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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: pooh who wrote (44422)6/14/1999 2:33:00 PM
From: kendall harmon  Respond to of 120523
 
HRB-anyone watching this one? Ask to days high



To: pooh who wrote (44422)6/14/1999 2:39:00 PM
From: Spartex  Respond to of 120523
 
Pooh, thanks! Investing using fundamentals, patience, and research, along with a knack for knowing that a company's management is doing the job (e.g. in a turnaround, NOVL) has been a great part of my strategy. I really don't have the time to use a "trading" approach, but more power to those that do. So far I'm up 300%+ since Oct98 annualized, and 600% if I count the use of margin. Of course many will stay away from using margin, and I respect them for that. But strategic use of it can be powerful to enriching ones gain. And believe me, the past 6 months are not a typical year. Nonetheless, I have been pulling out 70-100% per year the past 4 years, but the past 8 months have been exceptional. Best wishes, QuadK



To: pooh who wrote (44422)6/14/1999 2:47:00 PM
From: Tradelite  Respond to of 120523
 
Long-term investing.....everyone has a different style and tolerance level. It's interesting to hear the range of opinions.

I heard a story about a fellow who was heavily invested in stocks during the famous October crash. He was out of the country on business at the time. When he got back, his portfolio had recovered to the point that he was only down fractionally----his broker said he had no idea what had gone on while he was traveling. Just think---he escaped a major case of nerves and probably saved 10 years worth of stress.

I still find it more profitable to hang onto stocks until they give me the percentage return I seek. This might take days or a month or two, but it usually happens. Trying to call the bottom of every stock before taking a position in it can also be more trouble than it's worth for me, because I don't have time to watch the screen day in and day out. Setting tight stops has definitely not been profitable.

I often go back to the same stocks over and over again. It helps to find a few you trust. About two weeks ago, I noticed WAG bottomed at 22-23 and bought it at that level, just like I'd done in the past. Within three days, it had given me an 11.5 percent return so I sold when the stock appeared to bog down at 25 11/16.

Best thing for me to do this afternoon get away from the computer and go do some other work.