paul 52 i have now won my bet, page-7

Any company's share price moves through stages of ups and downs.

I don't know about you but I have come to realise that the reason I buy shares is to make money. There is no other reason why I do it. I have had to learn the following (the hard way):

1) Do not fall in love with a stock (I loved PCL and it caused me agony after the ecstacy).
2) They always come down eventually, always.
3) When you have a good profit and there is some danger of it becoming a lesser profit, take the money. It is a good thing to make a profit. It doesn't mean you are giving up.
4)You can ALWAYS buy back in.

So for RDF I will say this as I said yesterday. Right now there is no reason to sell. IF the weekly prices drop below the 30 week MA (which hasn't happened since the middle of last year) then for f$%k's sake take the money!!!

When this break happens the odds are against continued growth in the near term. It doesn't matter one whit about US installations or PE ratios or planetary alignments. The simple fact is the sellers are outweighing the buyers and it gets worse as more people lose money.

I strongly recommend that you all wait until the end of this week and see where the weekly charts are. Maybe wait for the monthly charts to show a decline (end of the month) but whatever you do don't ride it all the way back to $1.00 just to prove your loyalty or your love.

I bought PCL at 0.091 and rode it to 0.21. By that time I was smitten. I was dreaming of 0.35 or 0.50 but where is it today? I finally sold at 0.085.

If RDF bounces off the 30 week MA then keep riding that baby, if it drops below then it's time to cash in your chips ... for now.