Portfolio of the Week

[IIC]

Dmk112,
Maybe it would be a good idea to put stops in. Because my brain can't stand a lot of calculating, lets have the stops all at the same % maybe 7 or 8. Just state "use stops " and stock will automatically be frozen at that point. It will be an option. To eliminate controversy, if my quote site says the low at any time during the day hit the magic number and contestant said "use stops" it will be applied. I'll miss some of those 20 - 30 % drops, however.


billyjoe

I don't like that idea...I thought we were picking stocks that we thought would end up (if we go long) for the week. On the Naz your stop becomes a market order if the best bid is at or below your stop...Unlike the NYSE when your stop does not become a market order unless the stock trades at or below your stop.

So...who's gonna watch the bids in R/T all week???

I had this happen to me in Jan 2004...I was on a cruise in MX...And I don't feel like checking my records to see exactly what happened right now...But I placed a stop on RATE and then went ashore. When I got back I saw I was stopped out. But as I recall it was about 14...I placed a stop at about 13.38. It never went that low...but my stop filled at 13.52 and 13.60...I was ticked...but when I got back home I found out that the best bid had been 13.37 at one time...Or so they say.

MCRS...I announced to the world on the chats that I placed a "Wide" stop on my remaining shares yesterday at about 12:05pm EDT...look at a chart and see what happened. Now I'm not gonna say that I invest big enough dollars to influence anyone or anything in my Cash Account...But it sure was strange.

Actually though...I do trade with others who can influence stock prices on lower volume issues. An example was TAXI in 2003. My trading partner bot over 10% of the days vol. near the close...I had bot it a few mins earlier. She drove the price up and then bailed in the first 10 mins the following day. She didn't even realize that she was doing that...I IM'd her the first afternoon and told her she was crazy...Get out in the morning...And when she did...it tanked. Fortunately, I did too...relatively unscathed...IIC

[billyjoe]

IIC,
I wasn't thinking about NAZ. You're right , this should be as realistic as possible and it won't be if the bids can't be watched which I can't do. Guess we're back to the way it was.

billyjoe

[MEA_1956]

Back

Yes. I Think this a contest for fun. If you start making all these rules then you will have to also install a disclamer and so on and so forth. The best sys. is the MISS SYS. for all us simple minded folks.

Short NTRS next week.

Kelly told me that a service he subs. to reported it will be going down this week. Their last pick was MATK and look at what it did last week. MEA

PS Dr. Tom AND Bob DeVany are proud of you. You wear there color well.
GO BIG RED

[scifos]

I don't much like the idea of stops either.

[scifos]

Billyjoe: what are the rules on shorting a stock. My pick for next week is SIGA, but at 1.07 I'm not sure if it'd be available for shorting.

[RL]

Just Keep Things The Way They Are.this Is Just For Fun.now I,m Going To Go Throw My Darts.

[RL]

Implementing a new method of throwing darts, sure hope this works.

AMHC

GGP

LCAV

LKQK

QSII [two weeks In a row that has never happened]

[coachgbw]

bounce week ahead ( i hope)

congrats to IIc superb job did ya get your plaque yet in mail? lol
ok my picks are bouncers this week been runnin low for some time
time to bounce
qlti-macd, rsi ready to bounce with doji showing possible change
hurc-all indicators show bounce with doji also
good luck to all and gl to me for a change

[jiesen]

my POTW pick

this week I have to go with:

AMLN long

[B.J]

Can I get in?

DIOD long
LB long

[skiracer]

OIH - long
SOX - long
CY - long
HTRN - long
By the way Doug, WTG on last weeks win.

[Websman]

I haven't had time to come up with any new picks. I think I'll just watch this week.
Good luck guys and gals.

[RL]

>> INVESTING FOR YOUR RETIREMENT:
> > >>
> > >>
> > >>
> > >> If you had purchased $1000.00 of Nortel stock one year ago, it would
> > > be
> > >> worth $49.00.
> > >>
> > >> With Exxon you would have $16.50 left of the original $1000.00
> > >>
> > >> With WorldCom, you would have less than $5.00 left.
> > >>
> > >>
> > >>
> > >> BUT, if you had purchased $1000.00 worth of BEER one year ago,
> > >>
> > >>
> > >>
> > >> drank all the beer, then turned in the cans for the aluminum recycling
> > >> REFUND, you would have had $214.00.
> > >>
> > >>
> > >>
> > >> So based on the above, current investment advise is to
> > >>
> > >>
> > >>
> > >> DRINK HEAVILY AND RECYCLE
> > >>
> > >>
> > >>
> > >> It is called the 401-Keg Retirement Plan

[billyjoe]

RL,
You are correct I did that , but unfortunately, injured my ankle smashing the cans and had over $1000 in doctor bills.

billyjoe

p.s. part of this story is true

[billyjoe]

Scifos,

I give you permission to short it.


billyjoe