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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (13317)7/28/1998 9:37:00 PM
From: KM  Read Replies (1) | Respond to of 42787
 
Good list - but you're missing a really great book - "What Works on Wall Street" by James Shaunnessy (1996). It's geared toward the investor more than the short term trader but offers strategies which are proven over time. For instance, I like to divert a certain percentage of trading profits into a "long term" portfolio which would be selected using some of the ideas in that book. We all love to trade (I'm hooked on it), but don't forget all those stories we read about the octogenarians who die with $20M fortunes, all accumulated through astute stock picking and never selling. I think of that woman in New York in particular who never made more than, I think it was $10,00 per year yet died with a multimillion dollar portfolio.

Off the soapbox for the night <ggg>. BTW, shorted me some Merck on that pop this afternoon.