VVTV Hit $57 in FY 2000, and is now a $0.30. Who will fill their shoes and save the home shopper if/when they take the final plunge off the cliff? With home shoppers cringing in fear for the withdrawal of their hero …. who will help shoppers fill those long days of shopping…… [more]
I'm a long by nature, but enjoy dabbling in this roller coaster market with some buy/hold/sell in 15-60 days or so; keeps things interesting with about 20% of my portfolio. I never day trade, I don't have the time, capital, or guts for it. I'm starting to wonder however, if I couldn't make money placing my calls on CAPS, and then betting against them by shorting them in the real world market???!! I have seen investors who are just bad stock pickers and you'd just like to do the opposite of what they do. I have seriously considered buying/selling opposite to Cramer’s calls, but his rating really isn’t all that bad, and I’d lose a bundle in commissions buying and selling each time he changes his call. In my case, most of my stock picks eventually surface, just not the first few days and I have to hold my breath until I turn blue coxing them to the surface.It seems that since I do most of my reading and research at night/weekends that I queue up my picks on Caps by posting them as I find them. Of course they don't go active until the market opens. Almost without fail the stocks I pick a day or so before when the market is closed, get bumped up in the opposite direction when the market opens, leaving me badly in the hole on CAPS potential. I would like to think that I just missed the market in general, but since I have mixed down and up calls going active on the open and they all do exactly the opposite of how I called them, then I can't blame it on market swings as a whole. One could say that I'm just a bad stock picker, (coldest one day award recently might support that), but overall, given time, I tend to come out ahead on my picks. Both of my real life portfolios are up on the year, but only with a lot of coxing and one of them could bobble back under from time to time. Similarly a few points in the major indexes and my fragile caps rating can make 20-60 point swings, but seems to be slightly more up than down.For caps, recently I started using the watch option. I assume I can make them "live" when I think the best point of the volatile day is and maybe gain a few points out the gate. The problem is that I'm not usually there to watch them. I wish they had "limit" option on the picks!Like my one day coldest player award, I try not to take things personally, but after a period of time of consistently making my picks too "early", one would have to wonder. Do I cover by shorting myself??!!! At any rate, maybe some of my fellow CAPS fools would like to short me! (Or certainly shut me up). If it wasn't for the seven day minimum rule, I'd bet you could rack up some points!Generally 50-50 chances and true/false aren't my strong point. I second guess myself too much, but consistent 50-50-90 ........ give me a 50-50 chance and I'm wrong 90% of the time, is not a winning hand in picking a car, a pet, in playing poker, and certainly NOT in the stock market!
The fake Santa's ringing the opening bell just couldn't do it for the market this year and the real Santa is not to be found! Normally I like the low volume plays around the holidays. Thanksgiving was a fun up until the bears came back to the market with indigestion. I heard Santa couldn’t be seen on Wall Street this year, but I’m not sure if he was disappointed in his North Pole Holdings, or out doing some last minute positioning and shopping.
I saw some studies one time about how much Santa’s sleigh could hold. The magical sleigh could hold many metric tons, but Santa still has to stop off at key locations around the world and restock. I found out recently that he rented extra warehouse space from Prologis, (PLD) in several countries. Apparently the word leaked out and PLD’s stock started screaming upward. Seems Santa pays in Gold and Silver that he mines up North in the off season. I asked some of my contacts at PLD to peak into Santa’s warehouse space. One in New York reported a HUGE present the elves were moving with a crane that was labeled Madoff, the label on it simply said "PONZI this". Another warehouse in Greece held a meteor sized present labeled Economou, with a tag that said "Share this with Davy Jones" and several packages in India labeled Raju with a cryptic note on them that only stated, “this is what I SAY”. There were several other packages seen addressed to a major bank in England that simply said "one lump or two you losers". All of the packages were big enough to reportedly crush a house, or a large ship. [more]
I suppose its par for the course. From a record ice storm in the Northeast, no power, heavy snow, and record low wind chills, it only figures that today would be the day that I would get the ONE DAY ICE COLD charm here on CAPS. I'll cherish it forever as yet another learning experience. I can't even blame it all on my frozen fingers and late nights camping out in my living room in front of the fireplace! (Smores anyone!) [more]