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Re: westeffer post# 5456

Monday, 06/14/2010 1:30:04 PM

Monday, June 14, 2010 1:30:04 PM

Post# of 96918
Good morning everyone!

Have I missed much, or is our little gem doing exactly what it is supposed to be doing?!?!

I haven`t been able to contact and speak with Mr. Signorello as thoroughly as I would have liked, so is there anyone who knows of the best way to get in touch with him?

I am in the process of relocating to Canada, so taking a quick trip to Virginia is, at the time being, out of the question.

It looks to me like all is well with the stock, and the action on the tape also, in my opinion, and it looks to be under accumulation. The insiders relieving of pressure looks like it has subsided, and I even see accumulation occurring on the institutional side.

I have one off topic point, of which I hope none will object, in that I attended the Trader`s Expo this week and at that expo there were two offers of promotional campaigns (free investing lessons and attractive deposit bonuses for forex), so for more information please contact me, and I will try to communicate these offers via another medium.

Back on topic, Mr. Westeffer, thank you for the private message, and I am currently near a third of your position size, and will aim to hold about a position of about two thirds of your current long term holdings.

Take care everyone, and remember the wise words of Jesse Livermore:

I think it was a long step forward in my trading education when I realised at last that when old Mr Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the main movements-that is, not in reading the tape but in sizing up the entire market and its trend.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. Old Turkey was dead right in doing and saying what he did. He had not only the courage of his convictions but also the intelligence and patience to sit tight.


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