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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (8069)10/11/1999 11:41:00 AM
From: voop  Respond to of 54805
 
I hope this is the October effect <gg>

Voop



To: Uncle Frank who wrote (8069)10/11/1999 11:53:00 AM
From: tekboy  Read Replies (3) | Respond to of 54805
 
Timing Test

Ok, I've decided to sacrifice some commission fees for the
good of the thread and do a public real-time experiment
with one of the timing strategies mentioned herein. Instead
of making some new purchases all at once, I have divided
them into two batches. The first batch of trades was
executed at market prices between 10:30-11:00 am this
morning. The second batch, for the same securities, was placed
in GTC limit orders at 5% less than the market purchase price.
Where the limit orders do not hit within three days, I will buy
in at the market price in the same time period Thursday morning.
I will post the results on Thursday afternoon.

Batch 1 Batch 2
(Market) (Limit@95%)

QCOM 222 5/8 211 1/2
GMST 74 7/8 71 1/8
JDSU 133 126 3/8
SEBL 86 1/16 81 3/4
CTXS 65 15/16 62 5/8
CREE 39 7/8 37 7/8

tekboy@scientist.com

PS the absolute numbers involved here are small,
and in all but one case (CREE) the purchases are
additions to existing holdings. I am taking a
minor flyer on CREE while I continue my research
on it, which will be posted when it's finished.



To: Uncle Frank who wrote (8069)10/11/1999 8:30:00 PM
From: William  Read Replies (1) | Respond to of 54805
 
Now where's that October effect we were so worried
about?


Sshhhhh, you don't want to wake it. You don't want your AAOJT's to tank. (And you in their right mind would buy an option for On Job Training for AA? Other than hard drinking college kids that is.) The crash of '29 was on Oct 29th.

William