Larry,
Where are you getting the recommendations? From the radio shows alone?
I never seem to remember to listen to the radio shows, which I think are on in the late afternoon here. But I know from what I've heard on those shows in the past that they don't fully reflect his entire recommendation. He wants to sell the newsletter and give subscribers first dibs at his recommendations, I believe.
The newsletter shows various portfolios, and the one for individual investments shows everything I listed in my last post. He has three other model portfolios, and the one for individual issues.
At the point he issued his Buy bulletin, telling people to become fully invested, pretend you're a new subscriber to his newsletter. He says you should get fully invested as of March 12th, and you don't hold any of his recommendations at that point. So if you're buying individual issues, you're buying the list I gave you. He says if you miss that buy you should only buy them when the S&P is down again to whatever number it was when he issued that recommendation, or that you carefully slowly average into them.
If you're getting all your info from the radio show, you're not getting a complete picture of his recommendations and probably aren't doing justice to the task of this thread. On the other hand, he could be giving info on the radio show that we subscribers aren't getting. So we need both sources of information. I'll be interested in this thread for reports on what he says on the radio, because I do think that's important input.
For my part, personally, I think his long term calls on the market direction have been superb, so if he's saying the market's in a cyclical bull right now, it makes sense to invest in the indexes -- the four in his individual portfolio: SPY, DIA, VTI and QQQ. That is just consistent with taking his advice on the market direction, IMO, and it is also four of the six individual issues he recommends in is individual issues portfolio. As for his two stocks, they've done fine since his recommendation, but they have lots of news, good and bad. I have traded them a fair number of times since March and currently hold one of those two, but I am honestly doing better in some momentum stocks I've been playing (which I might not have had the courage to play if not for his call on the market). |
