iamned.com

It is Impossible to Truly be on the Forefront

I strive to maximize my performance in the stock market whenever possible, and be on the forefront of the latest trends. Coal stock have been on an ABSOLUTE tear for the past two months and I regrettably haven’t capitalized on the recent coal boom. I don’t own any coal stocks because I’m already vested in Mosaic Corporation and Visa. I could switch, but I don’t want to pay the taxes and I am content with my current returns and positions.

But the nagging feeling that I could do better still lingers. You always want to do better, and you beat yourself up for not achieving optimal returns. Why didn’t I buy buy PCX at 100? Was I too busy whacking off or whatever not to notice that coal would be the dotcom equivalent of the 21st century? Where was I and why wasn’t I buying coal? Dammit!

I remember in the fall of 2007 when Google and Bidu were literally going up ten dollars every day for three months strait. Google surged from 500 to 740, and I was beating myself up for not being long. Then in mid October with hardly a hint of warning the markets reversed, toppling Bidu and Google. Both stocks have yet to recover to their historic highs.

I am still bullish on coal, and while I can’t call the top there is still more upside if you have the patience to hold these stocks for the long term. I can almost assure you that in a year all of the coal stocks will have made new 52 week highs, baring a catastrophic bear market.

In conclusion, you can’t beat yourself up for not being on the forefront of the latest trends. It is virtually impossible to know which sector (such as coal) wallstreet will bestow its graces upon. Just pick a pick a profitable strategy that works for you and stick with it.