LostCowboy, the feedback loop idea sounds fine! Did Tom Veale write it? That little book you read was not the little book I read(msg# 3454). I think investing can be reduced to some very basic guidelines: 1) Do I have enough money to invest? 2) Is the stock worth buying now? 3) Buy Low Sell High! 4) Go to #2 Next to this one needs the skills to know what worth buying means, and that is less easily done than following my 4 steps for investing. Conrad