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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Cytotekk who wrote (8154)7/7/1998 2:25:00 PM
From: Mike McFarland  Read Replies (2) | Respond to of 34075
 
re "You are a daytrader with questionable timing"

Questionable, no, terrible yes--why that day it ran up a
few weeks ago, I got back in to the tune of 30k shares
at 3/8ths, and then I had to sell half when I was
immediately 20% underwater, as it sagged back to
under thirty cents. On the other hand, you know what
they say, a bird in the hand. I think you will do well
Cytotekk if you're in for a decent price. As far as
being a daytrader, no, I am not, I already had a position
as you know--although til yesterday I didn't even know
that trading had been suspended all that time!! I had
unboomarked the subject and was going to hold til it
hit my target. I usually hold things on a time scale of
a few weeks to a several months. Why I even have two
stocks that I will hold for a year probably, maybe more--
so I'm not exactly a daytrader.

I do have a real job, and while I have made more so far
this year playing the market than at my job, I believe a lot
of it was dumb luck and a hot market--no, I would not want to
be a professional daytrader either.

I think your post could have been reasoned out a bit more
before you saved it, but I can understand if you were a bit
cranky, ideally, you would want everybody to hang on and
let the MM's walk it up, unfortunately, as of the time I
sold, the reverse was happening. Good luck and kind regards,
Mike