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URL:  http://boards.fool.com/billjam-not-sure-i-understand-the-logic-of-24487596.aspx

Subject:  Re: Trading in Retirment A/C Date:  8/19/2006  3:34 PM
Author:  RetiredVermonter Number:  53246 of 78168

billjam:

Not sure I understand the logic of looking at 15 randomly selected stocks. I trade a portion of my portfolio and I beat the S&P 500 handily. But I certainly don't randomly select stocks. I do my homework and spend a good deal of time selecting each stock and monitoring it's performance.

Exactly -- same here. I even day trade some in my IRA, too, though never with a LOT of it, of course. However, I can say that, almost at will, I can come down here really early, on, say, a Wednesday (often a good day for this), do my research (various places), and home in on 2 or 3 promising stocks.

When the market opens for me (8:00 a.m. extended trading), I continue to watch these, especially if they are on Instinet, and get ready to pounce on 500 or more shares of something if it is on the move. Then I watch it... stay with