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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (582)1/9/2002 5:10:08 AM
From: d:oug  Read Replies (1) | Respond to of 16631
 
Dave,

I looked at your "Trades That Make Sense" portfolio and only
reconized one, if CSCO is that Cisco software company that
CNN's Pinnacle had a show on last year.

For the contest, your post that included each of us into a portfolio
is knowned and mine comes up nice. Thanks. Now would
i be able to create a single portfolio like the one above that
has all entries into this contest doing a cut & paste edit of
each into a single one? If so then i would do this so that
i can both see my results and those of all others.

Someone i once knew raced a motorcycle and it seemed
each weekend he would over rev the engine and blow it up.

Seemed he did not have that natural ability to know what gear
he was in without looking at the tachometer, and red lined the
engine too much. He mentioned that not only did he never win
a race or place in the top few, he said that he knew that his ability
was just average and would never win a race.

I then asked him why race and blow up your engines,
especially when you will never win the race.

His answer was insight into this person, as he said that
it was not important to win any race or even place in the
top few, but what was important to him was that when he
crossed the finish line that there would be atleast one person
behind him :o)

I bet he would make a decent trader here on this thread,
in that rather than try for a big win he would sell to make
sure that someone was behind him, as in a buyer willing
to take his Ask.

Your "Trades That Make Sense" might be a method to trade
that eventhought you are not trying for first place and that big
win, you are careful not to end up last :o) and broke.

I keep on hearing that phrase "For every seller is a buyer."
yes, but sometimes those who want to sell may not find
that buyer until they are willing to sell much lower.

Guess thats what happen in that 1929 crash.

Sorry for all this babble as your thread has really gained
a lot of respect based on the postings here, and folks
do not like this type of chatter, so let me know if i can
make that single portfolio for the contest, not because
i think i will win, but i just hope to see someone "behind"
me in this race to April i think it is :o)

d:oug



To: Dave Gore who wrote (582)1/9/2002 9:21:44 AM
From: Bruce A. Brotnov  Read Replies (2) | Respond to of 16631
 
Dave, when did you start the "trades that make sense"? The first of January? I follow several of the stocks that you have. My model has 8 stocks from 1 January and looking for last and 9th one today to fill out a $100k model. Poormans finished with 23.4% gain for last year being fully invested all year long. (Slightly less than one buy and one sell per week). It is up 4% from 1 January as I have slowly filled it out based on "target" buy prices.

Bruce
www.poormans.com