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Re: Setonian post# 8929

Friday, 05/27/2005 11:19:46 AM

Friday, May 27, 2005 11:19:46 AM

Post# of 53980
Setonian - In response to:

waitedg....I thought you just sold 1/3 of your holdings, I don't consider that as seeing a sturdy bridge ahead.

Actually I sold 1/4 of my shares at .03. I hit one of the "outer edges" of the process stages that Terry described when one buys and averages down, then buys and averages down again, etc."

Sometimes we need to let go of the reins (is it "rains", TR??), step back and get a refocus. Did so, looked at the other side of the street where the grass looked greener short term. But decided I liked what I had--and besides Sambeaux needs a little company in his laments.

So--a sturdy bridge? Heck no--its onward through the fog. But TR implies there may be a little bridge building. Add two cents of faith--a long shot mentality--and hopefully a sprinkle of intelligence--and may have a good recipe. On the other hand could this be a "recipe for disaster"? My hunch after much thought is to get back to a 100% position, hopefully rebuy my 136,000 shares sold, and if fortunate--pick up some extras in the process. Waitedg

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