re: oriels recommendation - what i like SG
Remember when HDR was $2.40 ... then it went to $1.40ish????????????? Well .. my strategy and my advice is to take part-profits at $5 (or earlier if you must LOL!!!) to lock it in....then PARTY - because its good for you psychologically to reward your patience!!!! I find this is easier to do thsi if I have several holdings of HDR (I have the following 3) ... long-term shares (personal shares and in the super fund - sell some at $5 and hold some for $10!!), shorter-term shares to trade the moves (if HDR goes to $3+ I'll sell some of these and rebuy on any subsequent weakness, then hold them for $5+), and a leveraged holding thru margin lending or CFD's that you trade frequently for money to live on!
We all know its not "easy money" and that there will be volatility .. but its nice to be that much closer to pay day!
Cheers
H
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oriels recommendation, page-38
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