To: REW who wrote (21931 ) 3/26/1999 10:00:00 AM From: slaffe Read Replies (2) | Respond to of 44908
Hi Bob Where will the price of tsig go today? Up, down? After listening to so many pundits, I decided to give my answer in their fashion. Yes, it may go up or it may go down. As we sit here with baited breath awaiting the open, I suspect many of us are expecting to see tremendous volume and price swing today. We may get a grand opening pr today. If so I suspect many will sell on the news in the traditional wall street fashion. That's ok by me. That will just shake out the momentum players, possibly drive the price down and give me yet another opportunity to buy on a dip. The price may go up, that's ok by me also for I bought tsig with that goal in mind. But how far? I doubt if it will come anywhere near my sell target, hence no selling will be done by me today. The point of this post is that I made a long term commitment to my tsig investment and today is just one more day in the tsig saga. I do suspect that we will see volatility today, next week and into the future. Personally, I grow weary of reading posts from supposedly long term investors that whine over the daily fluctuations and worry about the price dips. We know tsig to be a solid company with many long term contracts already consummated and more in the works. How our baby has grown. Rather magnificently imho. Has we go into this new stage of development I have increased my position to a all time high and I'm in a position to add if the price dips. Has far as selling, not a chance-at least not at this level. Yes I post that disclaimer for I may sell a small portion at a higher level so that I may have the necessary funds to accumulate on any dip. Does that make me a momo player? I think not. I refuse to let my position drop below a level that will jeopardize my sflb. I know that it will only be a matter of time for this irishman to be delivered his pot of gold under the arches of the tsig rainbow. Steve