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Silverthread - Tue, 02 Jan 07 :

Always good to hear the strategies of others, Don. I bought LDC about 2-3 years ago and have stubbornly held ever since for a slight loss. Doubtless I would have done better to have traded the shares on highs and lows - but never brave enough to do so. I'll learn one day!!!

I suffer from falling in love with the shares I buy - a cardinal sin, in this game. On another thread, the practice of splitting one's portfolio in two was discussed = half as a long-term investment 'buy and hold', the other half for trading the highs and lows. That suits my mindset, and I am adopting that strategy for 2007.

Still feel LDC is in a good market, with a good modus operandi for succeeding. It also has a solid and not insignificant number of clients - although I would welcome a few larger companies on its books. If market sentiment towards China etc helps the case, so much the better.

The upwards momentum today is probably a combination of both factors. It's welcome, whatever the reason.


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