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Re: aaCharley post# 9932

Wednesday, 10/01/2003 2:54:45 AM

Wednesday, October 01, 2003 2:54:45 AM

Post# of 47146
Hello Charley, I am not out to sell the Reverse Scale method to you. Its aim is to pick a basket of stocks that might become ten baggers in a few years. If, after one or two years, some stocks just don't move, I would just liquidate them and pick new ones. It is not in the rules, but it seems logical enough to me. I would use some kind of rule like: I expect a return of 20% a year on every stock. If, after some generous period, some stock doesn't meet that rule, I would sell it. (With my kind of luck, it would start to move after I sold it.)

By all means, pick a strategy you are comfortable with. It will make it a bit easier to follow.

(edit: BTW, I think this also answers your other message. It is perfectly possible for the RVS strategy to be profitable without a 10 bagger. You still don't have to like it.)

Regards,

Karel

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