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denmo83

06/27/05 11:07 PM

#12667 RE: pmiles #12666

pmiles...

In my reco list at Clearstation, I have 13 gold stocks listed. Both BGO and GSS were added on March 1st. One is up 11.51% and the other is down 21.12%:

http://clearstation.etrade.com/cgi-bin/drill_open_positions?PortfolioName=recommend&usernm=denmo...

I'm not recoing anything, however I do own them all. I like to get an over all view of the gold stocks at a quick glance.
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BlissBull

06/28/05 12:20 AM

#12668 RE: pmiles #12666

peter - it's called "concentration" (as opposed to "diversification"), and it limits the chances of an error... in other words, if you have two positions open, you have doubled the possibility of making a bad trade... also, less stress since it simplifies your exposure... I do it fairly often with good results... for example, I am much more comfortable with nothing but oils, even though I am very tempted to buy some BGO, GOOG, SIRI, etc...


"MELT-UP" TIME!!!