Portfolio of the Week

[Rob]

Week 42 (3), Day 2

Alice B. Toklas sits atop the writhing, seething mass of all us money-grubbing capitalists, with Mr. Goober Peas right on his coat tails.

But what's this? Shooting across the grid like a Perseid meteor on a moonless, cloudless night, hundreds of miles from the city lights! ... Faster than a speeding bullet point on an S&P report! More powerful than a loco motive! Able to leap tall, building Elliott Waves in a single bound! But strangely unable to put out those flames shooting from his brain! ... Look! ... Up in the sky! ... It's a wave! ... It's a particle! ... It's neither! ... It's a wave-particle duality, exhibiting characteristics of both! It's The Photon! And he's taking no prisoners!

[Rob]

I think it's a she...never heard of a dude calling himself "babe"...

Hey, Sticky, do you recognize this dude?

[Rob]

STEC Getting Crushed Today

Spike, I know you still have hopes for your IMCL short, which outlook I do not share, as you know, but it's a good thing you sold STEC! Have you seen what it's doing today? Wow, getting whacked big time! Down just over 9% right now.

[IIC]

Out ABAX...in STEC...Iceman

[Gwhiz]

Please take me out of FRG and put me in AKAM
thks

[mimo_100]

sell CLRK

Sell CLRK -- put me in ca$h

Thanks Rob

[billyjoe]

Rob,
Do you see a big run up in GOOG before year's end ? My son wants me to buy him some and he's usually right about tech stocks. Still kicking myself for not buying at 75 and kicking myself again for selling at 218.

----------billyjoe

[Rob]

Week 42 (3), Day 3

Alert!! Alert!!
DOW Intraday > 12,000 First Time Ever!!

And on the POTW: like I said, The Flamin' Brain is taking no prisoners! Shoot, I guess if he had his way, Webs would soon be looking for another job!

[Rob]

Do you see a big run up in GOOG before year's end ?

Hard to say when, Billyjoe, but I see it going to 500 before too long. I'm in it for the loooonnnnnng haul.

[skiracer]

Please take me out of FRG and put me in AKAM
thks

Whiz,
What were you thinking at the moment that you made this decision. Did you look at an intraday chart at all before taking this long. It was already on a big slide when you made the entry. Please explain your reasoning on this on or what you saw for a long play.

[spikefader]

Spike, I know you still have hopes for your IMCL short, which outlook I do not share, as you know, but it's a good thing you sold STEC! Have you seen what it's doing today? Wow, getting whacked big time! Down just over 9% right now.

Yowza! Glad I bailed on that one! It just wasn't actin' right at all. Premarket it trades higher, then through the day sold and didn't respond well to the inverted SHS pattern...then trades up afterhours again...light volume, then down....lol It was actin' strange.

I note IMCL sold off to 30.00 after hours tonight...then bounced a bit... curious action...yep, still hopeful for something tomorrow and Friday. But hey, my form in POTW has been terrible, so it's maybe just wishful thinkin' lol

[Gwhiz]

skiracer,
I saw in mid morning the intraday chart levelling out and a spike in volume.
Seemed like Akamai was down recently and hadnt broken the bullish trend so seemed like a good buy. Also, I was looking for FRG to break out of its narrawong triangle for a big gian and that did not happen.
I'm abosulutely terribel at investmnet contests so far.
Participated in 2 and im in last place in both of them!
At least im doing ok so far with my hard earned cash.
Would appreciate if u could explain if there were any warning signs I should have seen to avoid that move.

[spikefader]

Hard to say when, Billyjoe, but I see it going to 500 before too long. I'm in it for the loooonnnnnng haul.

Agree entirely. I see $550 as resistance. Buy any significant dip tomorrow after hours is what I'll do for a quick scalp.

[skiracer]

skiracer,
I saw in mid morning the intraday chart levelling out and a spike in volume.
Seemed like Akamai was down recently and hadnt broken the bullish trend so seemed like a good buy. Also, I was looking for FRG to break out of its narrawong triangle for a big gian and that did not happen.
I'm abosulutely terribel at investmnet contests so far.
Participated in 2 and im in last place in both of them!
At least im doing ok so far with my hard earned cash.
Would appreciate if u could explain if there were any warning signs I should have seen to avoid that move.

For going to a school like the Princeton School you and Stky leave alot to be desired in the spelling area. You had better get your acts together in that area or you won't be impressing anyone on your future resumes and any type of correspondence. You had better get used to understanding how important it it to have your letters, reports, and any other written documents free of these miscues with the spelling. Sorry for chastising you publicly here but this is so important.
It's not the contest's fault with that play. I guess that you don't have realtime streaming charts available to you. At the time of your post which was around 11 the stock was in a pretty good freefall with no sound signal of a reversal or bottom. It gave no indication that it was done and I think that you just were hoping that because it had fallen so far so fast that it was going to stop and because of that you made the play. There was a spike in volume but it was selling volume. There was no spike in buying volume today until right at the close maybe. You have to base your decisions on alot more than what you just did. It's not a matter of not being good at contests. That's BS because it has nothing to do with it. If you are doing well with your hard earned cash plays then maybe you should have gone in with one of them instead of this pick. You might as well get used to this kind of scrutiny and criticism if you want to play with the older guys. You get the praise when your pick goes well and this is just the other side of the coin.

[Gwhiz]

For going to a school like the Princeton School you and Stky leave alot to be desired in the spelling area. You had better get your acts together in that area or you won't be impressing anyone on your future resumes and any type of correspondence. You had better get used to understanding how important it it to have your letters, reports, and any other written documents free of these miscues with the spelling. Sorry for chastising you publicly here but this is so important.

I've written a few resumes so far ski and never been rejected for a job. So far I've worked at a restaurant, worked in the construction business (mostly building docks), worked on a commercial fishing boat, and I just got a job at an internet startup with the goal of revolutionizing the college admissions process.
Anyway, I'm confident in both my spelling and writing ability, if you find it particularly offensive that I don't always scpel correctly in my posts then I'll be more careful.
Thanks for the reminder though.
BTW I don't know what The Princeton School is, I go to Princeton High School, which is public.
Thanks for the input, on yahoo charts it looks a little different, and I was looking at what the prices were 20 minutes ago.
It's good to have your trades critiqued, so thanks for that.