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GrumpyOldGuy (56.11)

March 2007

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2

Why I don't like Caps.

March 29, 2007 – Comments (2)

I finally figured out what it is that I don't like about Caps.

There is no allowance made for being in cash and letting an unsettled market figure out what it wants to do.

I have a stock that is down from my purchase point but since it is not down as much as the S&P it shows as a positive gain. In my real world if I am losing money on a stock it does not make me happy just because the S&P sucks worse than my stock picks.

Recs

1

3/16/2007 Thinking out loud.

March 16, 2007 – Comments (4)

I am mosty out of the market at this time. I only have one pick of the seven needed to be an active participant so no one will see this but it's more to think outloud than anything else. Should anyone besides me read this you will realize that I am not a fundamentals type investor. I would describe my style as TA with a certain amount of gambling thrown in. I use trailing stops so my CAPs will not accurately track my real port, what little there is of it, but it probably will be close, except where I get stopped out before the seven day waiting period ends.  [more]

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