SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (54296)10/15/2004 10:40:29 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
>>The right sectors now and for the next five years are technology, financial services and health care.<<

Now hold on there a minute, ACF! Two of the main themes on this thread right now are precious metals and energy. I can understand why you'd pass on the glitter of gold, but how the heck can you ignore what's going on with the energy sector? Seriously.



To: AC Flyer who wrote (54296)10/15/2004 10:42:34 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
:0)

MFST finance.yahoo.com @ USD 28
INTC finance.yahoo.com @ USD 20.5
QCOM finance.yahoo.com @ USD 42.5
CSCO finance.yahoo.com @ USD 18.5
CMCSA finance.yahoo.com @ USD 28.5
EBAY finance.yahoo.com @ USD 94
YHOO finance.yahoo.com @ 34.5

<<It is my opinion that you should be committing right now to large cap tech and internet stocks like MSFT, INTC, QCOM, CSCO, CMCSA, EBAY, YHOO. I think there is a very good chance that this kind of portfolio will appreciate by 500% or more over the next 5 years>>

... if so, Starbucks coffee will cost USD 12 per cup, the US will be competing against China in turning out industrial fasteners, and the house in Boston you wish to acquire will require north of USD 10 mn.

Very exciting prospect.

Chugs, Jay

[Key words: ACF Mike Picks]



To: AC Flyer who wrote (54296)10/16/2004 2:01:51 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Hi AC - there was a study done about five years ago by an University (UC Berkeley, I think) about the results of retail investors. They were able to get computerized, anonymous data form a large retial brokerage (likley Schwab) of a huge number of accounts - (something like 50,000 +) over a long period. As expected, the vast majority of what they called active traders (maybe 50 trades a year) did worse than any of the indexes, even in bull markets.

There was however, a fraction of the traders, about 5-15%, who were able to make about 15-25% per year average per year for 5-10 years.

The 15-25% per year is not quite hedge fund territory, but does overlap with some of the better mutual funds.

Based on what has been posted on SI, many of the posters on this thread and the energy oriented Boom Boom Room Thread (sort of the successor to Strickly Drilling) have been able to do as well or better.



To: AC Flyer who wrote (54296)10/16/2004 6:04:42 PM
From: Taikun  Read Replies (2) | Respond to of 74559
 
AC,

<There is a sure-fire way to get wealthy, however, and that is to identify macro-trends, identify the sectors that will do well as a result, and then buy and hold the leading companies in those sectors. Ask Warren Buffett.>

He owns a healthy position in PTR. What sector are they in? Did you follow him on that trade?

David