Joined: 24 Apr 2005
Location: Houston, Texas
|Posted: Thu Apr 26, 2007 10:22 am Post subject: 2nd Anniversary thoughts
April 24th, 2007 marked my two year anniversary of joining the Discussion Forum
The Dow is up over 13,000! Let's see, the "magic number is 13,000...or was that 12,000...or was that 11,000...." What a hype the news-makers push. I think I'll just follow the Candle patterns?
Results 5 years prior to joining averaged +4-8% per year
Candlestick Return Results since first joining.
2005 - +17%
2006 - +57%
2007 - +11% (So far) Goal of 30%
Nothing spectacular here for Candlesticks, but sure beat "The Financial Advisors" estimates of 6-8% for the last two years. Thanks Steve!
A funny thing happened last Friday evening. I was watching the infamous Jim Cramer Boldly, Proudly, and Loudly proclaim ..... his goal for 2007 is to reach 8 or 9% (or something like that), and HOW GREAT IT IS that today his portfolio is already up by an amazing 4% for the year! .... the Candles brought me up to 10%. Hmmm, could Cramer be missing something?
This past weekend, I attended the Worden Blocks seminar and highly recommend it when it visits your area. Kudo's to Craig, the main speaker, who provided a most interesting and educational seminar for the novice and experienced trader and to his team members for putting on a good show