Portfolio of the week - 2008

[skiracer]

methinks a few players might be having just a little bit of trouble with that rule...

at first i would have agreed with you jiesen. after thinking about it i see some of the logic behind his rule. if you placed the stop gain on your play when posted the play has to make it to 5% higer than your entry to be able to exit it and then you can exit but a new play has to be entered before the old play falls below your exit price. quite restrictive in that most plays don't make it to 5% higher at any time during the week much less stay in the green all week. so those players are stuck in the position regardless of their first choice at posting.

i would say that it is the same as one pick a week with or without an automatic stop. i don't think any of us really read or appreciate the rules the first week of play and therefore when the effects of the rules begin to show through we better understand how we should set the play up initially.

I think placing the stop gain initially is the way regardless just to insure that in case your stock goes up over 5% you could exit at some point to insure your gains and to have the opportunity to make a 2nd pick. If it becomes unbearable or it shows as way to restrictive to the game to be enjoyable then we can "storm the Bastille" so to speak.

[skiracer]

I would like to point out that the correct spelling of the term is mother lode, but perhaps you already know that.

i think you are more academic than doug. i would agree with you Rob. i would bet that he does know the correct spelling but is just using "poetic license" in this case. after all is he a barbarian?

[riverbabe]

I would let river babe push me into some good fly fishing holes!

Honestly and truly, without offense, I feel caught in a fly fishing hole. I can't exit a trade unless I have a 5% or more gain, even if I have a loss and want to change horses. Guess I don't understand why such a restrictive rule would be placed on such a short term trade, [I]i.e.,[I] one week! For me, it sort of takes the joy and fun out of planning the strategy and taking advantage of unexpected news during the week. JMHO. Riverbabe

[hags]

Potw Rules Change

Before the masses rush the scorekeeper I've decided to change the rules....and after much deliberation I've changed the score sheet also.....please review the rules for they are in affect this week....

Here they are.....

[hags]

A look back at last week using the new rules

A review of last week's results using the new rules....even though I wasn't the official scorekeeper, I wanted to "back test" my spreadsheet and start with some previous data so the table made more sense....

I hope Rob is OK with me borrowing some ideas from his contest....I didn't intend to copy, but to make similar since most members are playing both games...

Here's last week's chart...

[skiracer]

could anyone have handled that situation more equitably or diplomatically? well done hags. have you written formulas into your spreadsheet and connected to a intraday price source. rob has it where it's connected to a realtime quote system and changes with the price changes. i noticed that with excel if you plug in the formula for price difference each day it will also figure the % changes automatically in the box for that which saves alot of time after the first day. great job.

[hags]

This weeks results....

OK...here's this weeks chart using the new rules....alas you'll note I took Rob's SELL / BUY order from yesterday and thus he is on his second position now...Note the first position is CLOSED and shows his loss, and it also shows the current value had he continued, thus he gets to see if his move was indeed a good one....which it was.......So using the new rules, the game is now open to SELL / BUY orders if you wish to try and improve your results.

Sorry for the dust and commotion......I'm trying to make this chart and the information more usable then what it was before.

hags

[IIC]

i think you are more academic than doug.

At least I know when to use caps

[Rob]

At least I know when to use caps

But how are you with periods?

[skiracer]

At least I know when to use caps

i hate to use capitals when typing anymore. does it change the meaning of the thought by being capitalized. i don't need the distinction. so in all cases other than business specific with other bozo suits and professional i am foregoing the use of capitals in my general dialogue with friends. i hope it catches on. think of all the time you would save not having to stop the fluidness of your typing to move your pinky over to the shift key plus breaking the continuity of the entire act.

[hags]

have you written formulas into your spreadsheet and connected to a intraday price source.

Yes I have....I just hit the update button and all prices are updated...

The spreadsheet seems to be working as planned....I can drill the data as I like....Here's the running balance totals for POTW, starting from last week's data...

And here's a little added feature for random picks I find floating out on the net...I place them in the same week's game to see if the predictions from others come true....You'll see "guests" Motley Fool and Matrix Research...

[IIC]

i hate to use capitals when typing anymore. does it change the meaning of the thought by being capitalized. i don't need the distinction. so in all cases other than business specific with other bozo suits and professional i am foregoing the use of capitals in my general dialogue with friends. i hope it catches on. think of all the time you would save not having to stop the fluidness of your typing to move your pinky over to the shift key plus breaking the continuity of the entire act.

WHEN YOU BOLD EVERYTHING IT MEANS YOU ARE YELLING AT ME.

[Rob]

. . . think of all the time you would save not having to stop the fluidness . . .

If I may respectfully take up an opposing position, think of a whole new generation of youngsters growing up thinking that proper syntax is unimportant, which is what will inevitably occur if a significant number of people disregard convention. (Whether or not correct usage is important is debatable and another subject altogether.) In fact, I am of the opinion that the damage has largely already been done, and I am waiting for the pendulum to begin its movement in the opposite direction. This is just one man's opinion—which opinion happens to be correct. (As we all know, opinions do not exist in a vacuum.)

[hags]

Close on Wednesday.....Only a guest pick is in the green........and I was hoping to bring some good luck to POTW......oh well....

Checkout the new rules if you missed the mid-week change to the game....you're all able to make new selections via the new rules...

good luck the rest of the week.....hags

[skiracer]

exit FEED - 14.10