Stock Picks

[Gyp Rosetti]

Are you a moron? I didn't say I was going to buy whatever someone recommended. I'd do at least a little due diligence. I was simply a little curious. And more importantly, I've seen every Seinfeld episode about 10 times each so way to belittle me. Way to pick up on the little sarcasm you freakin' hack. Maybe you had too much blood rush to your little brain when you were bent over picking up the soap. Or perhaps it was the subsequent little head of yours bashing into the tiled walls seconds later when "the sisters" inducted you into their club. Seriously, log out of your little life now.

 

[moevillini]

Are you an idiot?

Furthermore, any sane person who comes to a basketball forum looking for stock picks deserves to lose all their money and gain weight. At the very least you should prescribe to Motley Fool's valuation system. At the very ****ing least.

Are you a moron? I didn't say I was going to buy whatever someone recommended. I'd do at least a little due diligence. I was simply a little curious. And more importantly, I've seen every Seinfeld episode about 10 times each so way to belittle me. Way to pick up on the little sarcasm you freakin' hack....

besides, it beats another new BYU and/or Utes thread

 

[Gyp Rosetti]

Any particular water stocks or ETF's?

 

[Beantown]

I just got into a strategy trading the Russel. The last 2 years since it was created it is averaging about 70,000 profit a year starting with a 10,000 dollar account. This month alone its up 6500.

 

[The Pearl]

I just got into a strategy trading the Russel. The last 2 years since it was created it is averaging about 70,000 profit a year starting with a 10,000 dollar account. This month alone its up 6500.

You might want to back test that in a little bit more of a statistically significant method than the last two years. Selective data mining is a common approach to selling trading strategies.

 

[Beantown]

You might want to back test that in a little bit more of a statistically significant method than the last two years. Selective data mining is a common approach to selling trading strategies.

It was created two years ago and I have all the charts for that. But it only plays when it hits certain triggers, which is only a few times a month. How would I go about seeing how it would play the years before that? Without it taking a forever.

 

[Beantown]

But I would have to look at each individual day to see if it traded.

 

[Beantown]

Yeah, I wasn't implying anything except that the extreme volatility of the last two years would have to help, compared with the more stable years I lined off.

Are you actually in the system right now and cashed the $6500? That's pretty solid if you are. I don't see how you would make 700% just trading the Rus though....but hey....if it works....it works. There really is no right way to trade the markets.

Yea but I havnt touched the money yet. I also share the account with a friend. When the account hits 20,000,(hopefully this month) then we will each have our own seperate account. Its actually two sepereate computer strategys running. One being a little higher risk and one being really conservative. They will only play a few times a month. Both playing short.

 

[franklin]

Anything thoughts on Citi? I know the government wont be out of the company until February or so, but I've still been adding to my position on the dips. Hoping it will rise quickly once they are out or a possible buyback by citi happens towards the end. Anything around (under) $4 seems like a good long term (3 plus year) buy and hold. Not a lot of exposure to the mortgage mess, with nice global exposure.

Long term holder of appl, luk, dlb, mkl, atvi, c, wfmi, ipgp, cost

Market cap peak was about 230 billion, 120 today after selling off pieces. I looked at it and said "nah" as it's less than a double back to it's bubbly high. There's not enough upside in a stock I cannot reasonably scrutinize/value without a multi-person team, if at all. If it hits $3 again I might give it a gamble. I'm sure it'll go up, but I just don't think it's worth my time.

I'm holding LUK too. It's enough of a hassle to keep straight. I don't need to add C.

 

[catzies]

Like Karl Malone, I keep all my money in shoe.

As a Skechers USA Inc. (SKX) shareholder who is delighted Malone got an endorsement deal with them, I approve this message. (am probably short on this & just buy and sell on dips)

 

[VINYLONE]

Is it available to the plebians yet?

 

[sirkickyass]

One of the pains of being a securities lawyer is that I essentially have to play entirely blind and have others invest my money. Anything else virtually assures that I will be the target of an SEC investigation.