Those that are credible will make themselves
know and are relatively easy to spot
I actually keyed this in before I saw your most
recent post...same idea.
Of course you can make money following the credible,
as well as the incredible. Perfectly good stocks
sometimes trade down etc, some of the worst have
make a few rich.
Speaking of credibility, I've always thought James Grant
sounds wise, brilliant etc, and it is amazing some
of the really bad calls he has made. It is almost as if
the more certain you are of something, the more surprised
you can be later...that is certainly in true in my job
of weather forecasting...maybe even more true with investments.
Okay enough of that: Trades this week...halved a position
in GENE to take some gains, did well on that, remaining
shares can sit and cook for a few months before re-evaluation.
Took minor losses in ODIS--it cleared $5 but then settled back,
think I was in at $5 1/8 and out at 4 7/8 or something like that.
Any other trades I made were adjusting long term positions, and
not for this thread. Oh, finally I'm two parts cash five parts
stocks, heavy on the cash as market looks ripe for a fall.
Good luck out there.
--MM |
