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Strategies & Market Trends : Three Amigos Stock Thread

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To: jmj who wrote (7305)7/29/1998 7:10:00 PM
From: Ditchdigger  Read Replies (1) of 29382
 
JMJ,great post,this isn't a thread about a particular stock,more a thread of ideas,whether that be market conditions or an interesting stock. It is up to each individual investor to do their own DD and make their own investment decision. As to getting frustrated to early,that to is a decision to be made by each investor.I stepped aside last time the market had a small correction,saved 4.5% retracement on my IRA mutuals. I decided to do the same yesterday,as my funds were up an avg. of 25.8% YTD{plus 4.5%<g>) ( a stellar year by any standard,especially when history shows an average of +10% per year). As a test example of the jitters,I will keep you updated on that decision..currently I saved .503% of retracement. I will say,when I saved 4.5% retracement the last time-it was well worth the decision..DD (to each their own,I saw no strength today,domestically or overseas. As far as my IRAs,the risk isn't worth the reward,at this point, IMO)
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