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portefeuille (98.82)




March 06, 2009 – Comments (6)

best "real yes man" for 3 months now ...

6 Comments – Post Your Own

#1) On March 12, 2009 at 2:38 AM, SuperPicks (28.44) wrote:

Congratulations, amazing how resilient your picks have been vs the broader market through the volatile ups and downs....or really, big downs.

Would you happen to reside Australia? That's a place I'd like to see myself by 2011 or so.  Haven't visited yet, would like to feel out the environment towards American outsiders trying to integrate in.  Just curious. 

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#2) On March 12, 2009 at 12:51 PM, portefeuille (98.82) wrote:

Hi, I am in Europe.

As one can hardly miss our point scores are moving in tandem since I started my caps player. This is just the result of us making "net long" picks on high beta stocks.

I have given making a list of other such players a thought recently - there are quite a few of them out there!

We all move opposite to those "top players" (obviously - since they are "net short" "high beta").

I believe there will be hundreds of above 5000 points players around in the not so distant future - all it takes is for the S&P to rise just a couple of more points and for “all of us” to just "hang in there".

I think  foolsMeThrice put it quite nicely in response to an earlier post of mine:

"On February 11, 2009 at 12:05 AM, foolsMeThrice (99.79) wrote:
practicing the words of the great warren buffet will be greatly rewarding.  The top players here can't shift gears even though this is when your supposed to buy.  I don't know if you've noticed but their scores have mostly flatlined.  So in all of this turmoil, since October I've gone from 4000 points to 9000 caught up and passed those I thought were unreachable.  And I thought this was a bear market."

Let's see whether they can/will "shift gears". If not, the time for a leaderboard reshuffle has come ...




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#3) On March 13, 2009 at 8:44 PM, SuperPicks (28.44) wrote:

Thank you for the reply.  Yes, that was the trick, getting in at the right time, and rolling trades on high beta stocks.

Very optimistic post from Foolme.

After the gains this week, and seeing where Credit Default Spreads are for some companies yet at the same time seeing low volatility index levels on the S&P has made me very nervous.  I shifted towards more market neutral approach today.  (Still slightly net long on my personal portfolio).

Hope you do well going forward and hope to see you as one of the top dogs. Good luck. 

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#4) On March 18, 2009 at 8:19 PM, foolsMeThrice (99.40) wrote:

There is another play which I seriously regret doing involving my 401K.  Now that I am part of a new company that does a 401k match up to 5% of your base, I shifted to cash because the equivalent return on my money is double what I put in for that initial sum. So over a five year period, I will earn an effective 20% return on my cash even though the rate of return is 4%. safe and a damn good investment but....

I missed a solid bounce in financials..  I could have moved my 401K into my company stock and enjoyed a nice 68% bounce which would almost completely eliminate the net loss from this horrible market.  I don't believe the bottom is in yet, though it is quite possible I missed the bottom,  I doubt it seriously. In these markets we should expect the W formation at the bottom not a V. So if my hunch is right, then I will get a second chance.  That is if I remain at the same company at that time.

I am a risk lover at heart but I also know patience wins in the end in this game.  Perhaps the decision I made was right and my company stock could have just as easily moved 50% lower.  If it does go 50% lower than the previous low, you bet in a heartbeat  I will moving the 401K all in and ride it like a cowboy.

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#5) On March 30, 2009 at 4:56 AM, SuperPicks (28.44) wrote:

port, your consistent and numerous comments finally compelled me to clean out some of my own favourite list based on all your green thumb scoring talk.  I did a little cleaning, I could probably do more, but it was time consuming.

the only way I found to do it was to copy/paste into notepad each page with greens sorted, then copy the full notepad paste into excel & simply click on the column with score for the count.  too much work still.

do u have a faster way?

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#6) On March 30, 2009 at 6:53 AM, portefeuille (98.82) wrote:

I will just wait for the new sorting/screening features. You are right, it is too much work ...

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