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Strategies & Market Trends : January Effect 2002 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (58)	12/28/2001 1:24:22 PM
From: Q.	Respond to of 91

Midland, I too have bought stocks, which I divided into three categories. I've got fills on most of them now, and by the end of the day I'll post a public portfolio. Thanks for sharing yours. Like you, I'm doubtful about how much January Effect we'll get this year. I'm not finding as many stocks with significant tax-loss selling as last year, when I do my screens. Two of your picks in your first category, GENSY and ANTV, turned up in my screens but I excluded them because they're foreign stocks, and I wasn't sure whether foreign stocks would have much January effect.

To: RockyBalboa who wrote (58)	12/28/2001 4:06:42 PM
From: Q.	Read Replies (2) \| Respond to of 91

Here are my 23 final picks for January Effect 2002: I divide them in three categories, according to the quality of the company: Low quality, but unlikely to go BK in the next 12 months: EAG KPT CTT NCEH SNDT VLCT NEXM Very low quality, might fail in next 12 months: STHK DCH HEC IRSN MLRC ATMS UFAB VRTL MFNX CIO POS, might go BK anytime: LSATA.ob SBAS MCLD IMDS.ob ISCO.ob OPWR.ob Here are 12-month charts: finance.yahoo.com I've linked a public portfolio of these picks to the opening message of this thread. I used my actual average price of the stock, but I don't include commissions, which will amount to roughly 1% of the investment, round-trip. I bought all the stocks today, the next-to-last day of the trading year. Re. timing: if I had bought them yesterday I would have gotten better prices, and indeed I got better prices during the day than the closing price, because the port is up 4% for the day. For the purposes of making the table easy to read, I've artificially assumed that I bought exactly $1000 of each stock, although I actually bought in different amounts, and I allocated more to the highest-quality issues and less to the POS issues. In comparison to previous years, my picks differ this year because I include cheaper stocks (>$0.35) and I didn't use value criteria, except that I usually required a positive shareholders equity. Consequently, my picks are lower-quality companies than previous years, which is a change I made because I saw how Midland's picks outperformed mine last year. I chose a larger number of issues in order to diversify and reduce the risk. My picks all have low 12-month RS and low institutional ownership. Many of them have declined in the last few weeks on higher-than-average volume, which is a characteristic of tax-loss-selling. Good luck all!

To: RockyBalboa who wrote (58)	12/28/2001 4:11:07 PM
From: Q.	Respond to of 91

Midland, you chose some interesting stocks. Looking through them, I especially liked SWWI, XTEL, NXCD, WGRD, LASE. I bought these today. (I don't include them in my portfolio, so that we can compare your performance and mine.) Thanks!

To: RockyBalboa who wrote (58)	1/1/2002 9:33:53 AM
From: RockyBalboa	Read Replies (3) \| Respond to of 91

Yearend Values for the portfolios: $2 to $9 stocks¹: $8,684 $.40 to $2 stocks²: $10,061 OTCBB junk and soon to be (<40c)³: $5,177 KNOT.OB is to be valued at 60c (not 40c), TIGA.OB closed 28c (not 41c)