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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Kapusta Kid who wrote (23995)10/25/1997 10:29:00 AM
From: Mike McFarland  Respond to of 132070
 
Thanks for the tip. A fellow mentioned over on
the loser's thread (spelled looser if anybody
should need to cry about the market after
this coming monday) posted that we (the
losers) should read Graham's book, intelligent
investing. Maybe I will lose interest in trading
after I read it, God knows I have not had any
luck in trading yet...but happily, I have been
trading with money I could afford to lose
these past five years...and my 401k retirement
is still all in cash. Still, I would like to trade
myself back up in my IRA, where I've achieved
an astounding 2% per year return over the
last seven years:( When I look over some
of my picks in that acct, I see many good
ideas, that I simply got forced out of after losing
20% or so. I am starting to think my rule is
wrong--although I will say that if I had doubled
down on Tseng Labs, one of my picks
three years ago, I would not have done as
well as that piddling +2%!