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Re: Churak post# 178

Wednesday, 12/07/2005 12:02:29 PM

Wednesday, December 07, 2005 12:02:29 PM

Post# of 249
Churak - I'm a swing-trader myself [whatever THAT is] but agree with the essence of what you just spouted -

Personally, I ride the indicators - they go up, they go down - the sooner you catch them in the up cycle, the more potential reward and potential risk as well - the longer you wait the less reward and risk you face - buying them on the down trend should only be done by people who are on huge quantities of medication.

When folk start talking about the lastest momo being a sign that we've struck GOLD - it's usually time to bail -

On the other hand, when they are cussing the CEO, CFO, COO, each other, every chartists that ever posted on the board, Jim Cramer, and MM's in general - I take another look at the indicators, cause the bottom is often [not always] near -

The dog-track is fine, just don't kiss the dogs!

I like Jim Bishops take - all stocks are junk - if you lose money on one, don't be surprised, sell it, it's junk! If you made money on one, be thankful you made money on it, it's junk, sell it!

GT's
4God


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