Portfolio of the week - 2007

[Rob]

Week 48, Day 5—“... Is the Apostrophe”

Correction: Riverbabe covered her BIDZ short at the open on 11/30. The opening price was 12.40, as opposed to the 11.52 closing price above. As a result, Riverbabe still wins the gold, but her weekly total is 27.72%, not 32.85%. Sorry for the oversight.

[RL]

Billy I knew you would be there for me when I needed a friend

[billyjoe]

Rob I'm going to go on the wagon soon I think I did mean DBA

Ray,
You have the support of 2200 Mr.Market Members. As for the other 39 members I can't say.

---------billyjoe

[RL]

HOLY COW look what one more beer caused

[Peter Hansen]

Rob Great Job

Good question, Mimo. Rule #4 from the rules post states:

"NYSE, NASDAQ, and AMEX listed stocks will be the only possible sources of stocks from which to choose each week's stock. This is a stock picking contest, so avoid choosing ETF's. OTCBB and pink sheet stocks are not allowed."

The wording appears to discourage but not prohibit the picking of ETFs.

Basically, since I somewhat unwillingly began keeping score again, I have been adhering to the rules as they had been when I wrote them, with the following two exceptions: (1) The 3% penalty instead of 5% for no-shows, and (2) Getting the opening price from the minute following the entry instead of the opening price of the same minute as the entry.

My thinking is that since ETFs trade just like stocks on the open market, they are allowed.

I'm also thinking that if I continue to keep the score in January 2008, I'm going to disallow penny stocks, which I would broadly define for purposes of this contest as any stock under five bucks. That would not eliminate all the wild swings but some of them.

Thanx for the clarification .........it has been most helpful

[Rob]

Are we permitted to use ETF’s in this contest? (see rules)

Good question, Mimo. Rule #4 from the rules post states:

"NYSE, NASDAQ, and AMEX listed stocks will be the only possible sources of stocks from which to choose each week's stock. This is a stock picking contest, so avoid choosing ETF's. OTCBB and pink sheet stocks are not allowed."

The wording appears to discourage but not prohibit the picking of ETFs.

Basically, since I somewhat unwillingly began keeping score again, I have been adhering to the rules as they had been when I wrote them, with the following two exceptions: (1) The 3% penalty instead of 5% for no-shows, and (2) Getting the opening price from the minute following the entry instead of the opening price of the same minute as the entry.

My thinking is that since ETFs trade just like stocks on the open market, they are allowed.

I'm also thinking that if I continue to keep the score in January 2008, I'm going to disallow penny stocks, which I would broadly define for purposes of this contest as any stock under five bucks. That would not eliminate all the wild swings but some of them.

[riverbabe]

Cover BIDZ quick please.

[RL]

Rob I'm going to go on the wagon soon I think I did mean DBA

[mimo_100]

Here is an alphabetical list of 621 ETFs from Yahoo.com, presumably all of them. Yet I still cannot find DMA. Is DBA what you meant to enter in the contest? Or DMA? Just how much beer have you been drinking anyway?

Go to amex.com

expand on the ETF Tree ( at the left)

Choose product category from drop-down list at the top right: List all Products

Scroll down to PowerShares DB Agriculture Fund

PowerShares DB Agriculture Fund DBA Sector PowerShares DB Multi-Sector Commodity Trust

Are we permitted to use ETF’s in this contest? (see rules)

[Rob]

Rob I found It on yahoo by going to the profile on DBA It Is a ETF holding agriculture commodities hope this helps I thought this would be a winner but what do I know

Here is an alphabetical list of 621 ETFs from Yahoo.com, presumably all of them. Yet I still cannot find DMA. Is DBA what you meant to enter in the contest? Or DMA? Just how much beer have you been drinking anyway?

[Rob]

Week 48, Day 4—“The Crux of the Biscuit . . . ”

Mr. Billyjoe, your score is correct in the table but not on the graph. Little glitch that I don't have time to fix at the moment ... but the universe will be back in balance tomorrow.

[billyjoe]

Rob,
Sell TELOZ and buy S long. Thanks

---------billyjoe

[RL]

Rob I found It on yahoo by going to the profile on DBA It Is a ETF holding agriculture commodities hope this helps I thought this would be a winner but what do I know

[Rob]

Which E? don't understand. It Is on the AMEX It Is a AGR TRUST

You said it is an ETF, i.e. an Exchange Traded Fund. So in asking "Which E?" I meant, "Which Exchange?" I do not know what an AGR Trust is, but looking around on http://www.amex.com I cannot find DMA anywhere. What am I missing? I'm not trying to be difficult; I just don't like being in the dark about something I probably should know.

[RL]

Which E? don't understand. It Is on the AMEX It Is a AGR TRUST