To: smolejv@gmx.net who wrote (3209 ) 7/10/1998 4:08:00 AM From: Berney Read Replies (3) | Respond to of 11051
Alas. Today brings another day! I once did the tax return for a MVP football player. He complained that it didn't matter how many close games he won in the past, the only field goal attempt that mattered is the next he attempted. Isn't that true of all of us? Alas, it was wide right and he was gone. I think I need to bring into play a new indicator for the int'l markets. The Karachi 100 is getting killed again. You would think that India nuked 'um. Then again, it's red all over my int'l screen. I think all go to bed as tomorrow is going to be a wild and wooly day! To MG: I only wish that I could have some of those 5 digit annual percentage returns that JT has. Alas, the portfolios I'm playing in do not have that capacity. Further, I don't have JT's history, but TB is beating him handily in July and I should be happy considering some of the problems my fixation has represented or presented. Russia is, in fact, the wild, wild west. It ain't worth trying to anticipate the recovery. On the other hand, the West will pay dearly to keep it alive. DD obliterated my portfolio performance today, but I beat the Index and should be happy! MMM is still an outstanding key. I'm still convinced that the problem is not the acquisition decision, but the entry point that my limited technology allowed. Hopefully, I'll fix the issue in the next month. The nice thing like a sell-off like today is that it presents some great opportunities for tomorrow. Alas, the Big Boyz list is still working very well in this environment. I won't go into it on the thread, but I'm looking at consumer staples and some related health care stocks. It all goes back to opportunity costs. If I sell the sucker at the current price, do I have better opportunities to achieve a better return tomorrow? An interesting question is presented? Fear and greed -- right JT? Berney TB