Sunday, May 23, 2010

"Break Time" is Replacing "Play Time"...

     I like nothing better than Playing The Market.  Everybody knows that looking for the next 20% Gain is exhilarating to me.  Well, lately; not so much.  I got the Market Blues in May, but I think I'm making a mistake in This Market. 
     Not that we lost on Ports, but the gains are just too slow for "The Rush".  After [painful] analysis of YTD Gains, it was made clear to me that--- if we'd NOT taken profits and just Held, we'd have only have 3% Net less Port Value.  This, when I won't pick up the phone for a 5% Lead!  OUCH!  With the massive flux we've had in the past month, the results may be skewed (our intern is on the ball), but I don't think I'll put forth much of an effort in the next month, only to reamin on the Treadmill.
     It is true that I have Taken Profits at a pace not exceeded by "Sherman's March to the Sea".  Not to mention the thousands of docs I went through to Pick "Winners".  Tracking down "Big Gain" was much more Fun when there was alot more Gain to track. 
     Call it the Frustration of The Market mixed with Market Malaise, but I need a Stop Loss Break
    
     I will continue to give you guys information in this Blog.  Just because I'm going to be Managing, Shuffling and Culling Out Non-Productives in my [now] 72 Positions (gotta find a Parking Space) ; I will still be giving Bad Advice.  We'll see if it's still relevant.

"I may not be at the table,
but I haven't left the casino..." 


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