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Maxell46

12/29/09 10:52 PM

#15834 RE: Tommy105 #15822

The washing machine just tumbled a bunch of scared investors round and round :-)
Been there myself one to many times.
Was once a buy and holder...
And I bought and held.
And kept on holding.
Nary a thought or plan in my noggin on when I'd sell.

No fun getting wipsawed.

Nowadays I buy
and I sell when it says sell.
I pull profits out.
I do not allow pennyland to screw me any longer.

Cashed out the last of my 450,000 shares at .0141 ( had to chase it as it fell :-( Damn that was a quick descent!!!!)
Re bought those plus 50% more ( 700,000 total) of them at .009 with the money I just sold the 500,000 for.

I'll do that a few more times and wind up with 2,000,000 by the time we get to .03.

Buy and hold?
Not for this burned once to often lad.

Today was tough to watvch and I felt badly for those who had to go thru it.
But...it HAD to happen!
The pot boiled over and it HAD to be taken off the stove to cool things down.

Hoping for a nice controled upward day Wed.