Portfolio of the Week

[skiracer]

So you're saying I can still execute my brilliant plan of playing the sector ETFs all year, but that I'll be a laughingstock for it?

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.

[IIC]

So you're saying I can still execute my brilliant plan of playing the sector ETFs all year, but that I'll be a laughingstock for it?

Not if you win

[IIC]

I decided to play...although I'm not going to try and pull fast tricks (not very often anyway) this year...Hardly any of them worked anyway....I will just pick stocks that I actually think will do well for more than 15 mins...lol.

Tough this week though...appears to be some nice ones...But I have decided to go long on VVTV at the open Wednesday...Best To All...Doug(IIC)

[skiracer]

I decided to play...although I'm not going to try and pull fast tricks (not very often anyway) this year...Hardly any of them worked anyway....I will just pick stocks that I actually think will do well for more than 15 mins...lol.

Tough this week though...appears to be some nice ones...But I have decided to go long on VVTV at the open Wednesday...Best To All...Doug(IIC)

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.

[Karel]

PCCC Long

PCCC is still going strong on my screen.

And a happy new year for everyone!

Regards,

Karel

[mimo_100]

I'll start in CA$H. Thanks.

I'll start in CA$H. Thanks.

[spikefader]

NTPA long for me thanks.

[jiesen]

Peanuts, please start me in $$CASH$$ for this week. Thanks!

[Websman]

ZICA - long

[IIC]

ZICA - long

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

[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

[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.

[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.

[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.

[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.