Do you plan on buying and holding any stocks this year?

AlfredSokol said: "My portfolio is empty. Back in cash and I can't decide what type of trading philosophy to follow this year. Anyone have any ideas?"

HappyHarry said: "Yes. My favorite: luxury retailers. I expect big things for the best luxury retailers in the next few years as the economic rebound gains traction."

InvestorMan said: "[SIZE=3][FONT=Verdana]How big is your portfolio?[/FONT][/SIZE]"

jxd1843 said: "yeah get ready to make fun... NCC HBAN CIT MU APTD FSRT I am nuts I tell you. The last two I bought for a few dollars just a couple hundred shares of each for the hell of it."

rmelv said: "You really are nuts if that is your entire portfolio, it's all financials!"

jxd1843 said: "well MU is a semi-conductor and i have two mutual funds. But yeah 85% financial stock. oh the penny stocks do not count but one is some webservice thingy whatever. The ones on the big board are all financial and I am waiting out the storm for the good fishing afterwa:signs025:"

prohobo said: "[QUOTE=AlfredSokol;321]My portfolio is empty. Back in cash and I can't decide what type of trading philosophy to follow this year. Anyone have any ideas?[/QUOTE] We approach trading based on time and price. Baskets (which are long and short - always) hold positions until the trigger or the stop is hit. That could be hours, days, or weeks. Once it hits, it is closed. The rest of our stuff is all hedged out and mostly derivatives. It is possible that we could have nothing in the portfolio - but the probability is very low."

prohobo said: "[QUOTE=InvestorMan;3605][SIZE=3][FONT=Verdana]How big is your portfolio?[/FONT][/SIZE][/QUOTE] Shouldn't the question be what is your ROI on your portfolio - measured both monthly and annually. Caculate the sharp ratio and then worry about volatility? Well - that would be my question. The size the portfolio is less relevant. Big doesn't mean better. Also - what are you refering to as size, market cap, margin, shares, number of issues?"

prohobo said: "[QUOTE=HappyHarry;368]Yes. My favorite: luxury retailers. I expect big things for the best luxury retailers in the next few years as the economic rebound gains traction.[/QUOTE] Few years! What about this year?"

bjohn13 said: "[QUOTE=prohobo;70226]Few years! What about this year?[/QUOTE] "This year" is kind of irrelevant to me. It's a buyers market right now, and I'm buying."

prohobo said: "[QUOTE=bjohn13;70247]"This year" is kind of irrelevant to me. It's a buyers market right now, and I'm buying.[/QUOTE] Be careful picking bottoms. What may seem like a buyers market on the surface could easily be a sellers paradise! Don't be fooled by price, the true winners are those that understand Value!"

bjohn13 said: "[QUOTE=prohobo;70262]Be careful picking bottoms. What may seem like a buyers market on the surface could easily be a sellers paradise! Don't be fooled by price, the true winners are those that understand Value![/QUOTE] Absolutely!"