Replies to post #1469 on Research Pit

[starboy]

If you count GTE I am down about the same, otherwise holding my own. Tend to 'scatter' down here in pinkland to catch ones that have good CEO and team, good product or service, and can execute without heavy debt or dilution.

[Mr. Zen]

beig..typical summer time trading... it stinks why do I do it... next summers plan does not incluyde being at my desk...

# of holdings, depends on the type of stocks, do not hold more than you can keep an eye on and be updated with, unless you have some buy and holds...
my limit seems to be 20 stocks unless I have some holdings that are tucked away for 'my cash in date'... when that happens I will become a fulltime vagabond

[Jagman]

beigledog, I have a couple of mutual funds keeping my head above water, an electronics and natural resources funds. Seems my timing is better on picking sectors than individual stocks! LOL! Holding about 20 individual stocks, but only 10 or so that are "serious", the others are speculative "fun" plays. Plan on cutting back on the number of short term speculative plays, then use the funds to hit "heavy" on just a couple of speculative plays at a time. Markets are tough right now, IMO, war, energy, and terrorist concerns. But money can be made on careful speculative short term plays if careful not to believe the pumping bullschit which 99 times out of 100 turns out to be bullschit in the long term.

[jonesieatl]

beigledog, my results are mixed in my trading account.

Compared with July 29, the last trading day in July ... I'm dead even at the moment.

Taking the entire summer into account ... if I had "sold in May and gone away" ... I'd be 10% better off than I am now.

My own fault though, I missed a couple of no-brainer plays, and I didn't go in big enough on a few that I WAS in.

I had a heckuva Sept. '04 through May '05, so I'm not too bothered by it, plus, I'm spending a lot of time learning some new approaches to this TA thing, this summer has been sort of "back to school" time for me and I've only traded half-heartedly.

Maybe by next year I won't even consider "sell in May and go away", hopefully I'll be that much further up the learning curve and having too much fun.

jonesie