Doctor Jack's Stock Medicine

[IIC]

Maybe you were born two days ago?

It's because if a pro buys or sells a stock that he or she recommends on a bulletin board contest, the SEC will be all over them like white on rice.

I don't see the difference in posting in a contest and posting in just a plain old message on a board???

[Jack Haddad]

Ebay

The gap down from this morning filled... I'm looking for a short scalp opportunity.

[spikefader]

It's because if a pro buys or sells a stock that he or she recommends on a bulletin board contest, the SEC will be all over them like white on rice.

So don't recommend your pick.
Or how about you pick a stock that you are not trading? A theoretical pick.

And IIC makes a good point ........ you use your very active thread to post many picks you are trading. And yet no fear there.... Not passing the smell test.

[Jack Haddad]

The gap down from this morning filled... I'm looking for a short scalp opportunity.

Entered a short position on EBAY at 33.05... Let's see how this goes.

[Lyehopper]

I don't see the difference in posting in a contest and posting in just a plain old message on a board???

I agree IIC.... Why would the SEC jump on a "pro" for posting a stock recommendation in the POTW thread and not mind that you did the same on another thread. The argument Dave is making is just ridiculous. I'm real sure that the SEC has undercover cyber spies monitoring the POTW so they can catch Steckler and Doc playing the POTW.....SHEESH!

DAVE! Here's an idea.... PM your picks to Rockin'Rob and he'll enter you under an "assumed name" kinda like we do Quasi-Ernie. No paper trail, no way to prove the pick actually came from you. AND.... When the SEC questions me under the big spotlight and tortures me with a cattle prod I'll swear that.... "I KNOW NOTHING!!!! NOTHING!!!!"

[Jack Haddad]

So don't recommend your pick.
Or how about you pick a stock that you are not trading? A theoretical pick.

And IIC makes a good point ........ you use your very active thread to post many picks you are trading. And yet no fear there.... Not passing the smell test.

Since the pick has not been executed in real life (hypothertical/paper), volatility of that trade does not impact the market at all. Therefore, I refuse to get accustomed to such an imaginary and silly simulations.

[DSteckler]

And IIC makes a good point ........ you use your very active thread to post many picks you are trading.

What leads you to believe I'm trading anything I post about? Except for the occasional stock, that is, like the ELN short.

[Jack Haddad]

Aapl

A new daily low for AAPL is imminent. A close below 60 will compell AAPL to test a support of 58.25

[Rob]

Question

. . . Therefore, I refuse to get accustomed to such an imaginary and silly simulations.

Doc, do you play golf?

[Jack Haddad]

Entered a short position on EBAY at 33.05... Let's see how this goes.

Covered short at 32.77

[Jack Haddad]

Doc, do you play golf?

No, But I'm very tempted to gice a try. I'm astonished as to how many youngsters are getting into the game these days. I had a 12-year old patient who told me that it's all about muscle memory.

[Jack Haddad]

Intc

Something is unsually holding INTC up. Is there something in the brewing (release of their Woodcrest due any day)? Woodcrest is supposed to INTC's biggest gun release against AMD's duel -core. If the server paltorm does not receive a favorable market reaction, INTC s finished from a competitive stand-point.

[Rob]

Golf

No, But I'm very tempted to gice a try. I'm astonished as to how many youngsters are getting into the game these days. I had a 12-year old patient who told me that it's all about muscle memory.

Well, I was merely driving at the point that something which may legitimately be viewed as "silly" can nevertheless hold certain value, even if only for recreation purposes. With my investment style I tend to view a much longer time horizon than one week, but participating in a weekly pick contest has certainly given me pause to look at trading from a different perspective. Maybe a different segment of the brain evaluates short-term vs. that which evaluates long-term investments; if so, a weekly pick contest will exercise that synaptic pathway, similar to the "muscle memory" spoken of by your young patient.

[Jack Haddad]

Yhoo

Bought 3 blocks at 31.57, and wrote 300 calls at 2.00

[Jack Haddad]

Bought 3 blocks at 31.57, and wrote 300 calls at 2.00

The calls were June 30