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52 Week Lows - December 1, 2003
CERS CERUS CORP NASD 3.40 3.40 -0.12 154700 47 -86.40%
CHLE CENTENNIAL SPCL NASD 3.18 3.30 -0.10 1800 5 -35.63%
CMRC COMMERCE ONE NASD 1.06 1.16 -0.02 228300 27 -82.21%
FSTW FIRSTWAVE TECH NASD 4.96 5.01 -0.27 20300 12 -76.14%
FTF FKLN LTD DR INCM AMEX 14.21 14.45 +0.16 23200 9 -5.58%
HOM HOME SOLN AMER AMEX 1.61 1.61 -0.19 27500 20 -54.00%
JEN JENNIFER CNVTBLE AMEX 2.95 3.35 -0.33 50000 11 -39.18%
MRK MERCK & CO NYSE 40.57 40.60 -0.42 8916199 24 -36.11%
MTNK ML NIKKEI 225 NASD 9.47 9.47 -0.08 1000 5 -7.16%
PFL PIMCO FLT RT INC NYSE 19.86 19.98 -0.02 16800 4 -4.01%
PNI PIMCO NY MUNI II NYSE 13.52 13.89 +0.03 9900 15 -9.57%
PSRC PALMSOURCE INC NASD 24.56 25.66 -0.12 79100 5 -48.83%
RIN RINKER GP LTD NYSE 42.35 42.65 -0.78 11400 5 -6.31%
I just looked up the chart for JCOM...reminded me of the thoughts I had about RMBS.
Certainly RMBS has made for a good long position repeatedly for the last year or so. When weakness in the momentum begins to signal, it will be a great short. Possible 25% (or more) could be gained on the short side if caught at the correct time. That's just my humble opinion, Zeev is the expert on RMBS though.
How much higher can RMBS go? Certainly it's trading above it's actual value.
The higher they climb, the quicker they fall.
That's strange. Many retailers, including Walmart, had higher Thanksgiving weekend sales:
http://biz.yahoo.com/ap/031130/na_fin_us_holiday_shopping_4.html
If strong sales continue, this will prove good for the market in December.
Thanks Ken. Good luck for those ideas.
If I learn anything more about capital gains, I'll let the board know.
Thanks.
I agree that is a good return.
But I say, if there is a way to avoid capital gains (there must be), then we should find it. If there is a way, it would hugely increase the potential.
Bear markets are the easiest to make money in.
Just short stocks. You can make a killing doing that. Or buy puts (options).
flota, lol. Well the year is almost over, so I guess that's not all that great.
If it's difficult to do very well one year, how much more difficult will it be to do that 5 or 10 years in a row?
The key to success in investing or trading, is to find a strategy that isn't difficult and will consistantly bring in great results.
Anyone can pick a few winners, but we need a steady stream of winners for the long term. That's where the real money is.
Have you done this before?
One thing about stock trading is that, it's harder than it looks.
Ken, my concern is, I don't think you or I will ever be able to get anymore than 6 or 7 percent gain per month (on average.)
Sure, some months we'll get 10 or 20%, but this strategy will have down months, and I think over the long term, 10% compounded return is going to be impossible.
That's just my opinion though.
So, does that mean there is no way to get around taxes?
I'm looking at the chart, and yes, taxes do eat away profits. Do those same figures without taxes. The numbers are significant.
Wow. Thanks Quill!
I'll look into it.
So you're saying I could start a corporation or LLC to sheild it from the taxman, and then just draw an income? Would this work?
Ken, do you know of any ways to shelter these types of portfolios from the taxman until money is actually drawn from the account?
Paying capital gains taxes yearly severly hinders the potential.
I was doing calculations, and starting with $15,000 @ 8.25% per month, grows to 9.8 billion (6 billion after a lump tax payment) in 14 years without paying yearly capital gains taxes, just a lump payment after the money is drawn - while with yearly taxes, it only amounts to about 265 million (after all taxes paid).
This is a major problem, IMO. It's severly hindering the potential.
Why on Earth were you kicked off those message boards?
Is that RB's new policy? Kick off all the good posters and keep the bad ones?
PS: Fear not, I've had my eyes on the Internet Info Providers. I'm watching them. I'll give a recap of what happened at month's end.
May I ask, from where did you originally hear about this newsletter?
Ken, you said..
You can get the earnings estimate from the street.com when mid October comes around
So, you do want me to just find the stocks that will be announcing earnings in mid October? And I assume you only want the stocks with positive and growing earnings. Correct? Or is it that you believe that all of the Internet Info Providers will be doing well in mid October?
Oh, Barchart.com, Not Barcharts.com
You said Barcharts.com, and I kept going to Barcharts.com and getting this: http://www.barcharts.com/
You mean, "Internet Services"?
http://bigcharts.marketwatch.com/industry/bigcharts-com/focus.asp?bcind_ind=isv&bcind_sid=980703
This is all I found. And you mean, Bigcharts.com, not Barcharts.com.
Ken, what do you mean the "Internet Info Providers"?
Are you talking about ISPs? If so, there are few companies who are solely ISPs, Internet is just an additional service they provide. And I cannot find any listings of them either.
Alright Ken. You've won.
I've been busy lately and I've been casually researching your method due to a few doubts I had, but I've concluded that you may have something. I was worried that your method is only working because we're in an bull market, but I don't think that's the case.
I'm sorry for the leave, but I'm back now and ready to assist!
Ken, I know I may be thinking into the future with this, but it would also, one day, be interesting to see what the results would be if you placed a limit sell order, similar to what you do with your 10% stops, except with 10% gains.
A limit order that captures gains, over the long run, I think, would reduce risk, and overall, maximize return. If you do 10% per month on a spreadsheet, it really adds up quickly over a period of a few years...it certainly beats those so called "investment gurus" out there.
A lot of the time, I would imagine, many of the stocks go up during a certain month as predicted, but then trend back downwards towards the end of the month, thus eliminating a lot of the gains that could have been captured. To buy on the first of the month, and sell on the very last day of the month, is a very strict policy and stocks aren't exactly "exact" in nature.
Of course, I assume you know this, I was doing some brain storming here.
Also, I have been busy in the last two days, but this weekend I will be doing some research looking for stocks that fit your criteria. I hope I can find some good ones.
Good Luck.
That's a good criteria.
When I first started looking for stocks yesterday, I thought to myself, "a lot of these stock patterns seem to be random".
But I'm glad you came up with that criteria, it weeds out all the dot-com type stocks and includes just stable and relatively predictable stocks. It makes a lot more sense now.
I'll get back to you with some stocks that fit the criteria.
Ploutos
Ken, one stock I did find that may be a good October stock, is NWL (Rubbermaid).
It took a big hit early this month and yearly, September is it's worst month of the year. Most stocks, after a big hit, tend to stumble around and often times go lower for a month or so. If NWL moves lower in September (as if usually does), October could be a good month.
http://finance.yahoo.com/q?s=NWL&d=t
Ken, I have several stocks that look good for a certain month, but I can't identify a pattern as far as quarterly or annual reports go - those seem to be just random.
Do you have an example of what I should be looking for?
I hope you're joking. Such an event would be a little out of iHub's league. Let's wait until SI goes down and iHub becomes THE place.
However, if iHub were to do just that, a gathering would be quite interesting.
We can watch everyone make a fool out of themselves IN PERSON! LOL, JK....no wait, I'm not kidding... :p <g>
INSP short term doesn't look good, IMO.
http://quote.yahoo.com/q?s=INSP&d=c&t=5d&l=on&z=b&q=l
I believe it will fall back down to the .60 range soon.
SI is down for me. Is it working for you?
LOLOLOLO!!!!!!!!!
I had that song in my head after I read a few posts on this thread, and then I saw that there had been a new post on this thread on the Hot list and I came here and YOU WERE SINGING THE SAME SONG!!!
I'M NOT KIDDING, LOLOlo!! THAT WAS ODD.
Mister Admin Matt, I have a song to sing.
It's call the SunMicrosystems song.
Plotous is going to get into it - and if it's a good stock is you're looking for.....
SUNW Let the sun shine upon your portfolio, valiant trader.
Well Plotous isn't used to this name.
....meow....
END OF MESSAGE
Plotous made a mistake and bought too much BEAS @ about 8.73 two weeks ago. It fell down in the low 7s, and Plotous' heart was racing, but it's back up to 8.40. Plotous is confident in his investment.
Plotous also bought FLEX @ 7.25 (approx.) last week, Wednesday I think it was. FLEX opened over 9 this morning, but it fell down later in the day.
Plotous is confident, yup. These are just trades, not "investments" per se. However, BEAS is a keeper....and that might be just what happens with my BEAS.
Plotous also holds a few other "hopes," that he believes will spout soon.
As Alan Greenspan would say, "Your exuberance is irrational."
Or something along those lines.
I see no chance in Lucifer's dungeon that WCOME will avoid bankruptcy.
they seem to be pulling all the stops to avoid bankruptcy
But they will still go bankrupt. It's inevitable, IMO.
LOL, That's one reason why T/A doesn't work a lot of the time. It's doesn't factor in news and other happenings. That's why I repeatidly tell people to NOT T/A OTCBB stocks, because they are moved by news and hype, not trading patterns.
I'm scared to death of the Nasdaq right now.
It's at or below it's last support line and the nex support it well below 1000. I don't know if the T/A will follow through, the Nasdaq trading at 800 or so sounds very unreasonable.
Nah, don't play that game. I know what it is like to have nobody posting on your site at all. And I know as soon as you get cocky you'll get taken down to your knees.
Please explain what the heck you are talking about.
My post was a joke, but I'm not so sure yours was....
Hey Matt, someone should start a thread that taunts SI Jeff, because...
http://www.investorshub.com/boards/read_msg.asp?message_id=415989
We got Zeev, Ha ha haa ha. Congrats, for a while.
Zeev, Please forgive me for asking, but will you be posting on iHub this week, or will you be moving back to SI?
I know you've probably answered this already, but with so many posts on this thread, it's hard to keep up.
Thank You.
HOW!?!
Not to be critical of the iHub design, but it's so out of date.