Berney; RE:" Wretched Excess "
TechSpaetzles going bonkers, mate (^_^)
Otherwise, drugz are ok and retailers are weakest part of the rest of my BigBoy mix. I finally whittled it down to 10 stox, TB...
PFE - Pfizer
WLA - Warner Lambert
SGP - Schering Plough
WMT - WalMart
HD - Home Depot
SWY - Safeway
WAG - Walgreen
BTY - British Telecom
FTE - France Telecom
DT - Deutsche Telekom
...and threw $10K at them @ MKT on open 04-JAN just like I did for the 10 TechSpaetzles. Nothing fancy here, dude - the "rule" is to throw $10K at the 10 BigBoyz (and the 10 TechSpaetzles) once each quarter on some perceived dip or, if I haven't done so by quarter end, gotta suck up and buy the plan at end of quarter regardless: your classic buy-and-hold stuff.
I regret leaving out the financial sector already, Berney - the timing wasn't right for retail entry. But other than the brokers, the only banks I really liked were in the EU, and I went with telecoms there, which I certainly don't regret so far!
Meanwhile the buy @ open 04-JAN gives me a YTD reference to follow for four quarters, and the cost of this dumb strategy is about equal to what I make by trading every quarter; so in essence, I'm shoving trading profits into TECH + DRUG + RETAIL + EURO bellwethers, and that's the whole idea.
What kinda stox/resolutions did you come up with for the new year ?
-Steve |
