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.

Strategies & Market Trends : One trade a week -- Ignore unavailable to you. Want to Upgrade?

To: Patrick J. Saunders who wrote (58)	6/6/1999 9:22:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 89

Still holding the FLT Pat? You're a few percent in the money--do you just trade one stock at a time, I'd be nervous putting it all on one stock in order to try to replicate a series of 5% gains--a $3 gain in something like FLT seems an odd target, and a strange trading vehicle. Any further thoughts? My thoughts on this matter will follow soon (and maybe I'll just start up a "get rich on paper thread, heheh) --I am paper trading my account with now the technique of one stock at a time. In my real account I'm at 58k, but in the last month I've taken my portfolio's alter ego to 70k with two risky trades (captured 5k with 1000 INCY, and another 10k by putting everything into 1000 SEPR for a week). My real portfolio is now lagging behind the risky paper trader (which is all cash over the weekend, now with SEPR looking strong, I am tempted to put the paper portfolio all back into Sepracor). I will probably make a real trade on Monday-- those paper trades have made me cocky, so a little rebalancing in my stocks to load up on one which may be getting ready to run, will post my thoughts AFTER the trade is done.