Pain of the longsLike all longs, I feel the pain of another cycle of sp rise going into a report, followed by drop back. But this is where the discipline of the long comes in. Have to stay in. If/when major settlements announced market psychology will change and sp will run up instantly. Have to stay in to catch the wave. But there is no way of knowing when or if: could be in 2009, could be not until 2010, or wheels could fall off in the meantime. Speculative stocks: they are what they are.
Gormless