EYEGUY Icon    Posts: 1543 Joined: 12/12/2003 Location: BALDWINSVILLE, NEW YORK  User Profile | Cody: It would be hard for me to define my investment style. I try a bit of everything from long term investing via Fundamental analysis to chart pattern analysis to Technical analysis and playing both sides of the market via short selling. Right now I am short sold heavily and maybe beginning to regret it as the market seems to be resiliant at a point where I envision a breakdown. I constantly search for the holy grail of investing like most of us and, so far, after twenty-five years it has escaped me. One area which has show a bit of progress lately and is rather low-tech is Magic Formula Investing (a bit of a black box method) which is easy to implement by going on to: http://www.magicformulainvesting.com/. Select 50 for step 1, 25 for step 2, Go (roll the dice). Try to purchase up to twenty to thirty stocks by selecting five to seven stocks every two to three months until fully invested. Sell each stock after owning it for one year. Sounds simple! In my model portfolio (paper only) since February 13, 2006 I have selected seventeen stocks at a total cost of $35,003 and, as of yesterday, it had a total value of $36,939 (not including dividends). While that doesn't seem spectacular, it represents a 12.53% return for the period in an interval when the DJIA gained only 2.5% and the NASDAQ Composite lost 6%. Not bad for buying and holding! You might want to investigate it. Tom Helget | |
