"Retained" is the wrong word. Nobody, but nobody ran that bubble like you did. And I really didn't run it at all. When I saw the CRA and HGSI secondaries go out? I got out, keeping a position trade. As the market came back, I rotated through three position trades, all winners. My portfolio actually grew thru the popped bubble.
Took a big hit later, however, rolling, position trades, through Tularik pre-bad news and Elan, post-first disaster, pre-second (and now third) disasters. Big positions, bit hits, but modest compared to resources.
So, while your performance looks like the Cascades, viewing from the south from a distance? Mine looks like a long grade up to a high plain, subsequently chunked down into a deep canyon and then run back up to the high plain.
"Retained" wrong word.... most of the increase has come AFTER the bubble.
Cheers! Rick |
