Well hello Kevin, Really nice to hear from you again.
Actually, what I really try to do is know where I am going to get out at the time I get in. And, generally I place my sell order as soon as I have a confirmed buy. From there, I may reconsider my options and make changes. As for that 20 - 25% annually, I look for something that I can make 20% weekly in. I like rolling stocks, and when you can get into the groove with one, you can hit a lick, get out, and hit another lick. The damn stock price may not go up over 10% a year, but you may get that 10 percent every week. I used to practice what I preach, but got in lust with this dog, and ended up having to almost start over again. Luckily, I dug out another $2500 and made a three day double, then about 70% twice and recouped what I lost. Now, I have some money floating in WCOM that is an annual 50% hopefully, but at least a steady gainer until I can find something that will pop. Trouble is, that things have to settle in the big market for a couple weeks in a row so everything else will settle down. IMO, when the big market is sliding steadily, then the pennies are where I want to be.
BTW did you get that snail I sent you? If not, I am back at original address again, so send a howyouall.
Later my friend,
Jimmie |
