"Harry" wrote in message
m...

On 1/24/10 9:00 PM, Canuck57 wrote:

Simple principles:

- average in during bad times estimating dips.
- average out in good times estimating peeks.
- diversify.
- before you buy know why and set a sell target.


You are quite the trip...my guess is that you work as a stock boy at 7-11.


I don't know what he does for a living, but I did almost exactly the same
thing with Ford.
I am not a big player in the stock market. Never was. Never invested any
more than I
could afford to lose. Never participated in a 401K. Never trusted or
depended on anyone else to plan or provide for my retirement.

But, back when all the uproar was going on with Ford, GM and Chrysler I had
a hunch Ford was
going to come out a winner when they announced they didn't want or need any
government bailout money. So, I bought a bunch at $1.60. Sold a bunch at
$8.60, a bunch more at $10. Still have some.
So, count me in at the 7-11 school. I might buy a new boat this spring.

Eisboch