I mean year not Years. If what I bought today pans out I should have very good year. I own thousands of share from last year on both JDSU and QCOM, I bought QCOM 13 months ago, even by selling half of it, is still my number one holding, where JDSU is my number two, even though I added to JDSU today. SO the both of them rule my port. I'm expecting great things out of both of them in the years to some, they should out perform my CSCO holding going forward.
Here is part of port., nearly correct in %, of course the shares amount are higher. you have to add 000,000,000,000. that many zeros LOL I wish
siliconinvestor.com
I have held CSCO for a long time, but I have this bad habit of selling it off to buy others stocks.
I have a lot other $ elsewhere, funds, etc etc.. I'm playing with 1/2 of my money. Just send off checks to our IRA, I was hoping to hit the bottom in the both of them. Plus the kids have trust funds I set up, then there is school funds, blah blah blah
My portfolio is ruled by my margin amount I have. I like to keep it at 60%, meaning 60% equity to margin. So the % I buy of new holding is related to that. It was at 84% yesterday so I have a lot of money to move in with, starting buying today, since I feel we had a blow off. I never buy all I want at once, I like to wheel in, maybe 2000 shares or less, then build, always with a game plan, where I will sell at if the buy was wrong, I never set at what level I will sell at, I let the market tell me that. LHSP is one stock that I'm violating my 10% down rule, since I believe it's time has come, and I don't want to be out of it due to the damn wash sale rule.
I come to the conclusion that ELON's story is going to take a long time to develop before we see mass consumer market, XTND vol. is too thin, heck I bought it yesterday at 95 sold it at 98 96 and the damn thing dropped into the 40's before it recovered, I don't like those kind of games. I have a feeling PDLI and the rest of the bios have started to make bottoms.
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