Wednesday, November 02, 2005

Bad Apple...

My worst trade of the year has got to be Apple (AAPL). I purchased Apple when it started to break out into new highs in mid August and sold for a 10% gain in September. I simply sold way too early. Apple is now trading in the 60s with the success of the video iPods. I shouldn't really be complaining because I did make some money in it. Always hang onto your strong stocks and sell the weak ones! I sold Apple, one of the stronger stocks in my portfolio, and kept the losers. Oh well, that's how you learn...

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