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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (6230)1/4/2000 7:31:00 PM
From: Venditâ„¢  Read Replies (2) | Respond to of 19374
 
X

Re: Do you hold anything long term or just a short term technical trader??

I always adjust my portfolio at the beginning of the new year to reflect 70% of my holdings invested long term in only aggressive growth blue chip stocks such as MSFT, AOL, T, LU, CSCO and others.

I then take 30% and do what you see me doing openly on this thread. My trading account always out paces my LT account in % of gains so I basically just add to my LT holdings each year when I re-balance.

I think that Im afforded a great safty margin using this method but at the same time it gives me a very aggressive growth opportunity.