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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: - with a K who wrote (18611)2/13/2004 7:29:46 PM
From: - with a K  Read Replies (1) | Respond to of 78998
 
Charming teen quote of the week. This from my 15 year old "student" who bought his first stock in October and whose parents paid me to teach him and his older sister the basics of investing:

"P.S. thanks again. Another thing is I sold xxx which is a huge mistake in buying it but that was way back when I didn’t know really what I was doing, but now I know a lot more and Im continuing to learn."

I share it only because after nearly 20 years the market sometimes tells me I don't know what I'm doing and I'm continuing to learn, too.

<VBG>



To: - with a K who wrote (18611)4/14/2004 1:02:54 PM
From: - with a K  Read Replies (2) | Respond to of 78998
 
Feeling nervous so raising cash and locking in profits to protect my 12% gain YTD:

Sold BDK (for 10% gain) and trading positions TVIN (24% gain) and JDSU (2.2% gain). Did a 2 week scalp of Dale's AMPH for a 13% gain and will keep the remaining shares as a LT hold. Letting AUO run. Waiting for KTEC to do something, or at least till Q2 earnings April 22.

FWIW, my stock contest ended April 1 and one of my portfolios finished first with a 44% return. Felt darn lucky :>) Stocks were IMDC, WLS, STHLY, HELE, and ARO. My other portfolio did not fair as well (only up 2.5%) because of hits to MAXF and UTSI.

NASDAQ up 11.65% since the start of my contest; S&P 500 up 12.15%; Dow up 11.67%