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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: WHL who wrote (4645)7/29/1998 4:22:00 PM
From: J. Nelson  Respond to of 25548
 
WHL: You ever read the Strategy by M. Zweig's winning on W.S.?

The downs are better than the up's.
IMO if you hold a stock and it drops 10% it must rise 11% to get back to base.
Now if you hold a stock and it drops 30% it must rise 43% to get back to base.
Yet if you hold a stock and it drops 70% it must rise 233% to get back to base.
It's easy to see that a key to successful investing as the good DR. said is
avoiding the big loss by trust. Just trust the company will give it's investors
and stockholders reports on a timely mannor.

The secrets are simple it takes way to much time for anyone to get on to the issue
on the 233% rise so most take the 43% over five or six times to equal the gain.

Back to reading. na, time to call /