Well, today is theoretically the sell day.

BBBY is down 9.5% & SCHL is down 1.7%. Those losses are washed by SBUX gains over the past month.

Now the problem I seem to have is discipline. I bought AMCC & IOX at the end of last week. I couldn't wait. So I'm in the hole for Oct.

I've got to "plan the trade, and trade the plan".

Focus, grasshopper.

Allan

RE: SCHL

I want to believe that there has to be an upside to the SCHL news. I'll probably hold until the end of this month.

This is the first month that I've held picks this far into the month. I am still in possession of all the stocks purchased at the start... unfortunately the majority are in the red... fortunately the month isn't over.

Yesterday, I couldn't get a price for SCHL that was on the positive side, and I started trying to dump at 9:34.

My plan for now...
October
DOX
IOX
MEDC
FLIR
AMCC

- stay in SBUX through mid Nov.
- get into HOTT for Oct and Nov.

Did you get into it, Allan?

Yes at 29.52. I was a bit hesitant. I'm up 4.5%.

My best runner so far has been SBUX. I got in at 27.21. Sold out on Thursday AM, taking 8.89% off the board. On Friday PM, I jumped back in at a 2% discount. It's curently at 30.19. I'm up about 3.75% since then. So, I'm up about 12%. I'll hold on til the middle of November. That seems to be the spike during the November/December rise.

The others are down... BBBY (-6.3%) & ICUI (-2.1%). Like SBUX,I plan on holding ICUI for more than a month, probably a quarter.

It seems 11M copies of Harry Potter really turned in some positive results. Hopefully, we'll see a further rise in the stock price.

Allan

Bollinger on Bollinger Bands... that seems to be straight from the horse's mouth. I'm also going to check out all the other web sites that have been brought to my attention.

Thanks.

Allan

Q & K,

I've been glancing at some of the technical analysis info provided on Investopedia.com. The author is Shaun Taylor. I started printing out some of the info and realized that there must be a better way... like a book!!! TaDa!! Is there one that you can recommend. I have to understand these Bollinger lines, etc.

I'm OK with looking at the tracker, every now and then seeing a cup and handle, evaluating sales vs profits vs net income, etc. I'd like to take it to the next level.

Suggestions?

Allan

Bigsquidly this charts for you.

Thank you very much... I'm trying to contribute.

Allan

IOX recently jumped in price based on a September annoucment regarding the quarter/fiscal ending June 30. There should be another quarterly earning report in October for the first quarter that will end this month.

Take a look at the seasonal tracker... it shows a strong October.

Allan

I may have unearthed one for October that isn't in the Medicine Box...

ROCM

Allan

RE: SCHL

That means to me that they know something about the coming quarter announcement on the 25th. The General Counsel, the Chief Financial Officer, and four officers of the company bought into their own company.

According to a printed report, none of the income, from the most recent Harry Potter Book, was included in the last quarterly report. So... Harry may make for a beneficial report.

Now, if that is the case, wouldn't you want to hang onto the stock for a day or so after the earnings report figuring that there will be a quick rise? Or am I missing something?

Allan

PTEN started the month at 29.90ish and is currently sitting at 27.25, making for an 8.8% drop. I wonder if this is the time to get in?

Allan

Just as an update, this is what I got into in September...

SBUX @ 27.21
BBBY @ 42.90
ICUI @ 29.41

July saw a 7,439 investment yield 174 (2.3%)
August saw an 11,972 investment yield 1,048 (8.75%)

So, two months of gains = 1,222.

I've been selling early to secure gains. That has helped me with a couple of stocks (ex. KNSY), but it has also hurt (did I say really hurt) when I sold FHRX at just under $4. It finally ended it's run at 6.05. OOOUCH.

But, the bottom line is I'm up thanks to everybody's assistance and I just have to learn from and share the experiences and hopefully others will benefit as I have.

Allan

Taking a look at the BBBY chart since June...

Does it look like we are in a "handle" as in "cup and handle"?

Allan

Have you been on vacation?

No, I've been here. Just following the bouncing ball.

Allan

I've been looking at SBUX.

Over the past five years it seems to make a pretty good run from the start of September through the middle of November.

Aside from 2001, where it rebounded toward the end of December, the increases seem to be in the 20-40% range. I say "it seems", because I don't have the exact prices.

Maybe somebody can shed a brighter light on this to see if it worth considering.

Allan

August is tough.

RJR doesn't show enough years of support.

Allan

Right or wrong, I decided to sell QLGC yesterday (Tuesday) and secure a 6.9% gain after expenses.

TARO is still out there.

Currently in search of August.

Allan

Did ya get wet after the plunge

As a matter of fact I did. As of today, QLGC is up 6.75% and TARO is up 2.84% for July. I must admit, I'm tempted to sell each of these stocks once they go into the seven to eight percent range. Based on what we've all seen for average returns in July, that would be a decent profit margin.

Any thoughts from anybody would be appreciated.

In a few of the posts, there have been references to a less than 25K amount of cash being used as a base. I invested 3,900 in QLGC and 3,500 in TARO. That's about 7,400 sitting in two Ameritrade ROTH accounts. Depending on how things go over the summer, I'm gonna invest another 5,000 into a third stock, provided a promising stock is available.

According to my calculators, if my 7,400 averages a yield of 8.5% each month for 5 years, I'll be sitting on a million bucks.

If I can average 10%, I'll be pushing 3 mil. And who knows what will happen if I decide to add to the pot

One million... 3 million... I'm not that fussy. I just refuse to shovel anymore snow. Since leaving Boston in 1988, I haven't lifted a single finger to shovel or scrap the great white killer and I want it to stay that way.

There are some pleasures money can't buy... happiness(depending on your definition) is one of them.

Allan

Well, I took the plunge. Here's what I purchased for July...

QLGC @ 48.71
TARO @ 55.99



I also took a look at Electronics Boutique (ELBO). It doesn't have a long enough or strong enough track record to qualify for the fundamentals outlined by Ken. In looking at its seasonal increases I found that increase are...

July 8.3 (3 years up, 1 year down)
Aug 11.8 (4 years up, 1 year down)

Checking an IDB chart, I found that it was sitting right on its 50 and 200 day moving averages. So I bought @ 23.48, and will hold it into August.

It's November increases average 24.2%, with 5 years of increases and 0 years of decreases. I'm looking forward to the results.

Allan

Micco is about an hour and a half north of us.

We are a few miles north of West Palm Beach. (Scene of the infamous recount.)

Allan
(able to read a ballot)

Thanks to the Palm Beach Gardens Library, I see that FRX possesses the "timeliness of 1".

Allan
(Research based on QuillandPenn homework assignment.)

Good Afternoon,

What do you think, Allan?

I have this voice in the back of my head repeating, "Every new bull market, brings new leaders."

With that, I look at TARO & FRX and I lean toward TARO.

But would put cash on FRX as well.

Allan
(new at investing & on the fence)

Forest Labs (FRX) has had a pretty good July run since 1997.

Allan

Hello QuillandPenn,

And thank you for the response.

I've always wondered about this line of thinking. It seems to make perfect sense to me. Especially with a company like Electronics Boutique (ELBO). My son had a job there last year and that caused me to take a look at the stock price every now and then.

I've hit the library as you requested and found the Value Line info you discussed and it is opening my eyes to a number of different stocks which seem to be primed for movement (at least in one person's opinion.)

I've gone through the links you've provided and feel like I have a ton of work to do.

Thanks for the assistance/direction.

Allan

Hello Everybody,

I'm doing a little window shopping (per order of QuillandPenn) and had a couple questions about the merchandise.

Has Ken actually been buying the stocks that are listed on his five year revolving monthly portfolio?

And what about QuillandPenn... do you purchase the stocks you have listed on your revolving monthly portfolio?

Or are we just talking about a paper game?

Allan