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Strategies & Market Trends : One trade a week

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To: Dwight Taylor who wrote (35)2/24/1999 2:03:00 PM
From: Mike McFarland  Read Replies (1) of 89
 
Fun to "reel" somebody in...but I wont
dazzle anybody with this year's performance!
I did just great last year, but then I
figured I needed to ease up on the trading
and buy what looked like good investments.

For the year, I'm only up 20%...in fact, I see
just about all my stuff has ticked down today,
so just 15% now;-)

If it was the 50% a month thread that brought
you over--mainly I just wanted to see how that
fella would react. Hell, I'd settle for 50% a year
--and aiming for diminishing returns is probably
a smart way to play. It's absurd to think anybody
can get those extremely high returns for more than
a month here or there, and in time, traders ought
to give it all back.

Sorry to disappoint...I'd like to have said I've
doubled my money this year, but my stocks have
been pretty quiet of late.
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