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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (19984)	10/30/2006 8:20:18 PM
From: Jibacoa	Read Replies (1) \| Respond to of 23958

Back in 1977 Ira Cobleigh published a best seller titled: "Happiness is a stock that doubles in a year." You can still buy it at Amazon for $0.99 <g> In January RNAI was trading at $3.05 & at MRK's buy out price of $13 in cash it is a 300% gain since January, not counting some profit taking & buy backs along the way, which lowered the average cost, albeit at the end I don't know how much difference it would have made since I haven't done that calculation of what profit would I have made if I had kept all my initial holdings, which were lower after profit takings in spite of buy backs.<g> My goal is to try to average a 1% gain/day. Lets see, that is 5%/week x 52 weeks= 260%/Yr., but since there are several weeks in which there aren't 5 trading days, the right calculation should probably be 5%x 50= 250%/Yr. So I think I would take 300% in less than a Yr's time, which is more than 1%/trading/day, & especially since it is becoming much harder to achieve that than it was some 7 or 8 years ago.I don't know if it is due to the market or to the aging process.<g> I think I will take some of today's extra profit to buy a present for the wife, since we just celebrated our 51st anniversary. It doesn't seem that a whole Yr, is gone by since we had the party for the 50th.<g> I think I will use some of the profit to buy some resveratrol nutritional supplements after reading today's article on the WSJ & wait to see if Sirtris comes out on an IPO.<g> sirtrispharma.com