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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Just My Opinion who wrote (1799)	6/30/1998 1:51:00 AM
From: Alan Brezin	Respond to of 3817

SI Definitions: Short term trader...5 -15 minutes. Long term investor...25 minutes to as long as it takes to read through the current days posts and weigh the + vs the - . Alan

To: Just My Opinion who wrote (1799)	6/30/1998 6:58:00 AM
From: Ditchdigger	Respond to of 3817

<I am here for the long haul> I don't understand why the "longhaul" can't included stepping aside at .25 and stepping back in at .16, a savings of 36% losses? Isn't that rational decision making? Sell 50K shares for $12,500 and buy back the same shares for $8000 if you still believed in the stock?This would equate to $4500 savings(on the way down) and the ride back to .25 would result in a $4500 profit,resulting in a 56% net profit. If you bought originally at .31,your break even point would be at .22.I don't agree with the stigma you place on traders(day,shorterm or midterm) vs. longterm holders....DD got to run....have a good day.