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August 2007 Archives
First pics
Sunday August 26, 2007 : 10:10 PM

wouldn't it happen the first few days of the contest the market goes down. Most of my picks are for rising stocks and little defensive. Guess I should have placed a few defensive stops in there as the market approached the 14k mark. Then, once the market started to drop I was offensive on the defensive with DXD (ultra short dow)
NTRI was a stock I should have waited on, the past 2 times NTRI has dropped suddenly only to rise back to it's drop point over time. This strategy might t be appropriate for this type of contest. And, NTRI didn't drop suddenly, instead it dropped slowly.

At least it's not my other portfolio
Sunday August 26, 2007 : 10:20 PM

Marketocracy has a nice site, a little slow, but it's processing alot of info. My other marketocracy portfolio is a bit more down. It is an example of watching a stock for too long and then deciding, after all this time its time to get in. A great example of this is MA, which I started watching around 98, it dropped to 92 and then, during the "correction" in Feb (a 4 percent drop with reasons in the press similar to this past one) it didn't drop below 100. It then went to 170 over about 4 months. Then I figured it would have to keep going and my other marketocracy portfolio invested, at the top. This is similar to GS, which went to 220, only to go down to 160. I need to pay attention to these stocks in relation to what else is going on, and to what I'm doing.