I think that aptly describes my investment style. I have a dozen stocks or so that I watch and study. I do my due dilligence, get to know the people running the companies, on paper at least. And then I watch opportunities come and then watch them go. I am too slow to pull the trigger and sell a portion or all and the stock has a pullback. When there is a pullback, |I don't have the liquidity to jump in. It has happened so often, I could have retired by now. However, I am learning. And I recognize that NOT is in the "accumulate" phase. They are sitting on a great reserve, they have had drills turning for a couple of months with no report, despite our feelings about the BOD, they are pretty slick and will look after themselves. In doing so they will look after me because I am picking up what I can on the dips. I am not a TA guy but we seem to be bouncing on this bottom for a while now. I am sick of talking about the merits of the ROF and I am sick of watching. I am looking forward to the fall when I am anticipating all hell will break loose.