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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: vagabond who wrote (95520)9/11/1999 9:39:00 PM
From: changedmyname  Read Replies (3) | Respond to of 119973
 
sure vagabond... I have a "longs" portfolio that I don't really touch (even have a live broker for it!).

I was trained by O'Neill and Ryan, the people that put together Investors Business Daily. I was taught all about charts, Relative Strength, EPS rating, CANSLIM, etc... a lot of the chart stuff I use in intraday trading.

So my longs are things like CSCO, INTC, MSFT, EMC, PFE... stuff that I have held for years and years.

Even have a couple mutual funds so I don't have to 'manage' all the money.

I do rotate some positions every few months... things like CNXT and CIEN... more risky imo than MSFT, but I can hold them w/o checking a quote everyday. So the core holdings stay core holdings... and then I'd say about 25 to 30% of the 'longs' portfolio are rotated every 3 to 6 months.

I agree on RMII... but I was after the pop on news, and briefly considered it as a potential "long" play when it was stuck in the 8s.

Thanks for your kind words.

Jason