New stock_trad3r index

I'd have to agree. I've been producing indexes for many years and can certainly attest that 1 day's results mean nothing. What's actually more important is how an index behaves over several days/weeks. In fact, I'd rather have an index that goes down throughout the day than one that just oscillates from HoD to LoD, without any intraday trend up/down.

Quote from stock_trad3r:

Weak day for energy stocks after big run yesterday. RIMM reports on Wed.

The index is long term. Too early to draw any conclusions.
More...
 
Quote from stock_trad3r:

Weak day for energy stocks after big run yesterday. RIMM reports on Wed.

The index is long term. Too early to draw any conclusions.
More...

and PCX slumps after a previous weak day.
Very weak day for fertilizers.
MOS' Price about 11x Book Value
PCX nearly 44x book Value
RIMM about 20x Book Value:
need I say more?
 
Quote from aresky:
MOS' Price about 11x Book Value
PCX nearly 44x book Value
RIMM about 20x Book Value:
need I say more?
More...
Book value is a good valuation measure for distressed companies (currently e.g. banks), not for companies with strong revenue and profit growth.
 
stock, if your "index" is long term, why do you feel the need to post 10x a day about how good you are? For an "investor" you certainly seem like you want to be known as a trader, you know what? Not much chance of that happening, your cred on this site is probably negative at this point.
 
Quote from risktaker:

Today's stock_trad3r index.
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why is this index dropping like a rock? was it meant to be shorted? I must have misread its purpose, sorry :(
 
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