Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (5052)	1/10/1999 5:59:00 PM
From: Berney	Read Replies (1) \| Respond to of 11051

DJ, Welcome! The annualized return for the DJIA for this past week was 840%. The S&P was a much more subdued 432%. I always get entertained by annualized returns. This week I posted my various positions. I don't generally do this because I seldom hold things for more than a few days, and often for only a few hours. For example, bought 500 ERICY late Friday at $26 3/8. The sell order is already entered at $27 7/16. I'll take my 4% (hopefully) and run. In fact, if I'm holding something more than a few days, it usually means my entry point was screwed up. I want to take advantage of this incredible run, but we know this market can turn on a dime. Now, I'm doing this in retirement accounts, where I don't have to be concerned about taxes. I realize we have different strategies. I'm comfortable with mine. Berney