What prompted me to write this is about 2 years ago I brought HWW at considerably less than the 23 cents I could get for them today!!
About a year ago I decided I held too many stocks about 22. I decided that over the last 4 years (how long since I started) and that 10 stocks was a good number to hold and follow. In the last 4 years I had educated myself in fundamental and technical analysis. I steadfastly and in a disciplined way set about deciding which of my 22 stocks I should jettison. Using both technical and fundamental analysis I selected the 10 stocks with the best prospects of upside.
It has now been just under a year since I pruned my stocks. Guess what? The stocks I have held have increased by 7% AND THE STOCKS I SOLD HAVE INCREASED BY 44% (not including HWW's rise today). This leads me to the question:
"WHY DOES THE MARKET HATE ME?" of course it doesn't even know I exist but it sure feels like it!!!
ASX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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