SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Miller57 who wrote (1557)5/5/1998 1:58:00 PM
From: Dave V  Respond to of 9440
 
If that works I will kiss up also, <vbg>



To: Miller57 who wrote (1557)5/5/1998 2:05:00 PM
From: Ga Bard  Respond to of 9440
 
The BEST ... NO WAY ... I have a system and I play it ... I do my DD and I believe in it. I prey of the day traders running one I own and stick solid to my longs. I am patient and realize that if it still has Market orders from day traders coming just to wait and pounce back in.

I go against the internet tooth and nail

I have my losers and I just do the best I can. I do not have many that fail but I have had a few. And I will have more. NO ONE can PICK all winners ... NO ONE.

GB



To: Miller57 who wrote (1557)5/5/1998 5:39:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
Miller ... My e-mail is not a momentum / day trading e-mail ... it is a BTSing email. Now if you do not know what that means I will give you a bit of an overview.

BTS was coined off Bard's Trading System. Now I was sick and tired of losing money to pump and dumps and day traders. etc. etc.etc.... So I came up with a system that basically goes against the gain. Now BigDog, Jimbo and others are doing the following.

First we find SOLID companies and we buy in and then sell off PART not all but PART of our shares and keep the rest. That was we limit our loses and build a portfolio. Now once we half back our initial we find another one. AS you build the portfolio you suddenly find out that one of you existing a stocks has feel back for Day traders getting out and you buy more. Well you have more the stock than you had before and the next double out you sell half. You get back double your money and have more stock than you started with.

This supports the compnay and your portfolio and your profit. This takes into account nearly every obstacle. Also averaging down is part of it.

Now if you sell it all at the double and it goes on you have just lost a bunch of money. If it drops back to where you bought it then you only surrender half your profit from the double out.

EX. $1000.00 @ .50 = 2000 shares
runs to $1.00 you sell half and get back $1000.00 inital.
turns out to be a momentum run and falls back so you wait for more support news. You now have $500.00 profit. Next you hear it has news coming again. so you buy another $1000.00 @ .50 for a total of 3000 shares and ($1000/3000 = .33) so your new double out is .66 or a double out at .99. At .68 you could sell half and get back your initial again but at .99 you could sell half get almost $1,500.00 and you still have 1500 shares in your portfolio.

Now if the stock defines itself and runs bingo you got free shares to ride the wind.. No worries what so ever.

People think BigDog and Jimbo are day traders when it fact they BTS and are building a financially solid portfolio. ALso we have real time so we do not just want double out we want Quads.

AVBC was .05 and we have free shares and I mean a lot and it is holding strong at .31.

I can list a ton of stocks where if you are following this system you would be in the black. You have to get in solid DD and so forth.

POKR runs from .18 to .40 almost religiously. If you were using this system you wuold have rode it 4 times in six months. It is being accumulated and finding a support floor at .22 -.25 now so as you can see you support the company and your financial well being.

hope you understand this. If a momentum email hits one of my stocks I sell half and wait for the fall out of disgruntled day traders.

Hope you understand this logic.

GB