BionicBoy
Your recent posts have confused me.
Your Post No 2987245 12/6/08 @ 11:47am stated;
"I reckon this has has a major bounce coming.
Way oversold imo...I just bought in."
Which was correct - that statement or your latest post 2997852 of 14/6/08 @ 19:43;
....."Was the suspnded Thommo correct to buy 150K worth of ABS at 91 cents.
I personally would have waited."
I interpreted your earlier comments to mean that you had bought ABS on June12 before 11:47am (presumably for more than $1:00). If that is so how did this deliver you Thommo111's $4500 on Friday?
Further, in Post 228319 [14/6/08 @ 05:58] you declared;
"I thought everyone uses stop loses.
Mine are generally tight and at around 5%. Seems silly but have been caught before not implementing a 5% stop loss.
Like you say....you can always buy back in when it seems safer.
I suspect hotcopper will lose many posters this year as the market toils with their hard earned money. This week even has seen many put their hands up and call it quits. See the BNB thread."
Again, in response to my post 2996787 of 14/6/08 @ 09:05 & in your post no. 2996805 of 14/6/08 @ 09:13 you stated;
.... "I have been trading ABS and doing well. Looks like Thommos $4500 loss was my gain on friday. Currently I hold some. My view on ABS is updated as I get new info."
As stated earlier, you have me very confused.
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