may be above 0.1 this week, page-17

Hi ivantheironworker mate,

Since you have asked i would like to let you know my crazy thoughts about the market... the way i see the current maket condition is that you need to have a sort of a 3-D model...say for e.g. in terms of stop - loss, people just use the price as a variable...in my opinion you should add time as well...because in this market every second is money and i don't want to hold on to much longer if i feel that the sp is not going to make any move shortly....(not just because i wanted to make money...at present i cannot afford to stay longer...i just started into this market in last Nov with 500$) Today I'm having a portfolio of $14000...(after margin loan) My strategy is to buy the companies with a bit of volume...let say in this specific case i bought bbi 210k @ 0.084 i wait for the price to go to 0.096 in couple of days not more than that...if it goes up, then i have order at 0.096 for 185K units..so i keep the rest...This is for building up a portfolio for long term strategy... (but in case if the sp does not go up...sell the whole lot and take the money out to look for values anywhere else...)but i'll buy/sell only the quality stocks...
But though i made a loss today, i freed up a capital of ~16K and i bought into MCW at 0.17 for next couple of days with a target of 0.19....
So i think it is important to consider 'time' as a one of the variables in stop-loss calculations...
Sometimes it is also just luck...(for e.g. bbi did not go back to 0.05) if it could have went that low, then i might have incurred a huge loss...however now the general feeling (along with the charts) is that the sp will not go back to that stage in this case... even whatever happens to BNB, we know bbi will go on...take an example of bbw... even they paid an interim divided for last 6 months... and they are working fine... i think bbi will do the same thing as bbw however with a time lag of 2 months...

I don't want to take too much time mate....sometimes i do understand i take plenty of time of other people to have a conversation...anyway i'll be more happy to discuss further if you would like to ask anything...

Cheers
PMT