Portfolio of the week - 2007

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  • peanuts
    Senior Member
    • Feb 2006
    • 3365

    Originally posted by stenzrob View Post
    The Costanza Doctrine
    "If every instinct you have is wrong, then the opposite would have to be right."

    The Costanza Conundrum (by stenz)
    "If your instinct is to believe that every other instinct you have is wrong, then you must seriously question the new instinct about being wrong, since you've enever been right before."

    Kirk could have destroyed a computer by presenting it with this doctrine.

    regards ... stenz
    Stenz, one word: hilarious!

    My instinct told me to not to post that.
    Hide not your talents.
    They for use were made.
    What's a sundial in the shade?

    - Benjamin Franklin

    Comment

    • RL
      Senior Member
      • Sep 2003
      • 1215

      Peanuts please put me In gigm =long thanks
      Ray Long

      Comment

      • Louetta
        Senior Member
        • Oct 2003
        • 2331

        Originally posted by riverbabe View Post
        YES, I dream of Tuscany! Some day! As for the others, thankfully got some of each yesterday, and feel MUCH MUCH better! Now, need to appease the market gods.
        Got 2 out of 3 yesterday and felt somewhat better.

        Comment

        • IIC
          Senior Member
          • Nov 2003
          • 14938

          Originally posted by peanuts View Post
          The Costanza Doctrine, from Nigel Davies
          April 3, 2007

          This has been used of late in a political context, but the Costanza Doctrine (taken from a Seinfeld episode in which George Constanza temporarily improved his fortunes by doing the opposite of what his instincts told him) would seem to offer hope to thousands of losing traders. The trick would seem to be to buy when you feel that knot of fear in the pit of your stomach, or sell when you feel the joy and excitement of a trade going your way.

          George:

          "Why did it all turn out like this for me? I had so much promise. I was personable. I was bright. Oh, maybe not academically speaking, but I was perceptive. I always know when someone's uncomfortable at a party. It all became very clear to me sitting out there today, that every decision I've ever made in my entire life has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have in every aspect of life, be it something to wear, something to eat… It's always wrong."

          Jerry:

          "If every instinct you have is wrong, then the opposite would have to be right."


          Sorta reminds me of one of my fave sayings..."Murphy was an Optimist"




          .
          "Trade What Is Happening...Not What You Think Is Gonna Happen"

          Find Tomorrow's Winners At SharpTraders.com

          Follow Me On Twitter

          Comment

          • skiracer
            Senior Member
            • Dec 2004
            • 6314

            Having problems with the scoresheet. Just PMed Rob about it. No scores until I get it fixed. Sorry, I did something trying to plug in the intraday scores from yesterday and somehow it got screwed up. My fault and don't know how to fix the code without Rob's help.
            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

            Comment

            • IIC
              Senior Member
              • Nov 2003
              • 14938

              Ski...I'd like to exit DGIT at the open and go long w/ my "secret pick"...CRH long at the open(at least after I get out of DGIT)...too bad I'll have to wait a minute to buy because CRH will probably trade down at the open.

              Cement is where it's at...And this is a pretty nice Cup w/ Handle on the verge of a possible Breakout:




              Thx...Doug
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

              Follow Me On Twitter

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                Mr. Markets Weekly Stock Picking Contest
                Open to all who have what they
                think it takes!

                Wednesday 5/2

                Ok, I think that I have it right now with the opening prices for the week and yesterday's closing prices. Anyone see a discrepancy let me know please. I still need to get the entries in descending order of finish yet. I'll work on that today. In the meantime here's how we stand in order of the top three:

                1st place: SirTuck: 4.73 %
                2nd place: Bosox Jon: 2.06 %
                3rd place: Stky: 1.80 %

                I was thinking that I might open it up a little by giving the opportunity of a 3rd pick during the week. Any thoughts on that. I might make it an option to do so but there would be a small penalty or charge for using the 3rd pick. Maybe like a 1 or 2 % fee for taking a 3rd pick and it would only be available only on Fridays after the open. Let me know what your thoughts are on doing this please.



                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment

                • riverbabe
                  Senior Member
                  • May 2005
                  • 3373

                  Short ANDE at open please.

                  Comment

                  • jiesen
                    Senior Member
                    • Sep 2003
                    • 5322

                    Ski, a 3rd pick sounds great, as long as it's managable for you. I'm not sure what the penalty would be good for, though, except to minimize its use. If that's what you're aiming for, then go for it. You're the scorekeeper, so it's all your call. And it's looking fantastic so far. Keep it up, Ski!

                    Comment

                    • Lyehopper
                      Senior Member
                      • Jan 2004
                      • 3678

                      trading.... EDS (long)

                      If there is a penalty for using a "third pick" then maybe there should be bonus points for staying in ca$h....

                      .... I'll take EDS (long)

                      thanks....
                      BEEF!... it's whats for dinner!

                      Comment


                      • Originally posted by louetta12001 View Post
                        Got 2 out of 3 yesterday and felt somewhat better.
                        Hope you enjoyed the food and wine. (Assuming that's what you meant)

                        Probably several here who would have volunteered to help make your day complete.

                        Comment

                        • skiracer
                          Senior Member
                          • Dec 2004
                          • 6314

                          Originally posted by stenzrob View Post
                          Hope you enjoyed the food and wine. (Assuming that's what you meant)

                          Probably several here who would have volunteered to help make your day complete.
                          Personally I'm assuming and hoping that it went with either one of your two Stenz, but only one of them, and then the other one.
                          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            I could us a hand with Lye's entry price at 10:11 am. Lye if you have it I use whatever you say or anyone else who can provide it for me please.

                            Regarding the 3rd pick suggestion. This isn't my game. I'm just the caretaker for the time being. We have a nice set of rules and it's not my intention to make more governing rules but maybe to add something to the mix that would add a little excitement and flavor to the game. I thought that by introducing a 3rd pick it would give anyone who had already taken their allocated two picks another chance, only on Friday which limits the time for the pick to appreciate for just the one day, to pull themselves out of a minus score or to add to a low plus score, but at the cost of a percentage point or two penalty. Thus if on Friday someone had what they thought was a great setup and needed a few more percentage points to build on or add to their score to protect their position, they would have the opportunity to do so less the penalty percentage taken off for using the 3rd pick. I want some feedback and would go with whatever the general consensus is about the suggestion. No big one way or another with me.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • spikefader
                              Senior Member
                              • Apr 2004
                              • 7175

                              Ski, sell ROS and short BEBE please.

                              Comment

                              • spikefader
                                Senior Member
                                • Apr 2004
                                • 7175

                                Originally posted by skiracer View Post
                                ...a hand with Lye's entry price at 10:11 am...
                                I've got 29.51 opening price at 10.12 eastern, Ski.

                                Comment

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