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Politics : American Presidential Politics and foreign affairs

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To: ManyMoose who wrote (3560)	1/30/2006 8:26:30 PM
From: Peter Dierks	Read Replies (1) of 71588

I have done adequately with my investment philosophy. My trading account is up over 33% in the last 13 months. OTOH the bubble burst was very humbling. A 33% gain can be erased in very short order. My EMC investment was valued over 12 times my investment. I did manage to escape with a 120% gain over several years. If I had followed my gut and rebalanced at the peak, when EMC was valued at around 30% of the portfolio... (Are those violins in the background? I often sell stocks after a nice run, and miss whole additional leaps. I just closed out a 25% short term gain in FDRY because it had a nice run, the company is not doing that well, and it was a small investment based on a analyst recommendation. One technique is trying to dump anything before the losses mount. I have lost so much in so many securities over the years by hanging on to get my investment back. That is now rarely a problem.

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