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Strategies & Market Trends : 50% Gains Investing

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To: Canuck Dave who wrote (12801)12/8/1999 12:46:00 AM
From: Dale BakerRead Replies (1) of 118717
 
CD, I have been roasted and toasted enough to be wary about crashes. I know this can't last and some of my paper gains will switch direction (at least temporarily).

But I am having a helluva lot of fun on my PC these days, especially with the Bosnian winter closing in outdoors.

I set up my defenses through diversification and stop orders. With about 50 stocks now, a couple could go bankrupt tomorrow and not damage my account too much.

And while I am only up 117% compared to Rich's 135% (great job, Rich!), a 10% drop in my account still leaves me up 97% YTD, a figure I can live with.

Let's see if we can't keep the streak going, everyone. My goal for the year was only 100% so this is gravy time.
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