Diogenes Decisions

[Lyehopper]

Employers get no respect....

Strange that you would say that Park...Although as I recall you are from the East Coast...But Las Vegas is the "Land of Screwing Over The Low Wage Worker"

That's why I love purchasing Automated Machinery. You never have to "screw over low wage workers" again.... Come to think of it, CNC machinery has allowed me to cease "screwing over" some pretty highly paid workers too....

[IIC]

You've got to be kidding about your concern, you're talking about the land of the undocumented worker for 150+ years. I argue to friends that Calif's wealth to a great extent has been based on the historic availability of below-market labor.

Strange that you would say that Park...Although as I recall you are from the East Coast...But Las Vegas is the "Land of Screwing Over The Low Wage Worker"

Some picks looking back over the past week:

RFMD
PCCC
HD

Of course the month look back still likes SMP.

Savings Rate

Household saving at the current level… might be enough?

An abstract from this paper: http://www.ssc.wisc.edu/~scholz/Research/Optimality.pdf

“We solve each household's optimal saving decisions using a life cycle model that incorporates uncertain lifetimes, uninsurable earning and medical expenses, progressive taxation, government transfers, and pension and social security benefits. With optimal decision rules, we compare, household by household, wealth predictions from the life cycle model using a nationally representative sample. We find, making use of household-specific earnings histories, that the model accounts for more than 80 percent of the 1992 cross-sectional variation in wealth. Fewer than 20 percent of households have less wealth than their optimal targets, and the wealth deficit of those who are undersaving is generally small.”

Linked on Marginal Revolution 9/10/06

So another week has gone by. So we have some data to look at.
My ranking scheme uses past volatility from yahoo.
Now, I have been using a period of around one month, which seems to be fine for a week hold.
However, why not use one week's volatility to see how it works over a week?
So, using a week's volatility as a guide we get the following two:
PCCC
SMP

And a month's volatility gives us:

SMP
BDC.

That's a very interesting site Dio...I was reading about Min. Wage. In CA it is now $6.75hr. It will go to $7.50 on 1/1/07 and $8.00 1/1/08. Unfortunately, I believe that only hurts lower income workers and those on a fixed income as companies will raise prices to more than compensate for the additional labor costs....I don't know about anyone else...But I'm not planning on receiving an 11% raise in January...thx...Doug(IIC)

You've got to be kidding about your concern, you're talking about the land of the undocumented worker for 150+ years. I argue to friends that Calif's wealth to a great extent has been based on the historic availability of below-market labor.

Two interesting stocks:

Name-Stock Scouter Rating
SMP-7
AVT-8

Valueline- Timeliness was so-so on each of the stocks. However, the growth potential for each looks good.

I am putting off running correlation tests as the idea demands a bit more time to flesh out.

Went long ORB yesterday at $18.11.

Holding Period:
Approx. 3 weeks, or until stop is hit.

Stopped out of ORB sometime ago; thus taking a loss.

Edit:
Two interesting looking stocks:

KAI
IWOV

That's a very interesting site Dio...I was reading about Min. Wage. In CA it is now $6.75hr. It will go to $7.50 on 1/1/07 and $8.00 1/1/08. Unfortunately, I believe that only hurts lower income workers and those on a fixed income as companies will raise prices to more than compensate for the additional labor costs....I don't know about anyone else...But I'm not planning on receiving an 11% raise in January...thx...Doug(IIC)

It should be noted that I think that min wage increase does not need to be a bad thing.
However, here is a response between a neo-classical (i.e. min wage= bad, always) to a paper that argues things from a different view:

http://macroblog.typepad.com/macroblog/2006/08/a_few_questions.html

[IIC]

The below is a link to an excerpt/link review of impact of the Fed and equity prices.
My understanding has been that news generally means very little, but perhaps the Fed is the outlier in this respect. However, since the paper focuses on Greenspan how much of a role did the internet/computer expansion play, if any?

http://economistsview.typepad.com/ec...s_cheap_b.html

That's a very interesting site Dio...I was reading about Min. Wage. In CA it is now $6.75hr. It will go to $7.50 on 1/1/07 and $8.00 1/1/08. Unfortunately, I believe that only hurts lower income workers and those on a fixed income as companies will raise prices to more than compensate for the additional labor costs....I don't know about anyone else...But I'm not planning on receiving an 11% raise in January...thx...Doug(IIC)

The below is a link to an excerpt/link review of impact of the Fed and equity prices.
My understanding has been that news generally means very little, but perhaps the Fed is the outlier in this respect. However, since the paper focuses on Greenspan how much of a role did the internet/computer expansion play, if any?

http://economistsview.typepad.com/economistsview/2006/08/talk_is_cheap_b.html

Current interesting stocks according to running three Value Line Screens (Peg-nt, Exponential Growth, and GARCFS):
ISSX
KEA
ILMN

The screens are then ranked by price over 21 days with one year of volatility and, e.g., the highest ranking stocks are listed above.

See the page linked below for more information on the screens and a general idea about mechanical investing:

http://www.wikifaq.com/Motley_Fool_Mechanical_Investing_Board_-_Part_II

N.B.: This is using data up to and including 7/28/2006.

Looking for a 3-4 week holding has AEPI at number one above ORB (number two) and the rest. It has a very nice and linear march upwards.
MSN Rating of 10 (I like a rating at least 8 ).
(Nothing on Value Line).
So, using the ranking method puts AEPI first on the consideration list, but the correlations mentioned above would have to be looked into before buying.
This is done in order to see what type of movement in stock price might occur over the holding period with respect to certain markets, e.g., qqqq.

Edit:

Stop would be based on volatility and time (one month).

How would ORB look against something like LNT or AEPI or OCN, each of which has recovered from a previous deep dip not that long ago. Though OCN is now at a point of having a high "ceiling" of resistance way up in the high 20s (it's presently at 13.62).

Or as opposed to BAC which is now making new all-time highs? Or even something like EXC, which has had only one or two really bad (% loss wise) years out the last 20!

http://finance.yahoo.com/q/bc?t=my&l=on&z=m&q=l&p=&a=&c=&s=exc

(At least you already admitted that you stole ORB out of one of my posts.)

Went long ORB yesterday at $18.11.

It was ranked higher than CG in my scan.

Scan outline (in general):

http://www.aetheling.com/MI/index.html

Stocks are culled from:
1. Mechanical Investing scan (from Valueline)
2. Mr. Market top 5
3. Picks posted by others (which are then looked into a bit more if they happen to come out on top during a scan).

Add. Info:
1. Look into possible correlations between a stock and:
1a. QQQQ
1b. Dia
1c. 10 year t-bill

Holding Period:
Approx. 3 weeks, or until stop is hit.