I use Cramer as a starting point for my research. I don't have time to scour all the companies out there, and in the last three months, I've been trying to invest smarter--reading IBD and trying to instill some discipline that will keep me from riding a CMGI or LU from way up there to way down there as I did in the past, thinking all will turn around.
In the Marketocracy fund I started this week, I added several more picks from Friday's show, and sold two that he no longer liked (even though he did a week ago): WWW and UPS. These will be sold on Monday morning. I also pruned back to about $5000 any of the first round of purchases that I made keyed to the IBD ratings. For instance, I had $9900 in TOL, and sold it back to $5000. Those under $5000 to begin with, like LU or BOW were left where I started with them.
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AVOR
A Voice Of Reason, not necessarily the ONLY one.
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