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To: Westwoodguy who wrote (22637)6/13/1999 4:52:00 PM
From: Nine_USA  Read Replies (1) | Respond to of 29386
 
With all your experience and technical advantage over the buy and
hold guys, you sound like it is easy as pie to make 5% per month.

But even Warren Buffet has only made 22.5% per yr compounded, whereas
5% per month is 79.5% per year. Now I know you aren't making
79.5% per year (unless you are as good as the amazing shorts on Yahoo) so I am sure you are making a lot less than 5% per month.

My point is spending 6 1/2 hours per day with eyes and brain glued
to analysis of MM screen antics may get you something like 1.9%
per month (which beats Warren, btw) even if you are outstanding at
what you do.

I'd rather hold, not get faked out by the MMs, and have a life.




To: Westwoodguy who wrote (22637)6/13/1999 6:54:00 PM
From: doc  Respond to of 29386
 
westwoodguy,
do the charts mean anything going forward? or are they pretty much irrelevant now?



To: Westwoodguy who wrote (22637)6/14/1999 4:38:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 29386
 
Well Guy,

We got that gap @17 1/2 filled.

quote.yahoo.com

So, what's next? <g>

E. Graphs