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  • rispleen rispleen Apr 30, 2007 11:42 PM Flag

    k_denninger

    Thank you Karl, but I was already a successful investor when you were still wet behind the ears. My portfolio is quite diversified and rock solid. I was smart enough to buy banks in the 1980s: C at a cost of $9; Chase at at lower price, etc. My porfolio currently throws off a tax advantaged dividend yield of 5.35%

    Two of my bank holdings are taken out on average per year. The most recent one was BNK by TD, original cost per share of less than $7.50. I've owned AAPL since 1997, right before Steve Jobs reported Apple's first quarter of profitability. Because my portfolio is diversified, there was also room for munis in 1999 at 7.50% and CDs in the 1980s at 13%.

    I'm not a pro but I've done well. AHM is working for me, alot more than I think it's working for you.

    Why don't you catch your breath, relax and enjoy other things that life offers. You are consumed by the market, posting incessently weekdays and and weekends. You're not in the best physical condition based on your photograph so if I were you, I would reconsider my priorities. Otherwise, I guarantee you, it's going to kill you.

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    • "Why don't you catch your breath, relax and enjoy other things that life offers. You are consumed by the market, posting incessantly weekdays and and weekends. You're not in the best physical condition based on your photograph so if I were you, I would reconsider my priorities. Otherwise, I guarantee you, it's going to kill you."

      Wow. I doubt that he has ever been as accurately insulted in his whole life.

      One really does need to question the mental health of the people who seem to live on the Yahoo Finance message boards -- especially those who post excitedly in all caps that "shorts/longs are screwed" anytime news comes out.

      I bought this stock as a short-term trade a week ago at $22.25 and sold this morning on the first bounce at $24.70. I'm kind of glad that it's going down tomorrow as it will give me a chance to try to time the bottom (which, knowing the usual market panic, will result in an oversold status) and buy back in for a quick rebound. Of course, this all depends on the overall market tomorrow. If it's all sucking, I may wait a day or two and see if I even want to bother.

 
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