| Author |
Message
|
| CJ. Wentworth |
 Posted: Thu Feb 16, 2006 8:24 pm Post subject: I guess I'm a holder |
 |
|
Investing Sr. Associate
|
Lol. In another post it seemed that the only way I'd be able to play the game was to buy and hold (as I were normally asleep or at work when the market opens)
Last night however I was awake to buy and sell and it seems as though that option should now be driven from my mind. Self sabotage in selling my 3 GOOG shares at 355 when they ended at 366. I know it may not be much to some, but to me that would've put me in +'ves. Anyway, I'm #10 active atm lol. |
|
| Back to top |
|
 |
| vetelmo |
| Posted: Thu Feb 16, 2006 8:44 pm Post subject: |
|
|
Moderator
|
Congrats! 
I was -3.5% But i have started to turn it around. |
|
| Back to top |
|
|
| remotivator |
| Posted: Thu Feb 16, 2006 9:07 pm Post subject: |
|
|
Investing Sr. Associate
|
I guess I should try to be more active here. I've had an incredible turn around this month. Historically, Feb is the worst month for stocks by far. I got rid of a couple of dogs the first week, but the ones I'm holding now are doing me right. I've gone from -3% to about +5.6% on currently helds. WAHOO!  (Now if I can get my over-all month average up...) |
|
| Back to top |
|
|
| geb9696 |
| Posted: Fri Feb 17, 2006 8:00 pm Post subject: |
|
|
Investing VP
|
| remotivator wrote: | | I guess I should try to be more active here. I've had an incredible turn around this month. Historically, Feb is the worst month for stocks by far. I got rid of a couple of dogs the first week, but the ones I'm holding now are doing me right. I've gone from -3% to about +5.6% on currently helds. WAHOO! (Now if I can get my over-all month average up...) |
Where did you get this information from? I was reading The Stock Trader's Almanac and it would seem that September is actually the worst month for stocks followed then by February. This information is based on since 1950 to present so the info you have is probally more complete and that is why its different I am just curious where you got it from.
Last edited by geb9696 on Mon Feb 20, 2006 6:36 am; edited 1 time in total |
|
| Back to top |
|
|
| remotivator |
| Posted: Sat Feb 18, 2006 6:17 pm Post subject: |
|
|
Investing Sr. Associate
|
OOPS...right...I meant Sept. Ur right. (I was pretty tired when I wrote that. Not sleeping well this week)
But of course, my basic question in principle stands. No sense in holding thru a loser month when you just about set your watch to it, right? |
|
| Back to top |
|
|
| Im Not Warren Buffett |
| Posted: Sat Feb 18, 2006 7:11 pm Post subject: |
|
|
CFO
|
| remotivator wrote: | | But of course, my basic question in principle stands. No sense in holding thru a loser month when you just about set your watch to it, right? |
I don't see it that way. If certain months, for whatever the reason may be, tend to lower stock prices, why not buy then? And if you have confidence in your current holdings, why would you let the calendar flipping over change what you think about them? |
|
| Back to top |
|
|
| jdunn72 |
| Posted: Mon Feb 20, 2006 6:24 am Post subject: |
|
|
Member of The Month
March
Joined: 26 Jan 2006
Posts: 1407
This Month: 0
11661.05 e$
Net worth: 11,661.05
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| Im Not Warren Buffett wrote: | | remotivator wrote: | | But of course, my basic question in principle stands. No sense in holding thru a loser month when you just about set your watch to it, right? |
I don't see it that way. If certain months, for whatever the reason may be, tend to lower stock prices, why not buy then? And if you have confidence in your current holdings, why would you let the calendar flipping over change what you think about them? |
I agree, building depth in your position can help increase gains. If you are really concerned (based on your holdings perfomance in these months) get yourself some put options and make some quick money at the same time.
|
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
