Sunday, January 28, 2007

Long, long trades

I trade long too. I don't have the time or energy to only swing trade. In my IRA accounts I own mutual funds and less volatile stocks. Are most traders this way? I think so.

For example, I know that Muddy planned to take the summer off from trading in 2005. That summer turned into a 16 month vacation for him. But I am fairly sure he didn't have his money in a bank account or CDs during that time, but instead in quality stocks and mutual funds.

So yes, less volatility, but I am still looking for winners here. Here is a chart of BAM.

I bought at $25 in March 2005. I've got a double in less than 2 years, and I don't need to monitor it very often. That's better than most mutual funds. I still like it and continue to add shares.

A couple others in the Real Estate Holding/Trust sector I am looking at are CBG, ACP, and SLG.


Love to hear from others on what you have on watch/buy list for long term holds!

7 comments:

Trading Goddess said...

Hiya!

There is no such thing as a 16 month vacation! LOL!

I am pretty sure that you are aware that I am a long who swing trades on the side. It is good to hear that you have a lot of stocks you don't have to "monitor" as well. (I call it stocksitting - LOL!)

This week I am long GOOG, ICE, and NYX going into earnings - that I can name off the top of my head this late at night. hehehe

I wanna see Green on the Screen!!!!!!!!

;)

Anonymous said...

Laura,TG

Check out TRA
A double since mid August,it has not fallen below the ema13/sma20 since,bouncing off it everytime

Anonymous said...

Here's some others I'm either in or considering.
These have yet to violate the ema13/sma20 zone since their beginning upward trend.

NTY SYX RYI CF RKT MGM NAV

Plus ones at maybe the beginning stage of a long run

WPSC CMX ENR SINA and interesting recent ipo's HMIN ORBC

See TG,I'm not always GONZO,I do have a softer side :)

Trading Goddess said...

Thanks Muddy,

A couple of those I am already in, but will do some DD and a post on them if I agree with your take on them. ;)

Now... tell me more about this softer side of yours?

Anonymous said...

"Check out TRA"
NTY SYX RYI CF RKT MGM NAV

Plus ones at maybe the beginning stage of a long run

WPSC CMX ENR SINA and interesting recent ipo's HMIN ORBC

6 of these were up over 4% today with 9 of them green.
And I usually can find these very often.
And with no "stress" babysitting them I wish I could stick with these kind.
But then stuff like this happens and I fall off the wagon:

(Jan 29-10:30) Muddy: penny HYRF vol scan .15

(Jan 29-10:47) Muddy: HYRF now 133% still vol scan

(Jan 29-12:04) Muddy: HYRF now 180%
(Jan 29-12:05) Muddy: from SCC vol scan early today

(Jan 29-12:22) Muddy: HYRF 214% now

(Jan 29-12:43) Muddy: HYRF still upping 250%

(Jan 29-12:57) Muddy: HYRF now 272% like I said,don't sell yet,haha

(Jan 29-12:57) Muddy: 300%

See TG,
I GOT THE NEED FOR SPEED,THE RUSH
PLEASE HELP ME!!!

I think it's time for me to go back into MOMO rehab :(

Anonymous said...

"Now... tell me more about this softer side of yours?"

TG,
Have you ever found out what Rain-X is yet :)

Trading Goddess said...

Rain-X?

The stuff for windshields?