$$$MR. MARKET$$$'s Personal Homepage and Stock Portfolio

[mrmarket]

To learn more about how the $$$MR. MARKET$$$ model works and to read about $$$MR. MARKET$$$, himself, go to his personal homepage:

http://www.mrmarketishuge.com/huge/

[JARM]

Mr. Market,

Okay, I guess I misunderstand the intent of your picks produced by your model.

Perhaps I can rephrase my question as follows: Are there ever circumstances or time considerations (for example, what applied 6 months ago might not apply today) that would ever cause you to think that perhaps the model, as successful as it has been, might on occasion not yield the results it predicted? When and under what circumstances (if any) would you cut your losses?

Had I followed your rule of taking 15% profits I would currently have more money in my account, but being very new to the market, I've made some amateur mistakes and watched some profits dissipate. That's the reason that I'm asking about cutting losses--I don't want to repeat past mistakes. Are there ever times that your model doesn't work as intended, and if so, do you take any protective measures?

Thank you again for your time and help.



I'd appreciate any

[mrmarket]

My model is a forest...not individual trees. It tells me what stocks to buy. I don't know which ones will go straight up and which ones will take a meandering path. What I do know is that if I sell all of the stocks that drop 8%, I would have made a lot less money than if I had held them to their 15% target.

[billyjoe]

stock picking model

Mr. Market, Your stock market model states that in a typical bull market stocks picked will, on average, gain 15% in 4-6 weeks. Many people would still not call this a typical bull market, but your model is working wonderfully. In theory, if this was a "raging bull" market would the 4-6 week period be shortened to say 2-4 weeks? Would you ever modify your 4-6 week plan if this market really took off or would you increase the 15% gain goal to 20-25%. Thanks, Billyjoe

[mrmarket]

Re: stock picking model

Mr. Market, Your stock market model states that in a typical bull market stocks picked will, on average, gain 15% in 4-6 weeks. Many people would still not call this a typical bull market, but your model is working wonderfully. In theory, if this was a "raging bull" market would the 4-6 week period be shortened to say 2-4 weeks? Would you ever modify your 4-6 week plan if this market really took off or would you increase the 15% gain goal to 20-25%. Thanks, Billyjoe

Good question Billy Joe,

What would happen is I would end up turning my picks more frequently and, as a result, compound my gains more rapidly. I remember back in the late 90's I did a few hundred trades when the market was really roaring.

[bknight]

I have a small question about your databases. IF you don't subscribe to all the IBD extras, where do you come up with lists of the eps>90, eps growth, and rs?
Thanks

[mrmarket]

I have a small question about your databases. IF you don't subscribe to all the IBD extras, where do you come up with lists of the eps>90, eps growth, and rs?
Thanks

IBD newspaper and a pencil.

[bknight]

I thought you had a faster way of doing that, but thanks.

[mmcfarli]

Consider this Fine Meat & Cheese

Mr Market,

Have you looked at ASFI, PRAA, and ECPG? They're all in the three biggest publicly owned companies in the debt collection business and their fundamentals are very strong. I just bought ASFI today. It looks very undervalued compared to the other three. But I'm thinking of balancing my holdings with the other three because I don't yet have that much confidence in my valuation skills. What are your thoughts?

Mike

"Live long and prosper"

[mrmarket]

Mr Market,

Have you looked at ASFI, PRAA, and ECPG? They're all in the three biggest publicly owned companies in the debt collection business and their fundamentals are very strong. I just bought ASFI today. It looks very undervalued compared to the other three. But I'm thinking of balancing my holdings with the other three because I don't yet have that much confidence in my valuation skills. What are your thoughts?

Mike

"Live long and prosper"

They all look ok, but their price momentum really isn't very strong when compared to their valuations. That doesn't mean you won't make money on them, just that they probably won't finish near the top when I run my model.

[mooddude]

The list http://members.aol.com/ebarsamian/ looks quiet impressive. I have some questons to mrmarket... Did you re-invest after each transaction? If yes, then how much do you reinvest? Also, wouldn't the worst drops of 85.9% kill all previous gains?

[mrmarket]

The list http://members.aol.com/ebarsamian/ looks quiet impressive. I have some questons to mrmarket... Did you re-invest after each transaction? If yes, then how much do you reinvest? Also, wouldn't the worst drops of 85.9% kill all previous gains?

Usually I do reinvest. I've had stocks drop before, but they almost always eventually reach my sell target, and in most cases they outperform the market in doing so.

[mooddude]

What's your average percent gain on all closed and current investments, if not a secret?

[mrmarket]

What's your average percent gain on all closed and current investments, if not a secret?

all of my trades since Jan 1 2002 are listed on my homepage along with the percentage gains. It should be easy enough to average them out, if that's the math you want to perform.

[mooddude]

To calculate the average, I would need the amounts associated with each transaction. They are not there, that's why I'm asking

Let's say one makes 50% on $100 and then loses mere 5% but on $5000. Looks like it was a good 50% gain and just a 5% loss. Alas, that's a huge loss on average.