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October 22nd, 2009 at 4:27 pm
David,
I agree with diamond. You have done a great job. I get exasperated sometimes, and frustrated, because I keep missing trades when they run away from me as I wait for them to hit your numbers. For example this morning I was trying to buy ERY and my first view was 10.81. You thought it would push down at the open so I was waiting for it to drop a little but it ran away from me so I missed the play again. While I was trying to buy ERY, ISIL was busy dropping. When I switched focus from ERY to sell ISIL, it was down so I was waiting for it to hit the sell range of 13.90 to 14.00 as you recommended. It never came close and I am still holding it, having bought at 14.05. I did buy ERY this afternoon at 10.72. I had planned to buy and hold ERY this morning anyway, feeling it was a good bet over the next few weeks or so that oil would be dropping. I liked your "gamble of the day" where we could buy the day before and take advantage of the pre-market spike. So many times a lot of the meat is already gone by the time the market opens and we get what is left over. The problems I have missing trades are due to my broker and my inexperience. You keep up the good work, you are doing a good job man.