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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (7511)6/15/1999 3:24:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Here is an example of how NOT to manage your portfolio. In comparison, the 50% Gains Portfolio is down 14% from its all-time high in 1999.

To: Jenne (10067 )
From: Robert Rose ( Ignore ) Monday, Jun 14 1999 8:54PM ET
Reply # of 10138

<Ive never seen it this bad.. never. >

I haven't either, Jenne. My portfolio tanked between late July '98 and early Oct '98 about 50%.

Since April 12, my portfolio has tanked 55% as of today and the blood may still flow further.....

To make matters worse, I am now margined, while I was cash-positive then.


But on the brighter side, I just sold my ebay for an 11-fold profit!!