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

[stockedup]

Gloria, it's confusing to me too. It wouold be nice to learn and it be easier to find and learn.

[casinoboy3]

Didn't want to start a new thread, but
MM, will you be seeing Bruce on the upcoming tour??

[mrmarket]

Yes. If someone gets me a ticket.

[casinoboy3]

Yes. If someone gets me a ticket.

Oh, tickets for Philly/Jersey may be a little difficult. I might have an extra for Cleveland, but that's quite a distance from Jersey. Anyway, hope you get one!

[dmk112]

MM,

Did you watch the Boston VS. Yankees game? That fan was very close to getting his lights punched out by Sheffield.. He's one you don't want to mess with!

[Iggy]

Huge one;

Question. Have you ever analyzed how quickly a pick gets to certain benchmarks? Up 5%, up 7%, up 12.3%? It is just a vague impression that I get from following some of your picks, that often a stock will lose steam before hitting the 15% mark, and occasionally fall even below the purchase price once a bit of that momentum is lost.

In any case, if you found that your picks on average took 8 trading days to go up 12%, and 13 days to go up 15%, would it not be more beneficial to change your sell target?

Of course; this type of math is over my head, so I won't be doing it...

Great stuff - I'm definitely getting more use out of the board as my experience in all things market grows.

[coachgbw]

Quite a record

Iggy consider this:

Some facts to consider when MM makes a deal:

Out of 66 winners 10 of them are under 6 days

Out of 66 winners 17 are under 25 days

So if ya stick with his picks 34% of the time you will gain 15 % in 25 days
or less.

He must be eatin the rite veggies and cheese!!!

My coachin hat is off to the man!!!!!

[Websman]

Hey, whatever happened to the Portrait Gallery? It would be great if I could post some pics of myself so the chicks would have something to drool over...besides Mr Market, of course.

[Iggy]

For the sake of argument, I’ll ignore intra-day highs for calculating the potential gain – but will mention what they were. My theory is that an 8% sell target would mark a quicker turnover, and less risk of a big fall. Since his winners obviously reached 8% and MORE, I’ll ignore them for now – but perhaps it would be interesting one day to chart how quickly they reached certain marks.

I’m just going to post what I find, right or wrong.

PTSI, Purchased 4/5/2002 @ 24.84:
Price Target: $28.90
Highest Close: $26.85 on 6/27/2002
Highest Intra-Day: $27.50 on 6/19/2003
Potential Gain: 8.1%
Current: -32.8%

PRX, Purchased 9/18/2003 @ 72.40:
Price Target: $83.70
Highest Close: $74.71 on 12/2/2003
Highest Intra-Day: $75.44 on 12/2/2003
Potential Gain: 3.2%
Current: -54.1%

CBK, Purchased 10/20/2003 @ $29.38:
Price Target: $33.90
Highest Close: $29.65 on 10/21/2003
Highest Intra-Day: $30.55 on 11/3/2003
Potential Gain: 0.9%
Current: -39.7%

BEL, Purchased 1/2/2004 @ $21.12:
Price Target: $24.40
Highest Close: $21.78 on 1/5/2004
Highest Intra-Day: $21.89 on 1/5/2004
Potential Gain: 3.1%
Current: -86.7%

SSNC, Purchased 2/12/2004 @ $29.60:
Price Target: $34.10
Highest Close: $33.53 on 2/27/2004
Highest Intra-Day: $34.23 on 2/27/2004
Potential Gain: 13.3%
Current: -22.4%

AACE, Purchaed 3/5/2004 @ $31.34:
Price Target: $36.20
Highest Close: $31.95 on 3/5/2004
Highest Intra-Day: $32.40 on 3/5/2004
Potential Gain: 1.9%
Current: -30.9%

OFG, Purchased 4/5/2004 @ $29.01:
Price Target: $33.50
Highest Close: --
Highest Intra-Day: --
Potential Gain: 0%
Current: -19.7% (Now down over 50% due to a recent plunge – was never higher than on day of purchase)

NUTR, Purchased 5/28/2004 @ $24.21:
Price Target: $28.10
Highest Close: $26.76 on 6/4/2004
Highest Intra-Day: $27.62 on 6/7/2004
Potential Gain: 10.5%
Current: -34.5%

DW, Purchased 6/22/2004 @ $38.37:
Price Target: $44.30
Highest Close: $41.01 on 6/28/2004
Highest Intra-Day: $41.59 on 6/28/2004
Potential Gain: 6.9%
Current: +2.0% (Stock is currently up, I limited the time for “Potential Gain” to one month from purchase date).

NUS, Purchased 7/8/2004 $24.29:
Price Target: $28.00
Highest Close: $27.38 on 7/28/2004
Highest Intra-Day: $28.15 on 7/28/2004
Potential Gain: 12.7%
Current: -7.4%

FLIR, Purchased 8/5/2004 @ $31.28:
Price Target: $36.30
Highest Close: $32.96 on 8/23/2004
Highest Intra-Day: $33.34 on 8/23/2004
Potential Gain: 5.4%
Current: -3.5% (Stock went as high as $34.95 this February, I limited the time for “Potential Gain” to one month again)

CME, Purchased 12/15/2004 @ $224.74:
Price Target: $259.40
Highest Close: $227.49 on 12/30/2004
Highest Intra-Day: $230.25 on 1/3/2005
Potential Gain: 1.2%
Current: -16.0%

ARLP, Purchased 1/21/2005 @ $70.30:
Price Target: $81.20
Highest Close: $79.75 on 3/5/2005
Highest Intra-Day: $80.99 on 3/7/2005
Potential Gain: 13.4%
Current: -6.8%

CMTL, Purchased 3/29/2005 @ $33.70:
Price Target: $38.90
Highest Close: $36.20 (Today, 5/5/2005)
Highest Intra-Day $36.77 (Today)
Potential Gain: 7.4%
Current: +7.4%

Of the 14 picks currently being held by Mr. Market, 5 could have been sold at an 8% gain fairly quickly after the purchase date (not counting CMTL – which I fully expect to hit 15%). Two more could have been sold at a 5% gain. Would a greater turnover in those 5 “pick slots” and a potentially more rapid turnover in the winners department have made up the difference of 8% to 15%? Or, are you just needlessly exposing yourself to excess risk by turning over stocks as many analysts would suggest?

Perhaps the best system is to always have flexible goals? If a stock doesn’t achieve that 15% in the 3-4 week outlook, perhaps lower expectations rather than ride out a fall?

Just set stop limits as others on here have recommended to avoid the BEL’s and OFG’s?

I don’t know. Stuff to think about. Some more.

[james75a]

Ernie: I've just joined and already I'm about to say "who loves ya, baby". I'm looking forward to many happy times as an acolyte of yours in the world of finance Happy days and happy thoughts to you and yours. James75a

[RL]

Ernie, Are you the same Mr. Market that has been posting on the Lizzard swamp group?

[mrmarket]

Ernie, Are you the same Mr. Market that has been posting on the Lizzard swamp group?

I have posted there infrequently. If someone else is posting regularly it is not me.

[RL]

No the posting Is very Infrequent, thanks for your reply.

[bknight]

Where to next?

So what is the newest big winner?

[TraverseTramp]

Having all the IBD extras is required to run this model? Has anybody found another way? Are there any additional pointers on how and where to look for the information needed? I couldn't get past step one without IBD chart service.
I'm trying to be serious about day trading here with Real Tick. The best advice I can give is start on TALX first, 300 a month for a ton of lessons and don't keep any loaded guns in the house.....Later, Traverse Tramp