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Politics : High Tolerance Plasticity

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To: MetalTrader who wrote (11413)1/3/2002 6:15:11 PM
From: chowder  Read Replies (1) of 23153
 
Hi MT! Count me as one glad to see you back.

As usual, your insights are spot on because I agree with them. <g>

>> Aggressive, decisive and disciplined should serve well in the next twelve months. <<

From my perspective, I'd also like to add "FOCUSED."

Instead of shot gunning a sector with numerous picks, I'm considering focusing on a few selections and playing the patience game. (I may change my mind later.)

If I can pull a 3% return each month, compounded for 12 months will come out with better than a 35% return.

By timing my buys, I'm looking to take larger positions, and I intend to show no patience for stocks that don't perform immediately. I'm also looking to do a little more work with the weekly charts, to pick up some longer term positions.

If the market continues to trade in the "bull zone," (above the 200 dma), I may start looking into buying break outs as opposed to hollow red candles at the bottom of a long trend.

In addition to the word "FOCUSED," I might add "FLEXIBLE." We must be willing to change as market conditions change.

Round em up, and move em out!

dabum
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