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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (31754)4/17/2003 9:14:13 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Pezz, Have a fun Easter long weekend. We will be joining friends for dinner tonight, inviting other friends to dinner tomorrow night, splicing in a lympho massage tomorrow AM, and tagging on a swim here and there. Then, on Sunday (Monday is also a public holiday), I travel to the from our foci of SARS ellipse to Beijing, that nook of concealed SARS, presumably flying in a plane in which I have to battle that nasty looking bug (saw the electron microscope pic of the critter and it be ugly).

My gear: mask, surgical goggles, medical gloves ... a sort of home-made bio-hazzard get-up ... used to survive the hot zone flights.

I am not terribly concerned, but that is probably because I do not understand the situation.

<<How the hell do you find time to research all these stocks in all these different countries?>>

Research? That is too much work and I do not have the time.

I dispense with research, only reading the on-line company description, check the 1 year chart, have a sense of what was happening in the country, and edge myself into a stake, wait and see, add some more, wait and see, watch the crowds gather (increasingly positive news reports on macro and/or company) add some more, hold fire, and then exit as the thunderous herd rush in.

I could have researched the iDotComs and eSlashNets exhaustively by reading the 10, 20, 94, 253 page reports that was passed around not so very long ago, and ended up broke, feeling completely not well;0)

I do read the annual reports (and not just the pretty pictures) when watching over a small stake or contemplating a larger position.

Chugs, Jay
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