Mostly: Classical

[Sexton O Blake]

ROTFLMAO! That comment put a damper on watching porn? What a crock of seagulls!!

I was in Montreal, and they had some closed circuit broadcast within the motel (motel = dive = where is the easy button that says get me the hell out of this hole; but they made the best chicken club I have ever had) were running porno. Now this wasn't your average run of the mill stuff. Basically equivalent to the bins at WMT - where they sell movies for $6.99 - junk of porn. I had stayed there a few nights and one night I turned it on and there was a Lesbian scene. Not just any scene I must admit - two rather large >300LB lesbians!! That in itself is enough to make one laugh - but wait - it gets a lot better. One of the women was stimulating the other woman - and proceeded to lift "flaps of flesh". (this was late at night and nothing else on so what the hell right?) I am watching and waiting - and asking that question that burned in my mind "will rising this next flap hit pay dirt?" NO! "This one?" NO! .. "This one?" and on and on it went. Never got past the flaps and I moved on. HORRIBLE junk. Now that would cause most to be turned off porn for life. Anyways my constitution must be a bit stronger than yours I suppose.

At any rate perhaps today is a day of reckoning for you CD.
Harry Reems is alive and well. In fact he turned into a preacher for a short while and today is selling Real Estate - check out wikipedia http://en.wikipedia.org/wiki/Harry_Reems .
This means of course, that comment no longer is valid and you can go back and watch as much porn as you want! You are free friend... FREEEEEEEEEEEEE!!!!!

John Holmes died of AIDS though. (in the lounge the drummer goes.. badda bing..)

So SVM must have stalled and went down? What was the time period of the $10 and then later rise to $20?

NGX.WT is just junk shit. Load the boat and hope you sell enough of the lottery ticket to make life worth while. That is the biggest problem with those. Who in the halibut would have thought it would go north of 35? I've seen (HAD) penny stocks that were in trading ranges for over 20 years - and you figure ok it is 5-10c to 80-100 and then it comes back. But you did right selling half.. which is part of what I like. The other angle would be to sell less than 1/3 of your position - enough of it to cover the entire cost and let the rest ride. Then as it comes back - you haven't lost any capital - then if it comes back to say 22-25 - load up again.

Even on the big ones I am against the selling all theory. I like to sell 1/2-1/3 then more in another round - regardless of commish.

As per William O'Neil - he buys then waits for it to go up about 2% then buys more then another 2% buys again for the last time (I think the quantity diminishes over the next two of the three). The theory being that rising is very good - so instead of throwing the entire pool at the beginning - and potentially lose money if it drops, you add (at the beginning only! - remember my disaster with PMZ) on strength.

Funny as I have new perspectives over the past couple of years. You see so many holes in "expert's" theories. On Market Call the guest will say "yes we held that and have taken a loss but feel it will come back" or on Fox when someone is buying at the 52W high another says that is way over valued and you should BUY LOW SELL HIGH - Dines has no problems with the BUY HIGH SELL HIGHER theory. Besides, as with Newton - momentum as it hits a new high - it continues to hit new highs with nothing to cause it to stop.

My model going forward is to always make proper purchases - large quantities - and have about 10-20% cash for "sales". In the past I would make foolish buys - I had $1500 - so why not buy up to ## shares and that will be ok. Then that one moved well and I had so little a position it made no real sense.
Then again is the $$ v. %% problem. As with the DOW up 50 or down 199 - all noise. The % is far more important.

Thanks. I agree on the cash register stuff. Another failure wasn't just that I never sold but I never USED THE PROFITS OF THE SALE (outside RSP). Instead just throwing it back into the pot for the next one. Based on previous blunders I could have had more of the house paid off, new car, trips etc - material things. So part of my new strategy involves allocating gains - still about 1/2 would be put back into the pot but some for taxes; home; family etc.

Cheers!
B