Replies to post #206 on Mostly: Classical

[Ed Monton]

Hi Michael,

How do you decide how to allocate your funds? Are there any rules or guidelines you follow? Do you have a minimum or maximum number of stocks you hold in one sector at one time? If so, why?

I'm trying to figure out a rule of thumb for myself and thats why I'm asking all the questions. I think that I probably want to have more than one, but less than five in my trading account at any one time. One and I could get stuck in an illiquid situation, more than five and it could be hard to keep track of. What do you think?

Thanks in advance.

[KastelCo]

Hi Michael,
Wheat's makin' dough !! (SWPb) Decent news release at the bell may add a few good pennies :o)

Gold up added a bit this AM for a pleasant afternoon surprise. Should have left a stinker in for Alamos but didn't.

Lightened up on more energy this AM. I'm looking hard at that as I feel I may have overdone it a bit. Some trusts actually look like buys here.

Looking for some other longer term stuff but still waiting for DOW 10K... and beyond (whichever direction that takes ;o) or not... Great portfolio day here and on such a low investment percentage. Funny my cash is higher than my portfolio was not too many moons ago... tough bear go figure eh! ...


Interesting times. No real shoulder season pricewise..
Gold stocks not napping yet...

Watchin' Tesco closely.