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Saturday, 05/03/2003 9:29:37 AM

Saturday, May 03, 2003 9:29:37 AM

Post# of 62520
Thoughts on the charts.
I was thinking as I was taking a shower. I have three criteria when chosing a stock to buy. Number one, it must have the 10% growth average per year. Number two, it cannot have more than 3 losing years in 10. Number three, it should have at least three good years running.

My thoughts were, what if I took the best year out of the equation in the quarterly average. Would I still have my 10% average per year. What if I took the worst year out of the equation? I really don't worry if the stock lost 75% of its value during that quarter because I would still have my pre-set -10% stop-loss limit order. But, would it elevate my thinking in the buy direction if the bad year was taken out, or the good year of say a growth of 55% was taken out leaving an average of 7% yearly growth from a higher 13%. These are things that I must think about. Don't be afraid to lose some months, quarters. Expect it. Expect to win more.

See you.
KG

#board-1616 & #board-3424 Seasonals rock.

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