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Pastimes : Stock-Picking Challenge

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To: KZAP who wrote (2214)2/23/2001 4:24:56 AM
From: Jon Tara  Read Replies (1) of 2402
 
I need another month! :(

My dark-horse California utilities (EIX, PCG) are saving me from a too-embarrasing loss. They are both up (EIX +15.9%, PCG +5.8%) despite the contest having been started well into their rallies off of their lows.In real life I bought them a few days before the contest started, and have already sold them, for a 39% profit. (Though I'd have been better-off to have kept them, as they have caught a second wind.) Points out the cost of having to deal with arbitrary start and end dates.

My two techs (ARMHY, CNXT) are at least less disasterous than some other's tech picks, though not by much, at -34.3% and -16.8%.

The one stock that I was most sure would put in a gain - (and a hedge for the California utilities) if a modest one, is instead modestly down. My natural gas pick, WGR, is currently down -2.8% despite a record earnings report, though it flirted earlier with modest gains.

All in all, a -9.4% loss, which, I'm afraid is going to keep me out of contention for the last-place prize.

A Naz rally and a decisive California governor could have me even by the end of the contest. :)
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