Yes, often only weekly, and sometimes i missed weeks, forgot -g- ... seriously, sometimes i was out of the country or upcoast out of touch for months at a stretch ... did a lot of trading using GTC orders, and still do, just pick the points that seem reasonable for buy/sell, put in the order, and see what happens ... but also years ago i had a broker who was a good friend, he had trading authority on the account and could handle the speckie stuff pretty well, did lots of churning at three to five per cent commission each way though -g-
Through a lot of years mostly i held boring canadian chartered banks, had my own picking method, i'd look in saturday's globe and mail for the one with the best p/e, buy that ... not foolproof by any means, often that meant upcoming problems, but in this country they had a license to print money and always came out ok ... i had some luck along the way with that, two examples were two times i had proceeds of land sales ready to put into stocks, one was the day before the Olympia and York crash took cm.to from 36 to 26 in one day, the other was 04 or 05 Dec '96, day before Greenspan gave his 'irrational exhuberance' speech, all the banks sold off ten per cent, i got filled about nine per cent below where i expected ... pure luck, had better than a double on them and was all out by spring '98 i think, plus dividends etc
Slider is right, it's all about valuations, no more speculation on vague concepts ... well with a loonie invested in bay.to you get roughly two ounces of economic silver, that can't be irrational can it? .... cheers