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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (1541)12/22/1998 10:36:00 PM
From: Due Diligence  Read Replies (3) of 11130
 
A little Story:
Always dealt or held only Big Caps like GE,HD,LUV,TI. Then I ventured into to the others.<G> Sometimes you're just, PURE STUPID LUCKY. The first two i bought were 10 baggers and I didn't even know what daytrading was. Was really "PIG IGNORANT". But I thought;"man this is so easy." The Market never goes away; no labor problems, no competition,etc. After that whetting of the appitite and a good 3 months dose of reality that followed, I finally admitted that "you learn by your mistakes". The fortunate survive and the less-fortunate get eaten alive. Trust yourself and hope you have "what it takes". Thanks for letting me ramble. Still learning and fasinated. Oh, I still have my Big Caps. they are doing well,I think.<chuckle>
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