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Re: wolfrun post# 3043

Saturday, 06/11/2005 6:23:40 PM

Saturday, June 11, 2005 6:23:40 PM

Post# of 44374
Wolf

No problem, I wasn't joking. I do feel your pain. Last year I averaged down on gtel several times and remember the feeling of, am I correct in dumping more money into this company. I wasn't correct then, needed cash and sold my lump for a loss & tax bennies EOY. After an 8 month M&M walk down. I was playing the company, not the stock.

After the retail traders left, the only ones left trading, and the average daily volumes & MMs accumulated shares reached the last drop of blood. The stock started trading on company execution again. I played the stock, bought back in, just in time for the double I expected from the company a year before.

My point, GTE is GTEL it is the company, love it, invest in it, but don't trade it, trade the stock!

We're looking for a way to trade it, not invest it. Investments are personal, trades are logical! LOL Mr Spock would have done well trading. IMO

IMO Only invest more on a down trending stock, (GTE) if you don't need the money. Else you have that, glass half empty feeling. Just another thing I've learned the hard way!

I've also learned how to trade a down trending stock & profit. Which calls for TA, a well thought out plan including, timing and good rules to follow!

I wasn't taking your post as a knock, as much as a feeling of frustration! We're cool!





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