Buy H(I)gh... Sell H(I)gher!

[James48843]

You're asking what's wrong with the permabull - fear is winning out over greed. You wanna see my scars? At least it's not my foot.

Wow. The Birch? Permabull Birch? The "snort train" permabull Birch is getting itchy?

Hmmm.....

Now THERE's something to think about.

 

[Rod]

Finally... looks like folks are taking profit.

Hopefully USM will end in the red today being another catalyst for OSM to take more profit tomorrow.

Targeting (I) to drop below 23.00 by COB Thurs.

Perhaps a buy for myself COB Fri.

God Bless

 

[Rod]

Finally... looks like folks are taking profit.

Hopefully USM will end in the red today being another catalyst for OSM to take more profit tomorrow.

Targeting (I) to drop below 23.00 by COB Thurs.

Perhaps a buy for myself COB Fri.

God Bless

Dollar is in free-fall mode & I-Fund remains resilient... UP about .16 at this point in time.

That would give it a new high.

Something's gotta give... and real soon.

BUT, good on you if you have been riding this bull.

 

[Rod]

Something's gotta give... and real soon.

let it give... or would that be "take"???

For those of you currently stuck in the (I), you might be tempted to pull out today, and I can't say I blame you.

As you all know, I got caught up in the summer sell-off of 2006 and rode that (I) down until it got too painful.

BUT, if I would had simply stayed put in (I), I would had made back all my losses and then some.

So, what I'm saying is this- DO NOT allow your emotions to dictate your moves, ESPECIALLY if you are in (I) for the long-term.

Keep in mind, you do not lose any $$$ UNTIL you sell. In the meantime, your shares will remain intact.

The (I) WILL return to its previous high. Just give it time.

I just hate to see a lot of folks selling their emotions today.

You need to judge whether or not you intend to ride this thing out like I should have done last summer.

GOOD LUCK & GOD BLESS!

 

[GUCHI]

rod
so your saying if i'm in the I and let it ride i will be picking up shares at a lower price regardless of whether i'm contributing to the I fund ????

 

[tsptalk]

rod
so your saying if i'm in the I and let it ride i will be picking up shares at a lower price regardless of whether i'm contributing to the I fund ????

I don't think that's what he's saying. I think he is just saying don't let the pain of losing be the reason you sell because you could be selling at the bottom. I'm not saying whether I agree with that or not, but that's what he seems to be saying. Nothing about picking up shares.

 

[Rod]

Revising my bottom or "buy-in" range:

22.68-22.85

Again, these are simply "educated guesses" from comparing Feb (I) share prices.

God Bless

I now feel pretty good about this bottom range estimate I gave on Feb 17 since the (I) is now at 22.67, merely a cent from my bottom.

Like I said earlier, it's really hard trying to call the exact bottom. With the OSM definitely in for a sell-off on the 28th in reaction to USM, we could see more volatility through Thursday.

Now that the price has reached below my bottom range, I will not estimate another bottom range until we have some UP days in the future.

In the meantime, we may see more significant losses at least through Wednesday. I may consider buying in by Friday, depending on how Thursday behaves. I have to be careful not to buy the "slide".

Good Luck & God Bless!

PS: Thanx Tom. You summed it up.

 

[Rod]

Now that the price has reached below my bottom range, I will not estimate another bottom range until we have some UP days in the future.

Correction... I meant to say:

Now that the price has reached below my bottom range, I will not estimate my top range (the range to sell-off) until we have some UP days in the future.