Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with management of the highest integrity and ability. Then you own those shares forever. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

November 29, 2007

NOV-30-2007 A


November 21, 2007

Lesson learned

Only buying stock that when hsi is below 50 and go down to 100 lines. Don't buying it right after u find a good one. Don't buy when it rised 5 to 10 %, only buy at below 50 line.

When to sell?When there is at least 50% or more high than last time lower point that is high enough for big guys to make a intermediate adjustment that could go down for at least 20%.