Trader J (Jeff). I got up early on Christmas day (as us older folk often do), and read your wonderful post about your new daughter.
To-day, I get up on new year's day, and read your thoughtful post about investing in these crazy markets.
Thanks for your time and effort to both inspire and educate us.
I just stated "playing" the Nasdaq market about a year ago after many years of "investing" in the Canadian TSE where I still have all of my retirement money. Unfortunately, my wife, who invested a small inheritance last year in GICs (paying 3% annually), did a lot better then I did this past year.
I try to do DD, but found the stock movement completely irrational and unrelated to the financial basics of earnings, assets, ROE, PE etc. I have been "playing" the market by trying to find a newsletter or individual with a good track record. I get tired on threads where all I read is EGGS! EGGS! or THIS IS THE NEXT AMZN! etc. etc.
I find this thread the best for reasoned discussion of the market, and appreciate knowing what each person is doing ie. ASCT bought at 4 1/2. Unfortunately, I fear that as this thread gets more popular it will begin to have more of WOOD: something incredible will happen! It is too bad that we can't get a forum (with a small membership fee) to make sure this higher level discussion continues.
Anyways, must take the dog (and me) for a walk. Thanks for your concern about us, and the best to you and your family for 1999. |
