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Strategies & Market Trends : Three Amigos Stock Thread

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To: Magnatizer who wrote (3975)4/28/1998 4:11:00 PM
From: LTK007  Read Replies (2) of 29382
 
Max has rolled the dice big time(gulp)--I just sold 5 stocks from
my short-term portfolio at an estimated loss of 8k,and bought MORE
Horton at 17.5,and my cost-basis is now 19.3.If DHI goes even lower
I will buy some more.I am now and making DHI my only stock in my "anything goes portfolio".But because my cleaning -out the "losers"
in my portfolio,I must raise my cost-basis from 19.3 to 20.5--so anything above 20.5 is gravy,if we can get to 26 by July I will be a very happy camper.I will continue,when I think I have a stock to bring
to the group,to do so,eventhough I will not be making new trades at this time unless a sure thing happens.
BTW,I practiced for the first time,taking a significant loss to
better position oneself,I did so as I am still in the green.MAX
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