sold my holding, page-30

Clarkie,

"And the man who owns 2,000 shares of BHP is wealthier than the man who owns 1,000 shares of BHP."

Have you heard of Sons of Gwalia? :)

I feel you present a balanced arguement. I take the middle ground. eg -

Bought BHP - $23 (Parcel 1)

Bought BHP again - $26 (Parcel 2)

Sold BHP - $30 (Parcel 2)

Bought BHP - $24 (using proceeds from Parcel 2)

Will sell parcel again @ $30.

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This whole time I have retained my original Parcel 1 and will do indefinately. However, I have traded the stock a number of times making the volitility work for me.

Confused? So am I.