>I have a lot of knowledge about the fundamentals of Compaq's business, their cash > flows, efficiencies, margins, and earnings. Daily price movement seems strange to > focus on when the goal is a stong, compounded annual return.
Are you aware that a monkey has done as well as many analysts ? You can make it science if you like.
>As an investment, doesn't it seem weird that all you are focused on differences of 5 > points? Why five? Because that's how many digits you have on a hand? Why not 10%? > 5%? Why not allocate a certain amount of your portfolio to invest, find the best > investment for that money (numerically, to the best of your analysis), and invest. Why > this hindge on a couple of points?
Why jump to conclusions ? Does it make you feel good ? 5 points was example, I am averaging down, you think it matters how its done ? Where did I say "all" and how do you know I have 5 digits ?
>Fly by night as long as you want. I hope your wings don't get clipped
Huh ? Jumping to more conclusions ? By the way you misspelled strong and hinge.
jim |