Portfolio of the Week

[Websman]

That's why the Government is broke

I love living off the taxpayers dollar! jejejeje

[riverbabe]

billyjoe, all the best to you. Hope you will be back and in good health soon.

Peanuts, please put me in UAUA long. Thank you. Riverbabe

[IIC]

Actually they do...I'll get 25% of unused sick leave paid to me upon retirement. I have about 4 months worth right now. sssssss

That's why the Government is broke

[billyjoe]

Peanuts,
I'm going in for surgery and might not be back until Feb. Can you place me on medical leave from the contest? Thanks

----------------billyjoe

[Websman]

You took off work because you had a cold???...I have not been out sick from work for well over 20 years...too bad they don't pay off unused sick time.

Actually they do...I'll get 25% of unused sick leave paid to me upon retirement. I have about 4 months worth right now. sssssss

[JohnHenry]

Vclk

Hi
VCLK long please!

[IIC]

No thunder stolen at all Dude. LOL

I wanted to come back and chat, but I got over my cold and had to go back to work. As for ZICA... I toook my profit and will look for another entry later.

You took off work because you had a cold???...I have not been out sick from work for well over 20 years...too bad they don't pay off unused sick time.

[Websman]

Yep, Webs sure did mention ZICA to me ....... as a daytrade loss from memory...... so I pulled up some charts and saw how good it was long-term. Hope ya'll consider it for your ports; it's screaming long now.

And Webs, I hope my Pick of the Year entry hasn't stolen your thunder.... I've got a bunch of others I can choose from if you want it.

PS. I was waiting for you to come back to chat and "celebrate" about the overnight +25% move from that TA entry point.

No thunder stolen at all Dude. LOL

I wanted to come back and chat, but I got over my cold and had to go back to work. As for ZICA... I toook my profit and will look for another entry later.

[scifos]

My point was that being in stocks in the strongest sectors and groups within those sectors puts the edge in your favor. Any edge in your favor makes sense to me and trading stocks within the strong sectors at any given time makes sense to me. The ETF's or HDLR's for those sectors are usually more predictable than the stocks themselves. It's just more ammo in your arsenal. But to each his own.

Indeed. I don't recall exact figures, but I remember a study that found the majority of a stock's gain/loss was due to sector and overall market direction; i.e a rising tide lifts all boats.

[skiracer]

Doug,
You were just playing hard to get.

Peanuts,
MED - long please to start off the New Year. Hopefully millions of people will be making resolutions to lose some weight through dietary programs.

Peanuts,
Cancel MED - long please, I've decided to go in another direction. Thanks.

[skiracer]

I was really just joking. I do look at sector ETFs to see what's hot and what's not. I think I'd only play them if nothing else was attractive.

My point was that being in stocks in the strongest sectors and groups within those sectors puts the edge in your favor. Any edge in your favor makes sense to me and trading stocks within the strong sectors at any given time makes sense to me. The ETF's or HDLR's for those sectors are usually more predictable than the stocks themselves. It's just more ammo in your arsenal. But to each his own.

[scifos]

Not in my mind an especially if you play the strong sector ETF's I think you would do quite well percentage wise over the long term. As Peanuts stated, "it would only take a 1.34% gain per week to double your initial $1000". I don't think that is a prohibitive gain per week to accompolish average wise if you only played the strong sector ETF's. They usually don't move as much as the stocks in their basket but they are more predictable than the stocks themselves. I had a great year with them this past year and owned at least several different ones throughout the year as sector rotation cycled. I've held GLD since last May and it's up close to 37% from my entry. I can appreciate not allowing the pink sheet and bulletin board stocks but the ETF's and HLDR's are quite different and much more like the stocks on the DIA and the Nasdaq.
I don't think you would come in first many weeks but overall you would do well and better than the average just picking stocks.

I was really just joking. I do look at sector ETFs to see what's hot and what's not. I think I'd only play them if nothing else was attractive.

[spikefader]

Yep, Webs sure did mention ZICA to me ....... as a daytrade loss from memory...... so I pulled up some charts and saw how good it was long-term. Hope ya'll consider it for your ports; it's screaming long now.

And Webs, I hope my Pick of the Year entry hasn't stolen your thunder.... I've got a bunch of others I can choose from if you want it.

PS. I was waiting for you to come back to chat and "celebrate" about the overnight +25% move from that TA entry point.

[Websman]

I figured out what the VTP is now...You just take Spike's pix...lol

Actually, I was the one who brought ZICA to Spikes attention...jejeje

[IIC]

ZICA - long

I figured out what the VTP is now...You just take Spike's pix...lol