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 : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: Jay who wrote (1147)	9/1/1999 5:01:00 PM
From: HeyRainier	Read Replies (1) \| Respond to of 1720

Jay, how are the results going to be presented at the conclusion of the Long/Short contest? I think there should be at least an honorable mention for those who topped the S&P's year-to-date performance, and for those who topped the Dow, it would be even more deserved (count me out for that one--I'm sure we can smoke 'em from 7/1, but YTD is a bit of a hurdle). I would like the vote for Comeback Kid--from my starting point of roughly the 50th percentile, I'm up about 140 ranks from the beginning of the contest to close out so far at 56th place! I better knock on wood because there's one more day left. I really like the concept of zero-exposure, and being able to squeeze out from it a profit that exceeds the return of a benchmark treasury. Here's the portfolio: techstocks.com YTD: DJIA: +19.1% SP500: 8.4 R2000: 2.3 Me: 10.0% Since 7/1 starting point: DJIA: -1.2% SP500: -3.6% R2000: -5.2% Me: +10.0% We're making Alpha! Rainier PS. The theory behind my portfolio was to be hedged on an industry basis and to play what I call a "quality spread." Long AOL but short GEEK for example, or long SBUX but short CKR, and long CSCO but short CKFR (though this one doesn't match up too well). Given the less-than favorable long environment, it looks like the 2nd tier issues have suffered worse than the higher quality issues, and with zero exposure, that means money, and that's the name of the game.