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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: swisstrader who wrote (43664)12/12/1999 4:16:00 PM
From: akirasawa  Respond to of 108040
 
I wish i had wrote that....dead on.....a house divided against itself cannot stand...and let face it folks..WERE ROOMIES!!!!....we need everybody.....remember...there is no I in momo....(sorry i couldnt resist)



To: swisstrader who wrote (43664)12/12/1999 4:26:00 PM
From: Triffin  Read Replies (3) | Respond to 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



To: swisstrader who wrote (43664)12/12/1999 8:17:00 PM
From: marquis103  Respond to of 108040
 
swiss. Great post that says it all. I especially liked your last paragraph:

"In a funky and cosmic sort of way, we, as strangers all need each other. We need each other to make stocks move in a certain direction and we need each other to support and communicate with. But because we are strangers, this thread hangs together by the thinnest of threads and without this support and communication, it will go the way of many others, which would be sad indeed for me...swiss.

It would be sad for me and others as well. I am the first to admit that I need the guidance and support of the people on this thread that have proven they are willing to communicate and support each other. Right now, I must admit that there are only a handful that I listen to seriously. Hopefully, over time, the spirit of cooperation will win out and we will all be better off. I'd also like to think that eventually we will become more friends than strangers.

Russ



To: swisstrader who wrote (43664)12/13/1999 1:40:00 AM
From: GraniaO  Respond to of 108040
 
Nice post, Swiss, well said......I spent the weekend loading up on peppermint schnapps (really!--hot chocolate and fireplace weather is upon us) and Bailey's and poitin...so the luck of the Irish should be with us all this week....



To: swisstrader who wrote (43664)12/13/1999 3:40:00 AM
From: Andrew G.  Read Replies (1) | Respond to of 108040
 
I agree, Swisstrader. Excellent pts. Triffen. I didn't communicate what my target price and time-frame was last week when I posted NSO and DOCI to this thread. Whether it matters to any of you or not, my apologies.

I also do much more dd (call companies, check SEC reports, etc.) than I let on to here partly, because I feel that I do not want to speak on behalf of any company, but rather only to point attention to those stocks that interest me.

I should have said DOCI looks good as momentum play when I pointed to it at 40cents. I could have also said that if it reaches a certain target, I may move out if it rises too fast. Well that's what happened. Then unfavorable news broke and I bailed midway in it's run around $3.12. It peaked over $6 to my surprise but fell rapidly as one would expect from such a sharp run up.

NSO is another story. I mentioned it here at $2.25/sh and it rose to over $4/sh. and peaked at $5sh the following day. However, I haven't sold a single share of it (close @ $3/sh, but last price was $5.5). This stock is a hold for me, as it is clear that the magnitude of their relationship with VA LINUX has not fully reached the investing public. My near term target (yes, near term) is $15/sh. At that point, depending on whether the company will be providing more press about their contracts, earnings projections, analysts coverage, etc. I may hold, add, or sell. I will notify the board of my intentions if it is of any interest.

Finally, I feel that SVRI has a lot left in it.

SBAS will do quite well but I feel it will be volatile.

I'm expecting upcoming economic reports to be uneventful, but the market is fickle and edgy as we approach year end. It would be wise, IMO to be very vigilant of market trends and not too focused on any single stock or stock sector.

Best of luck to all Monday morning.