GOLDBUGS AMEX Goldbugs Index (GOLD)

[4Godnwv]

bob3 - My strategy has always been to build a core position in certain PM's, while swingtrading (even daytrading) smaller blocks -

Actually that's how I came to play the pennies - I took a few dollars out of my pony stocks and went to the dog track of trading, lol

As I waited on the next run in the PM's, I'd 'play' the pennies for a quick profit (or more often a quick loss) -

Anyway, that has become my style now, and I find myself with smaller core positions and a larger rotation of funds on a daily basis.

Your play on SLW was impressive, imo - buy the momo, and don't get greedy -

I picked up something from BB (i_like_bb_stocks) - "$500 a day keeps the job away!" I started thinking about smaller profits and a smaller percentage of my holdings on the table at any one time -

That 5% (my guess) you took in SLW today may not seem like much to some, but those trades add up - and we don't have to give up core positions in our favorites to do it.

Here's to more of the same my friend. Kudos.
4God