did a modified poker version of BTS at the game, i.e., took profits equal to initial stake off the table and hid them in your underwear, and continued playing with winnings(free shares), and then stowed away portions of future winnings and quit when you ran out of future winnings, how many of those three guys would be your friends at the end of the evening? Would you ever be invited back? I say screw em. They don't make my mortgage payments, do they? That's why I don't play poker. I don't got to kiss up to my trading screen. And I get to play the next day. The only hindrance I see to BTS is...if everyone did it. But then, thankfully, the lure of the 50 bagger on the whole amount keeps most from wanting to do it. TG

To: Debra&Jeff who wrote (796)	4/28/1998 11:58:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 9440

BTS is a method for folks to make limit orders to get back their money when it at least doubles out. Now I know that goes against the momentum stategy but what if you dump and it goes like SURG you miss a ton of equity in your account. Now it you BTS and it falls back and you believe it will prevail you buy back in and you have more shares and a cost of less. The next run you begin to make profit. Sooner or later you hit a solid runner that defines itself. I have tried and been working on the old fshioned way of staying int touch with the real world. Heck I rarely even pull up Yahoo anymore. Most of that information is out dayed and naysayers use it as a sword especially short traders. In the old days you would call your broker and hope he had a good favor in the pulse of the industry. THAT is how people made money of course if you got a lazy broker his information was really slack and you lost money,,, (I know I lost a bunch to these guy) because all they want is the commissions. I am a private investor trying really hard to get people to use common sense when trading. I have a couple of one stock that I will not sell no matter what. MIDL ... Others have those types of investments too. I have others like AVBC SURG BLHG CNHH which I am long on but I will BTS but only at an extremely high price range. I do have rollers and if I KNOW with 99% assurance one is going to go up because of the love of the internet sure I will jump on. I wished I had listened to Bob and bought PNLK. :-( I just have to have to much information I guess. I like to invest on good rumor and DD. We all have our styles so may we all make good picks and ALL OF US USE COMMON SENSE when trading. GB