SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Investing for the January Effect 2000

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GBT who wrote (84)1/6/2000 3:11:00 PM
From: Q.  Read Replies (3) of 109
 
I took a 35% gain on PDX today.

That's 2 of my 5 stocks that have already reached my target of 35%. PROG and PDX

I also sold NMGC prematurely, taking a loss of 9%. It was the only tech stock among my five, and I didn't feel comfortable with the way that the market was treating that sector in the last couple of days. So I chickened out, and abandoned my original exit strategy of selling at a 35% gain or six weeks after purchase, whichever came first.

I'm still sticking with my original exit strategy for my two remaining stocks, LII and AOR, which are now -2% and +5%, respectively, from my cost basis.

Altogether, I'm up 13% net, for all 5 stocks. That's my performance for one week. The Russell 2000 is down a couple of percentage points, over the same period.

I'm very pleased.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext