01-04-2007, 12:49 PM
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Super Moderator
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Join Date: Apr 2005
Location: Albuquerque, New Mexico USA
Posts: 1,380 | Points: ( Donate)
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first blood (theirs, not mine LOL)
Quote:
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Originally Posted by scmfinance
I don't think this is a long-term experiment (more like 52 weeks), so I think a separate plan will be developed once more funds are acquired -- this is just sort of a strategy for people who know a little something about the markets but don't have a lot of funds. Your plan sounds good and good luck with it!
As an aside, here's a quote I just heard and I thought it was pretty funny (it kind of relates to stocks):
"A study done by a pair of Canadian psychologists (Knox & Inkster, 1968) uncovered something fascinating about people at the racetrack: just after placing bets they are much more confident of their horses' chances of winning than they are immediately before laying down the bets."
- Robert B. Cialdini, Influence: Science and Practice
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LOL, scm! 
glad to see this thing encouraging everybody. um, at $1mil could always hire a couple reliable people to screen and manage, pay them well, of course.
okay, i just got off the energizer bunny.... it's still rockin and may have miles to go yet if you're just getting in (check the thread) but i got off 'way early, in keeping with 10-20% gain horizon. (and great call again greencat! you da man!)
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2007-01-04 10:47:55 xxxxxxxx Sell SCRA (Stk) 550 1.03 2.50 0.00 564.00
2007-01-04 10:05:04 xxxxxxxx Buy SCRA (Stk) 550 0.90 2.50 497.50 0.00
orange opening balance: $500.00
orange new balance: $566.50
gain: 13.3%
you'll notice my trades are at $2.50 not $5.00. as i said before mine are less because of my acct setup.
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[SIZE=2"No more riddles."[/size]
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get the cd. it's how money gets made.
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