Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: KevinMark who wrote (47671)	12/17/1999 6:39:00 PM
From: Triffin	Read Replies (2) of 108040

Kevin .. Thread .. Bottom line, people power provides buying power. Some picks are good and some are bad. It is up to the individual to decide whether or not to buy or sell. The key is to minimize losses and maximize gains. Period! Has anyone given consideration to pre-selecting 20-30 ( pick a number ) specific stocks to play ?? We would have a 'manageable' number of potential plays each day in stocks that the thread had already done a collective DD on so we eliminate the 'sleazy pick' factor .. Then we spend our time focusing on the stocks in our 'universe' that are in good TA 'set-ups' .. after hours could be spent on maintaining adding/eliminating issues from our 'approved list' This would be an ongoing dynamic process .. It would facilitate concentrating our collective firepower at the 'right' times .. More confidence in the stocks we trade as we already pre-approved them .. There will still be good/bad entry points etc.. and arguments about what stocks to add/drop from the list and when .. but the trading day should be more productive .. What do you folks think ??? We don't need a 'new' guru .. we just need to be smarter about how we play .. I'm ready to get off the thread merry-go-round Jim in CT ..

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