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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: swisstrader who wrote (43664)12/12/1999 4:26:00 PM
From: Triffin  Read Replies (3) of 108040
 
swisstrader..

You've raised several key points

What makes a 'good/profitable' pick ??

a) The credibility of the poster
b) The 'cache' of the 'pick'
c) The general direction of the market
d) The technical picture of the stock at the time
the 'pick' is made
e) The speed with which other trading groups
notice/participate in the 'pick'

There is enough buying power between lurkers/
participants on this thread to initiate
positive movement in any idea proposed provided
we all hit the 'buy' button .. and I suspect
that if enough of a-e is there we will/do ..

The sustainablity of a price move is an entirely
different matter and depends primarily on how
relevant to the collective trader mentality the
'pick' is .. and if the 'price movement' is
enough to attract the attention of other groups
of traders in order to support/sustain it ..

I think its very hard to quantify what mix
of variables needs to be present .. why one
idea catches on and another doesn't ..

I do feel strongly that what has made this thread
valuable was the dialogue between Kim and a hand
ful of regulars before the whole world showed up
and 'diluted' the content of this thread ..

If we could .. I'd like to suggest that if anyone
has a "pick" to PM or EM it to Kim or others that
she designates and let her make the 'pitch' to the
thread .. see (a) above .. it would help
reduce the clutter and perhaps restore some of the
prior dynamic to the thread ..

Jim in CT .. just thinking out loud
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