Not much to report lately. A little fluctuation on the market this
week. Monday was a big down day, but things are recovering. I've
managed to keep from doing anything and my stocks are making new bases.
MIKR and UCTT in particular have found support at their 50dma and I've
still not sold.
But I do think I may be missing some upside. I wonder if I'm holding
these stocks too long waiting for something to happen? One problem that
I identified was that in the past I was over-trading, so I've tried to
hold stuff longer to give it time to go up and not get shaken out too
soon. But the flip side of that is that you want a breakout stock to do
just that: break out. If I buy something and it consolidates for a week
or drifts down a few percent, aren't I missing out on something else?
There's commissions to consider, but that's $10 round trip. I should be
able to recoup that by getting into a better stock.
I don't know. I think at this point in my development, I need to learn
patience and I think that might actually be happening.
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