I'm a lot more short term oriented in my personal ...

2008-04-01T11:42:00.000-04:00

I'm a lot more short term oriented in my personal account so the answer to your question literally changes on a daily basis.

I don't daytrade anything

I swing trade almost everything. That said if I buy something and it jumps 8% in 1 day, then it turns into a daytrade, but not on purpose. A daytrader to me is someone who makes 50-200 trades a day trying to scalp 0.05 to 0.10 here or there, or even a guy making 15 trades a day trying to make 0.4-0.8% on each trade.

I have cut my time horizon even shorter in this environment (more than normal) since things reverse almost daily nowadays....

Other than Mosaic and Foster Wheeler I don't think I've owned anything for more than 4-5 months, and I trade around those 2 positions on the ups and downs. Only other longer term holds I've had are 2 solar names - Trina Solar and Suntech Power - I only own a small stake in the former now and no longer any in the latter.

In a normal market my holding period is generally a few days to a few weeks for most stakes. In this market, as I stated above, far far far far far shorter. When I get a 5-8% gain, I take it immediately. Because it evaporates within a day or two in this environment.

can I ask a personal question?In your personal acc...

2008-04-01T11:28:00.000-04:00

can I ask a personal question?
In your personal account,what percentage of your portfolio is in cash?

Do you keep some stocks for long term and day trade a fixed amount?

I know the word long term is a misword to use in this mrkt.

Comments on Fund My Mutual Fund: This Week's Commodity Action is a Reversal of a Re...

I'm a lot more short term oriented in my personal ...

can I ask a personal question?In your personal acc...