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Re: tradersrule post# 26502

Wednesday, 05/04/2011 9:14:33 AM

Wednesday, May 04, 2011 9:14:33 AM

Post# of 101798
Who are losing all their money? We Longs or you whiffers and runners? You took your shot at bat, leveraged up and are having problems guagiing the dips. I managed to load up way on the downside and my subsequent three leverage ups were on the high side each time, but I am still up over 350% and still increasing. You keep harping on that we Longs will be left holding the bag..... and I believe you're right, only it will be filled with gold. And you have such disrespect for us that you too fail to realize we know we're in Pinkie Land, and we're subject to diving out when the time is appropriate. I don't know what you do in the real world, but I've been in the oil patch for over thirty years, and sometimes you just have to trust your instincts and either push on or pull back. My grandfather drilled the first oil well in New Mexico history. It was a dry hole. Had he gone another 100 feet, he would have hit oil. I think we can go another 100 feet here. And, this is play money for most of us or we wouldn't be drilling in the Pink Zone. Serious play money for sure, but the potential rewards are worth the risks. JMHO

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