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Re: Not_Bill_Oneil post# 28

Wednesday, 12/13/2006 8:33:36 AM

Wednesday, December 13, 2006 8:33:36 AM

Post# of 96
Thanks, Not_Bill, I appreciate your kind words.

I lost about 16% of my working capital on NMX. I foolishly dumped shares of XRTX and SAI in my IRA so I could buy NMX. The loss is about the same in that account, but as luck would have it, losses in an IRA aren't tax deductable until all distributions have been made, which won't be for another 15 years or so. Think I'll just take this one on the chin, because I won't remember to keep my records around for that long.

I will check out Carter's book. Never actually read a book about investing, thus far. Only excerpts that have published on the net.

You're right. I was looking for a "revenge trade" after this, and while I haven't lost anything, I'm about where I started.

It's never as simple or as good as you wish it would be. At least not so far.

Thanks again!

Fish