Investing 102

[Vegas69]

I've been at this about 6 months and my account is up 7.45%. Not bad for money that would've been rotting in Wells Fargo.

I have one real dog out of the 10. I'm noticing that it tends to gain on down days quite often. Am I right in thinking people are buying in on the down days in hopes of some movement in the right direction? I know the company is expanding it's stores and business model currently, that's why I bought it.

[toy71camaro]

Originally Posted by Vegas69

I've been at this about 6 months and my account is up 7.45%. Not bad for money that would've been rotting in Wells Fargo.

I have one real dog out of the 10. I'm noticing that it tends to gain on down days quite often. Am I right in thinking people are buying in on the down days in hopes of some movement in the right direction? I know the company is expanding it's stores and business model currently, that's why I bought it.

Great!! It certainly is better than getting $.001% interest at the bank, isnt it? lol


Not sure on your second question. Its hard to say without knowing the investment. Some investments tend to mirror the market, some are the opposite.

[GregWeld]

Originally Posted by Vegas69

I've been at this about 6 months and my account is up 7.45%. Not bad for money that would've been rotting in Wells Fargo.

I have one real dog out of the 10. I'm noticing that it tends to gain on down days quite often. Am I right in thinking people are buying in on the down days in hopes of some movement in the right direction? I know the company is expanding it's stores and business model currently, that's why I bought it.

I've been doing this for a very long time --- and there's always some picks that just never do what you intended them to do. Out of 10 -- people usually have 2 that lead the way -- 3 that are pretty decent -- 4 that are "okay" or barely okay -- and one or two that just flat suck. Hold 'em long enough -- and it's like a horse race - the barely makin' it jump into the lead the the leader falls back to 4th. It's just the way it is ---- as long as they're all mostly headed in the right direction.


Never be afraid to dump a stock you've bought that you thought was going to do X --- and doesn't. You hold when you're absolutely positive it's still going to do what you thought... but that's hard to do. Sometimes the market just speaks their collective idea with their feet... and no amount of hoping will correct that.