Monday, February 19, 2007

being in love and the stock market

as of the moment i think im in love with the stock market because it is making great waves and if you are a long term investor it does wonders to your portfoio! :) as warren buffett said "i got rich doing nothing" :) one of the greatest buy and hold investors of our time said this because it is in the sitting that you will earn a lot. :) i remember when i started really disecting and understanding the market the market went as low as 1,100 imagine that and as of the moment it even went over 3,350 just lately! what does this mean???? if you invested in the phisix when it was at the 1,1oo level and just held to all those stocks your portfolio would would have been three times bigger by now! wow thats a lot :) and thats a very good return! phew! asia has been making great waves and not just that but a tsunami at that! i can see the faces of those investors who got stocks before and just held to it! :) i remember i wrote about this company a few months ago and how its stock was so undervalued. i just hope to the people who were able to read the article and got the stock they wouldve gotten a 100% return in just a few months! thats good returns man! :) the market might take a beating once in a awhile but with how it performed lately and all the foreign money coming in i believe that this trend will continue and the market will keep on going up. :) the key in this game is patience. the key to success in investing is not making bold moves but making bold moves when the odds are in your favor and the downside is very very very small! :) i always remind myself of what mr buffett said "the stock market is just like playing baseball but the only difference is that you are not called for strikes and you have all the freedom to wait for the pitch that you like and then take a swing at it" :) patience is the name of the game! :) asia is making great moves and technically it would seem to me it can make a good oush to P20 and beyond lets just wait and see. :) then theres my diamond in the rough! KPM a very solid stock which just made a new new high and maybe just maybe foreingers will start buying the stock already :) theres EPHI also another undervalued stock. theres also v which is undervalued and also reached a new high just a few days ago. even in this rising market there are still value stocks waiting for us out there. :) good luck!

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