re: this ones goneeeee..att : molonski
Hi molonski,
what Independant Foresters Report are you refering to ?
Another shocker today - this time TIM crunched. Very happy (in hindsight ) to say that I abandoned ship in TIM recently at $3.70 on the change of trend. As Edwin Lefevre stated so elequently in his book Reminiscences of a Stock Operator the successful trader does not try to make an intellectual arguement against the market - he/she acknowledges the trend and buys (or sells) accordingly.
A very big investor said to me last week he also was long gone GTP and TIM. In his view the investment landscape was too uncertain in MIS for the moment and there were too many profits there to not lock them in and watch in safety from the sidelines.
Cheers
GTP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held