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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Qone0 who wrote (33765)8/18/2021 1:32:30 PM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
Lou Weed

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That is possible (hitting 10). As I outlined in a previous post, I take countertrend positions whenever it gets too far/too fast from the trend and then use half of the profits to build a long term position in it. So my holdings are "free". If I were to sell all my positions, then I am likely to forget about it and miss on a potentially big play.

QS is not the only one in my portfolio with that outlook. I have several positions that I am treating that way. BFLY, CHPT, DCRC, (hopefully soon BYSI) are all in what I call "phase 2" league. Any of them has a potential to be a huge winner. But seeing how huge winners are long shots, most are likely to fail or at best break even.

Then there are companies like CGEN and NVTA that are in "phase 3". So long as they execute and increase revenue, I will keep adding to them no matter what the market does. BFLY may join this group within 6 months.

The rest of my portfolio is in large well understood companies with long history. And I am still 40% cash.
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