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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: RFH who wrote (10460)3/16/2000 5:43:00 AM
From: THE FOX  Read Replies (2) of 18928
 
Good morning Bob,

I thought I was up early this a.m. until I read the time
of your message.Thanks for the encouragement.
I am fully invested in the retail sector . I had been down
about 14 to 15 % for the year before yesterday and all of
a sudden our portfolio gained 7.1 % in one day.My next sell
on Office Depot(odp) is $13.80. I double checked my order
at Waterhouse to make sure in was on file . I strongly
feel if I am able to remain invested using A.I.M./Newport
long enough to generate some buys and sells then my
inclination towards trading may slow down. I found your use
of a stop loss order very interesting . The wildest thing
I ever did in the investment arena ONCE was use margin. I
was a nervous wreck. I think the excessive trading occurs
because I read each and every post on this board and from
most indications I get cranked up attempting to generate
a larger investment stash so I can be invested in more
stocks. My investment $ is fairly limited but I believe
as I read more of the posts here, improve my abilities to
do research as a member of an investment club , and expand
my horizons I will have the opportunity to enjoy the "Lichello" method on a greater scale.

A Sly Fox in the retail sector
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