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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (4158)4/30/1998 11:56:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Amigos and of course Amigas. The theme all week from the TA gurus has been sell everything and go to cash. The 3 Amigos have held our positions. Our portfolio remains intact as there was no reason to sell.

We pick stocks with solid fundamentals that will give back solid returns. We do not go for stocks that hype and fail to deliver. We base our analyses primarily on FA and not TA. There are plenty of TA threads on SI that have all of the averages figured out. If it goes up, then it went up, didn't it?

The Three Amigos maintain a portfolio for everyone to measure our performance. We stick to our method and will deviate only if we see a quick buck to be made in a day trade.

Again, I wish to reiterate that we've stood with our portfolio and not made a single change this week, except that we added new buys.

There are plenty of threads to go to if you are seeking to make a gain in seconds. For the most part, this is not a daytrader thread. We're not against daytrading.....sheeeshhhhhhhhh if you can make 100%
in a few minutes, why not? But, that is not what this thread is about.

I have sensed that the general mood on SI is to jump to on the horse that is moving the fastest at the moment. Thanks to all that have chosen to join the Amigos. We do not intend on being the fastest thread on SI for making $$$$$, but we do intend on being consistent
and being successful at what we do.

Sergio