A Stock A Day
- Thread starter ElectricSavant
- Start date
Well...................We went to Border Books today. Electric likes to hang out there in the cafe.
I needed to get some textbooks for my continuing education in animal behavior (and electrics behavior hehe).
Anyways...I was so embarrassed.....Electric stands in line waiting for this young high school girl (straight long blond hair she constantantly had to swing back when she leaned forward)to check out the customers and when its his turn to checkout he whips out his ........Visa card. Well everything is going great!....then the young high school girl asks him for his ID. I knew to leave immediately......which I did.
You see Border books swiped his card and got the authorization and he signed. But she insisted on seeing his ID....He asked, why? do you need to see my ID? Do you know what she said....It's for your protection sir....Electric said I do not need protection as Visa already gives me that. He asked her if she got the authorization and if he signed, she said yes. Then Border Books gets their money even if it was stolen, Electric exclaimed. That is the purpose of the electronic authorization process, he explained.
Electric further said I choose to use my CONVENIENT credit card so that I do not need to show my ID or write out a check. He said besides you are the select few of a group of merchants who feel they must play police officer protecting the public. This policy in fact alienates enough people to have a small negative effect on sales. And these days a merchant needs to operate efficiently, to improve the bottom line. (electric will discuss reading a quarterly report here, when he is not so heavily medicated)
When in fact Border Books exists for one reason....Do you know what that is? It is like all publicly held companies, "To produce a profit for its shareholders".
So to recap....
convenience
anonominity
protection with a working girl
profit for the pimps
The attachment below are the trades from inception to date.
ULBI.. -4.28%(2)
TLT.... 0.59%(2)
PHS... -0.21%
NDE... -1.99%
TYL... -0.64%
CD..... -1.20%
MAS... -0.74%
LNY... -1.55%
TK..... -3.64%
Wifey
I needed to get some textbooks for my continuing education in animal behavior (and electrics behavior hehe).
Anyways...I was so embarrassed.....Electric stands in line waiting for this young high school girl (straight long blond hair she constantantly had to swing back when she leaned forward)to check out the customers and when its his turn to checkout he whips out his ........Visa card. Well everything is going great!....then the young high school girl asks him for his ID. I knew to leave immediately......which I did.
You see Border books swiped his card and got the authorization and he signed. But she insisted on seeing his ID....He asked, why? do you need to see my ID? Do you know what she said....It's for your protection sir....Electric said I do not need protection as Visa already gives me that. He asked her if she got the authorization and if he signed, she said yes. Then Border Books gets their money even if it was stolen, Electric exclaimed. That is the purpose of the electronic authorization process, he explained.
Electric further said I choose to use my CONVENIENT credit card so that I do not need to show my ID or write out a check. He said besides you are the select few of a group of merchants who feel they must play police officer protecting the public. This policy in fact alienates enough people to have a small negative effect on sales. And these days a merchant needs to operate efficiently, to improve the bottom line. (electric will discuss reading a quarterly report here, when he is not so heavily medicated)
When in fact Border Books exists for one reason....Do you know what that is? It is like all publicly held companies, "To produce a profit for its shareholders".
So to recap....
convenience
anonominity
protection with a working girl
profit for the pimps
The attachment below are the trades from inception to date.
ULBI.. -4.28%(2)
TLT.... 0.59%(2)
PHS... -0.21%
NDE... -1.99%
TYL... -0.64%
CD..... -1.20%
MAS... -0.74%
LNY... -1.55%
TK..... -3.64%
Wifey
What is the basis of this system? Value for your money.
Why go long only? I don't know.
Why use a fixed target? So ElectricYahoo can be able to say, I have a string of consistent winners.
Why average down? Because its NOT commonly done and a value stock with good fundamentals will eventually find strength with a higher degree of probability.
Why hold so many instruments and why is this system called "a stock a day"? Diversification and balanced entry points with a catchy name, kinda like a vitamin and to keep Electric occupied each evening.
Why is the symbol TLT never sold or in this portfolio in the first place? Because it is considered a place to park cash while waiting for a stock a day purchase. While building the portfolio it is on "add to" status to keep balance in the portfolio. TLT is the unclassified sector in the portfolio.
Was Electric always sick like this? Yes.
Wifey
Why go long only? I don't know.
Why use a fixed target? So ElectricYahoo can be able to say, I have a string of consistent winners.
Why average down? Because its NOT commonly done and a value stock with good fundamentals will eventually find strength with a higher degree of probability.
Why hold so many instruments and why is this system called "a stock a day"? Diversification and balanced entry points with a catchy name, kinda like a vitamin and to keep Electric occupied each evening.
Why is the symbol TLT never sold or in this portfolio in the first place? Because it is considered a place to park cash while waiting for a stock a day purchase. While building the portfolio it is on "add to" status to keep balance in the portfolio. TLT is the unclassified sector in the portfolio.
Was Electric always sick like this? Yes.
Wifey
ULBI.. 3.47%(2)*
TLT... 0.20%(2)*
PHS... 1.48%
SPF... 0.65%
NDE... 0.14%
TYL... 2.45%
CD.... 0.26%
MAS.. 0.13%
LNY... 0.03%
TK... -2.05%
*(?) = # of times of a 10k or nearest 100 lot rounding of an "add to" or "average down"
ELECTRIC'S PUBLIC PORTFOLIO PAGE:
http://www.marketocracy.com/cgi-bin...ge/source=DgHaBmBaEaFfCnFfMaKiAbDe/maxDays=30
DOW TRACKING
10,190 03/15/04 dow open (portfolio inception date)
10,180 03/25/04 dow close (today)
-0,010
PORTFOLIO PROGRESS (today)
$1,000,810.53 (start capital $1,000.000.00)
Cash: $885,446.53
Stock Value: $115,364.00
Total Shares: 100,000
NAV: $10.01 (start NAV $10.00)
The attachment is the record of trades.....(the portfolio is 2 calender weeks old at the end of tomorrow and has not sold anything)
Wifey.
TLT... 0.20%(2)*
PHS... 1.48%
SPF... 0.65%
NDE... 0.14%
TYL... 2.45%
CD.... 0.26%
MAS.. 0.13%
LNY... 0.03%
TK... -2.05%
*(?) = # of times of a 10k or nearest 100 lot rounding of an "add to" or "average down"
ELECTRIC'S PUBLIC PORTFOLIO PAGE:
http://www.marketocracy.com/cgi-bin...ge/source=DgHaBmBaEaFfCnFfMaKiAbDe/maxDays=30
DOW TRACKING
10,190 03/15/04 dow open (portfolio inception date)
10,180 03/25/04 dow close (today)
-0,010
PORTFOLIO PROGRESS (today)
$1,000,810.53 (start capital $1,000.000.00)
Cash: $885,446.53
Stock Value: $115,364.00
Total Shares: 100,000
NAV: $10.01 (start NAV $10.00)
The attachment is the record of trades.....(the portfolio is 2 calender weeks old at the end of tomorrow and has not sold anything)
Wifey.
Here is Electric's "so called' quantitative ranking of the portfolio holdings which changes Rank values at the close of each trading day. I did not feel like posting it daily and waste my time....LOL
You would imagine Electric pouring over charts and reading fundamentals and balance sheets......oh toooo funny...all he does is fire up Tickerank and runs a ranking....He starts with a universe of about 3,500 stocks (the buyandhold.com window stocks) and ranks it down to find the next "stock a day"(This takes maybe 15 or 20 minutes each evening and costs $24.00 per year).
http://www.tickerank.com
If you folks are gullible enough to trade Electric's method. Well, you could use http://www.BuyandHold.com brokerage and pay just $14.95 per month for unlimited window trades. Precision entries and exits is not what this system is about. You professionals could probably improve this system one hundred fold...
If you guys want I can continue posting to this journal so you can see how Electric does...I notice there are folks viewing this journal.....but I really do not know why.....well nkhoi is here for the entertainment value, but since deleted his post at the first sign of diversity.
(The symbol TLT does not get ranked)
CD,76
PHS,76
TK,75
SPF,72
TYL,70
NDE,63
OSI,62
MAS,62
LNY,50
ULBI,45
Wifey
You would imagine Electric pouring over charts and reading fundamentals and balance sheets......oh toooo funny...all he does is fire up Tickerank and runs a ranking....He starts with a universe of about 3,500 stocks (the buyandhold.com window stocks) and ranks it down to find the next "stock a day"(This takes maybe 15 or 20 minutes each evening and costs $24.00 per year).
http://www.tickerank.com
If you folks are gullible enough to trade Electric's method. Well, you could use http://www.BuyandHold.com brokerage and pay just $14.95 per month for unlimited window trades. Precision entries and exits is not what this system is about. You professionals could probably improve this system one hundred fold...
If you guys want I can continue posting to this journal so you can see how Electric does...I notice there are folks viewing this journal.....but I really do not know why.....well nkhoi is here for the entertainment value, but since deleted his post at the first sign of diversity.
(The symbol TLT does not get ranked)
CD,76
PHS,76
TK,75
SPF,72
TYL,70
NDE,63
OSI,62
MAS,62
LNY,50
ULBI,45
Wifey
OMM (rank 66)
Electric will also add 10K more of TLT to park cash in(not a stock a day ranking), while waiting for "stock a day" picks. It seems like a good "add to" entry as it is down and destined to go up.
Wifey
P.S. Remember, Electric treats TLT as just an alternative to a money market fund for cash. He will be entering and exiting this as he needs money for "stock a day" purchases. Right now Electric adds to TLT when it is at a good price or if he want to balance the portfolio....what a Yahoo he is LOL
Electric will also add 10K more of TLT to park cash in(not a stock a day ranking), while waiting for "stock a day" picks. It seems like a good "add to" entry as it is down and destined to go up.
Wifey
P.S. Remember, Electric treats TLT as just an alternative to a money market fund for cash. He will be entering and exiting this as he needs money for "stock a day" purchases. Right now Electric adds to TLT when it is at a good price or if he want to balance the portfolio....what a Yahoo he is LOL
At this rate Electric yields an 18% APR equivalent.... What a failure he is.
See attached ledger.
Wifey
P.S. Electric is thinking of increasing his targets to 20% because he averages down and all these virtual fund fees add up.(there should be some 20% bumps if the stock must continue down). Also he uses the close for his percentage threashold and not an intraday limit order for exit (the next open is used for exit after a close netting him an estimated 15%, he should account for fees and gaps). His model is not like that huge guy (MrMarket) and he should get 20% no problem... (makes sense because my Electric is ENORMOUS)
See attached ledger.
Wifey
P.S. Electric is thinking of increasing his targets to 20% because he averages down and all these virtual fund fees add up.(there should be some 20% bumps if the stock must continue down). Also he uses the close for his percentage threashold and not an intraday limit order for exit (the next open is used for exit after a close netting him an estimated 15%, he should account for fees and gaps). His model is not like that huge guy (MrMarket) and he should get 20% no problem... (makes sense because my Electric is ENORMOUS)
Hello Folks,
We will use a 20% target..... Take it easy no problem. When we "average down" the 5% formula will remain. We have not had any exits yet ...so no harm no foul...We will probably end up with an average of 15%-18% per trade anyways, after fees and gaps....
I got to go....I have a meeting at the department store then off to the Spa. (where did she put that flashlight?, she hides it from me!)
Michael B.
We will use a 20% target..... Take it easy no problem. When we "average down" the 5% formula will remain. We have not had any exits yet ...so no harm no foul...We will probably end up with an average of 15%-18% per trade anyways, after fees and gaps....
I got to go....I have a meeting at the department store then off to the Spa. (where did she put that flashlight?, she hides it from me!)
Michael B.