Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (6352)	2/26/1998 5:42:00 PM
From: Judy	Read Replies (2) \| Respond to of 42787

chris, can you post a chart of Fido Select Energy Services? The drillers and oil services will bottom and consolidate in the next months and I may dollar cost average into the fund instead of buying individual stocks in the sector.

To: Chris who wrote (6352)	2/26/1998 6:31:00 PM
From: Skipperr	Read Replies (5) \| Respond to of 42787

Hi Chris - You're amazing! How do you find time for all this and school too?! Nice chart on FSPTX! Among the things I consider when investing in sector funds: 1. I need to deploy ALL my money. When I get a sell on one or more funds, I need to exchange the proceeds into the strongest fund(s). I need to have a method for determining both of these (Sell and Buy). 2. I need to know at which point the fund(s) I'm in change from just a short-term correction, to an actual change in trend. 3. I've determined to invest in 1, 2, or 3 - never more than 3. I need to know how to determine which one(s). 4. If I'm in more than one, I need to see synergy from the combination in producing a greater return, with less risk, than the sum of of the individual funds. 5. I need to beat the buy-and-hold of the overall market, or it's not worth trading. 6. I need to use the power of the computer to measure the statistical MPT values of Alpha, Sharpe, Treynor, R-Squared, Return over various time periods,and measure how well the funds trend, so that I have the edge over the overall market. 7. I need to keep ALL the money invested as much as possible because that's what the fund managers are doing -but- -and- 8. I don't consider Drawdown, Recovery, or Ulcer Index because I am continually aware of market timing and act accordingly. (All ships rising and falling with the tide) All these considerations, then, put a system together with the proper selection of funds, and the proper use of optimization, to come up with a model that continues to remain robust and produce consistently-high returns into the future - A system that will not require me to follow the market each minute of the trading day - This is what I'm striving for! A lot of work developing it! But, in the end, after having achieved all that, I will be able to confidently follow the system through the inevitable drawdown periods, to produce great results that, using the miracle of compound growth, grow even more hyperbolically over time - That's what I want! With your very-busy life, can you spare enough time to help me develop such a system? Because it does take a commitment, and even then there's no guarantee of success, I can understand if you would decline to participate. You know, we would both be learning together because, although I realize the problems, I do not have the solutions to all of them. Please think it over and let me know... The very best to you! Skipperr