Portfolio of the Week

[RL]

ATTA WAY WEBS sorry my pick turned out to be a bust. What po me off Is I'll never know why It dumped the way It did

[Websman]

I won? Excellent!

I'll work on a new pick.

[billyjoe]

Spock was 50% Vulcan and Webs must be more than that. As his Vulcanization increases so does his stock picking ability. Talking about him , to praise or criticize his picks will have no effect . Vulcans observe ,but show no visible reaction. Good job , Webs, even if you don't give a sh%$.
Sowers, awesome, we'll all be researching your next one.


billyjoe

[Karel]

Hmm, worst pick but one, not stellar. SNDK cost the portfolio average almost 0.5%. Stupid downgrade! Oh well. It was a bad POTW week, as SPY rose 1%. I am not complaining (but not jubilant either): my (virtual) mechanical fund rose 0.25%; I'll make up a report. So I beat the POTW with something dumb and mechanical. Now for beating the market...

How is this for a challenge: My mechanical fund against the sharpest minds on this board. I'll lean back and let you do all the work. It might be best in that case for me not to enter a POTW pick, because of a conflict of interest. My picks are not meant to score in one week anyway, so they're just fluff as far as the POTW is concerned. How's that, Lye?

Regards,

Karel

[Runner]

http://www.mrmarketishuge.com/showpost.php?p=30796&postcount=2110

I see my ARO was a stellar performer this week. Lucky it never triggered

[scifos]

I'll take amwd long for next week. If it breaks 32.29 its got no resistance until about 37.

[spikefader]

Lye,

Not to be a complainer, but honestly dude, I think anyone that takes a hit on a stock that moves +10% needs their head read - which is what happened to my pick. Let's make this thing a little more realistic and allow for targeting and/or trailing stops. Anyone that can pick something that moves that far deserves it. Sheesh, even a "stop to even" rule would have had me finish a no loss 8th instead of in the red 13th.

[Lyehopper]

I feel your pain Spike....

Lye,

Not to be a complainer, but honestly dude, I think anyone that takes a hit on a stock that moves +10% needs their head read - which is what happened to my pick. Let's make this thing a little more realistic and allow for targeting and/or trailing stops. Anyone that can pick something that moves that far deserves it. Sheesh, even a "stop to even" rule would have had me finish a no loss 8th instead of in the red 13th.

I hear ya Spike, I was in 3rd and up nearly 5% at one time with my VRTX short too, remember?.... I agree with your reasoning on the score keeping....

As for ACTUAL (real life) profit taking.... When I play these picks for real I'll be taking profits as the stocks hit my targets. So even though you finished 13th and red.... You'd still be a hero because of your contribution to the portfolio's profits last week. Ray would have been a hero too. Here's the thing that Karel and some others fail to realize.... I won't be trading the portfolio in "lock step" with the POTW contest results, I'll use simple old fasioned common sense and experience to nail down the profits. I'll also be leveraging the buying power with margin to accelerate the profits.

Back to the contest rules.... The only reason the rules stand where they do right now is because it's easy for me to keep score this way. If I have players trading in and out of positions it'll take too much time for me to keep up with the score. If we change the rules we'll still need "simple" rules that discourage daytrading. Post your proposal for revised rules Spike. Need to decide and post them soon so the fellas will know.

Tell ya what Spike.... I'll make you a deal, I'll gladly change the rules to your liking if you'll help me keep up with the score!.... Now if we had played your way last week the POTW would have been green and it would be more representative of the profit potential in our picks. Cool? Help me out dude?

[Lyehopper]

No conflict of interest in my eyes!

Hmm, worst pick but one, not stellar. SNDK cost the portfolio average almost 0.5%. Stupid downgrade! Oh well. It was a bad POTW week, as SPY rose 1%. I am not complaining (but not jubilant either): my (virtual) mechanical fund rose 0.25%; I'll make up a report. So I beat the POTW with something dumb and mechanical. Now for beating the market...

How is this for a challenge: My mechanical fund against the sharpest minds on this board. I'll lean back and let you do all the work. It might be best in that case for me not to enter a POTW pick, because of a conflict of interest. My picks are not meant to score in one week anyway, so they're just fluff as far as the POTW is concerned. How's that, Lye?

Regards,

Karel

Wish you'd play Karel.... I don't see any "conflict" of interest here. Afterall It's just a game. We've all finished red before, dosen't reflect on your stock picking abilities just the market. Two weeks back Spike finished over -20%! in the red the week before tht Scifos and me were BOTH down over -25%. BUT.... Scifos, Spike and me have all won this contest too. Sometimes ya win... sometimes ya lose.... All here are traders all here know.... "that's just the way it is".... All here know the market is ruthless.

Give us another pick Karel, you're a cool guy, It's fun having you play dude.

What-do-ya-say fellas? Should our Netherlander bud Karel skip out on the POTW? or keep pitching a pick into the hat?

[Lyehopper]

Chin up Ray!

ATTA WAY WEBS sorry my pick turned out to be a bust. What po me off Is I'll never know why It dumped the way It did

In the real life portfolio, we'd have nailed down that 7% gain last week dude!.... You'd still be a winner!

[spikefader]

I'm all for the concept of 'ease of keepin' score. I agree that rules to discourage day trading are good unless someone can commit to the time to run it that way. I'll do it again in the New Year some time for a few weeks, but now's not good for me. I say keep the buy and hold rule, with the one additional rule of stop to even if it gets say +5 or 6% unless the trader specifically states otherwise. That way it's fair to all. And if you stop out based on that rule, that's it, you don't get another pick and you take the b/e result. I'd be happy with that. That one extra rule isn't much difference to the scorekeeper. And if you do need help keepin' score, I can do that and post daily results for a couple weeks, but I can't run the Spike daytradin' version til next year.

[Karel]

Wish you'd play Karel.... I don't see any "conflict" of interest here. Afterall It's just a game. We've all finished red before, dosen't reflect on your stock picking abilities just the market. Two weeks back Spike finished over -20%! in the red the week before tht Scifos and me were BOTH down over -25%. BUT.... Scifos, Spike and me have all won this contest too. Sometimes ya win... sometimes ya lose.... All here are traders all here know.... "that's just the way it is".... All here know the market is ruthless.

Give us another pick Karel, you're a cool guy, It's fun having you play dude.

What-do-ya-say fellas? Should our Netherlander bud Karel skip out on the POTW? or keep pitching a pick into the hat?

OK, I'll pitch one in, you can always pitch it out again. The possible conflict of interest is that I want to pit my Mechanical Fund against your POTW (you seem to have hijacked it neatly). If it's no problem for you, I'll just play, and hope for the occasional winner. This week I'll pick GES. I'll stop picking the first one of the screen, that might be courting the danger of silly downgrades too much, and once bitten twice shy. I'll take position nr.8 for my lucky number. And no, I don't mind losing with a single pick. That is why I diversify with my real money.

And 5% per week just seems overambitious, whichever way you want to play it. Just my opinion, of course.

Regards,

Karel

(Before I forget: Mechanical Fund - POTW: 1 - 0)

[Lyehopper]

OK.... NEW RULE.... In effect this week!

I'm all for the concept of 'ease of keepin' score. I agree that rules to discourage day trading are good unless someone can commit to the time to run it that way. I'll do it again in the New Year some time for a few weeks, but now's not good for me. I say keep the buy and hold rule, with the one additional rule of stop to even if it gets say +5 or 6% unless the trader specifically states otherwise. That way it's fair to all. And if you stop out based on that rule, that's it, you don't get another pick and you take the b/e result. I'd be happy with that. That one extra rule isn't much difference to the scorekeeper. And if you do need help keepin' score, I can do that and post daily results for a couple weeks, but I can't run the Spike daytradin' version til next year.

If your stock has a gain and you want to keep the gain and sell (or cover) the position. Either set (and post) a stop target or post to sell (or cover) at "market" price and I'll use the post time to nail down your price and gain....

After you sell (or cover) the position you ARE allowed another pick.... but ONLY one more for the duration of the week. Again you can sell it for a gain, sell it to avoid further loss, etc..... Using stops for closing the position only.

So basically NOW we get two trades per week for each player.

How's that sound Spike? Now this is more realistic!

I want some real gains now fellas! Remember 4-6% is a nice gain target, but each trader must decide what's enough priofit and/or loss.

[Websman]

It doesn't matter what rules are used. With my superior, Vulcan stock picking skills, I'm sure to win.

[IIC]

Geez!!!!...How many times are the rules gonna change? Glad I'm not scorekeeper!

I will just make one pick for the week do or die...This week there are too many good one's...But I'm going w/ VCLK long...although, I think TFSM might do better...But I picked that one in another contest...So now I have 2 chances...Actually, I'm in a third contest that let's you pick 3 stocks...So I have those 2 in that one and ____Have not decided yet____...Doug(IIC)