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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Tim Hall who wrote (9649)3/4/1999 10:39:00 PM
From: JACK R. SMITH JR.  Respond to of 14226
 
Tim,

I wish to submit to you my personal best wishes in your investment.

I certainly hope and wish for you to make a very profitable investment.

Simple as that,

Jack!



To: Tim Hall who wrote (9649)3/5/1999 10:29:00 PM
From: JACK R. SMITH JR.  Read Replies (1) | Respond to of 14226
 
Tim,

Today, your stock went down by over 13 percent. Should have dropped 20 percent by your calculations. Are you getting better, or do we need to recalculate?

You still think it is going up? Do you have stops in place?

Pardon me if I rub it in a bit. Happens to all (or most all) investors that I know.

Let me rub a bit further.

A few rules of the prudent investor:

1. Cut losses short (comment--I almost never follow that rule)

2. Let your winners run (comment--I almost always take profit prematuresl)

3. Trade with the trend (comment--What fool wrote that rule)

4. Do not overtrade (comment--What and miss the fun)

5. Consider limiting risk (comment--risk is fun)

6. Do not try to pick tops and bottoms (comment--stupid--why not try)

7. When winning, increase your number of shares or contracts, and conversely, when not winning, decrease the same (comment--I can make it up when the sun rises again by doubling)

Hey, Tim, see, I know the rules!

Trader, Jack!