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Take the points, or hold long term? Does caps compound?



May 12, 2009 – Comments (1) | RELATED TICKERS: DDC , IRE , TIE.DL

I have some picks that i like long term, and right now they are sitting between 50 and 200 points. I was wondering what the bears (and all) thought about holding them through this next bear.


Part of my question is. . . . does caps 'compound'? Like, if i get in at $100 and lose $90, i'm out 90 points right? but if i get in at $10 and it goes to $100 (assuming simply and wrongly the the S/P stays the same) thats 100% every time it goes up 10? so 900% at $100?

Sounds like the longs will crush the shorts (when the BIG BOTTOM is in and we start the SLOW GO).

Silly questions that i 'know' the answer to, but i'm wrong so often that i like to check.

Really, if any of my 'buddies' wants to look at my picks and tell me to cut such n' such stocks, i would be happy to thank you. I am wanting to lose a bunch, and soon, but i like most my picks, and most of the others are finally moving in the right direction

Good luck, and good day.

1 Comments – Post Your Own

#1) On May 12, 2009 at 2:08 PM, TMFBabo (100.00) wrote:

I believe you have it right.  If you buy a stock at $2 and it eventually goes way higher, there's no reason to ever close it.  If the S&P 500 triples and gains 200% while that stock goes up tenfold for 900%, you have a CAPS score of +700 on that stock. 

I have a few picks of my own that I intend to keep open for years, so I can try for the "score club 500" charm. 


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