Use access key #2 to skip to page content.

Varchild2008 (84.39)

How Diversifying Wins Big in a Down Market

Recs

2

May 02, 2008 – Comments (2) | RELATED TICKERS: SID , AMAT , GENC

Ok.. I suffered over a $2,000 deficit when some of my Tech Stocks plummeted or flat-out imploded on me.  Got rid of every single Tech Stock, Retail Stock, Financial Stock, and the SPF stock in April......Got rid of Java this morning.

Now I have a total of 5 main stocks and 1 speculative stock.  Check it out:

5 Main Diversified Stocks:

SID       - .03      - .07%                              (STEEL)
AMAT   + .19    + .97%                              (SEMICONDUCTOR)
FEED   + 3.34   + 21.33%                         (PORK: FOOD)
TRA     + 1.37   +  3.54%                           (FERTILIZER)
GENC  + 2.27   +  8.20%                           (MANUFACTURING)

1 Speculative Penny Stock:
CAGC  + .465   + 17.35%

PROFIT:  + $988

This was after earning  + $1.10  and + $333     (Wednesday/Thursday)

At the end of the day I am still not out of the hole but I am sitting pretty just down $1,000. 
Not bad.  Not bad.  All in thanks entirely to the month of MAY!

 P.S. FORD stock dropped like a rock!  Hurray!  Keep it coming FORD!  I want you to drop around $7.50.

2 Comments – Post Your Own

#1) On May 02, 2008 at 5:42 PM, goldminingXpert (30.95) wrote:

Just so you know, TRA and FEED are simliar industries, and thus not greatly diversified. How about an energy or health care stock to really round it out?

Report this comment
#2) On May 04, 2008 at 3:13 PM, Varchild2008 (84.39) wrote:

Goldmining, you are absolutely right.

But, I'm holding on to my Fertilizer Stock until July/August time frame.  Before that happens I will have an investment in a Beverage Company:  (DPS)  Dr. Pepper Snapple Group.
(See article below this one)

I don't like Energy because I kinda already have energy in AMAT (Solar Power).

Snapple is going to be an awesome longterm investment where I expect at some point the Dividend should be good.  Problem is figuring out when to get in and I don't want to get into the stock too early.

Report this comment

Featured Broker Partners


Advertisement