horsedentist's Blog : A case for buy and hold

I was taking a market beating during May and June so I pruned some of my picks and took a break from the market. I did some farm work and worked on my Triumph car restoration. I came back into the market in Sep. My portfolio and P&P scores had dramatically increased during that summer time frame. Most of my holdings had maintained or increased. The leaders were AAPL, MSB, CMI and JOYG. I did a lot of trading during 2009 and it worked. I kept up with high frequency trading during the first half of 2010 with bad results. I called my withdrawal from the market my “rope-a-dope” strategy, a boxing term used when a fighter lays against the ropes weathering his opponents barrage of punches. . The opponent gets arm weary from all the punching. At that moment the fighter on the ropes strikes back. My market interest has been rejuvenated it seems at just the right time