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May 28, 2009 – Comments (21) | RELATED TICKERS: B , E , ANY

I'm sure this may not last long but I FINALLY (but just barely) got my rating back over 20.  For all the top Fools out there and the people who didnt have to bring their score out of the dungeon of -2000+ points and an accuracy in the 20s, this may not be a big deal.  But for those of us "zombies" who've been hovering in the beanie zone for a while, its a time to celebrate.  Sooner or later I'm going to have this rating over 20 permanently, but in the meantime I'm going to cherish this moment.  Heck if i knew how to embed pictures I would post the screenshot for the future (like a couple hours from now) when my rating is back under 20.

But anyway, happy days are here again. lol

21 Comments – Post Your Own

#1) On May 28, 2009 at 1:57 PM, anticitrade (98.51) wrote:

I am impressed you stuck with it.  I theorize that most people in your old position just quit playing.  Good luck going forward.

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#2) On May 28, 2009 at 2:03 PM, outoffocus (23.90) wrote:

I'm sure most people do quit or start a new account.  I decided against it because:

1. I dont have time to manage multiple accounts and

2. I figured it would be more fun and I would learn more bringing this account out of the dungeon rather than starting a new account and having a 90+ rating within a week.  

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#3) On May 28, 2009 at 2:04 PM, outoffocus (23.90) wrote:

...And there it goes.  Well it was fun while it lasted.

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#4) On May 28, 2009 at 2:23 PM, willmaster01 (95.27) wrote:

Way to stick with it. Congrats!

 I just reached the 99. I'm stoked. I'm playing with the big boys now!

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#5) On May 28, 2009 at 2:29 PM, AllStarPortfolio (28.74) wrote:

outoffocus , Hard lessons for myself. My account was 2,000 points down, and now is struggling above 1,000.

 willmaster01, Play with the big boys..Have you read this blog? You qualify. . .   All Star Portfolio - 100 in 100 charm!


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#6) On May 28, 2009 at 2:49 PM, chk999 (99.96) wrote:

Congrats on clawing your way out of beanieville.

I have a suggestion, be very very careful about closing positions in the red. That kills your accuracy and accuracy is more valuable than raw score.

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#7) On May 28, 2009 at 2:51 PM, devoish (70.95) wrote:

one rec for the fine use of stock tickers.

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#8) On May 28, 2009 at 2:54 PM, outoffocus (23.90) wrote:

I have a suggestion, be very very careful about closing positions in the red. That kills your accuracy and accuracy is more valuable than raw score.

Thanks. Yea thats a lesson I learned too little too late. I wrote a post last year about it. If you check closely most of those red picks were closed last year during the crash. I would say since then about 90% of my ended picks were green. Only red picks I close now are ones I'm sure will never recover.

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#9) On May 28, 2009 at 3:20 PM, charlesblazer (30.22) wrote:

Congrats!  It is absolutely possible to recover from beanieville.  I hit 99.9x, then dropped to 00.0x (bottom 200!), and now I'm back to 99.1.  All this without playing anything wacky, like leveraged ETFs, and sticking to the same basic strategy the whole time.  Some strategies just take a little while to "wake up," and any score movement around 0 can easily cause wide swings in your rating.  When turnaround time finally came, I went from 0 to 97 in a week.

If your strategy is sound, recovery is only a question of "when" not "if."

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#10) On May 28, 2009 at 3:25 PM, GNUBEE (< 20) wrote:

OF, I was in the same spot a few months ago, reached a peak of about mid fourties, then dropped back to mid 20's.

I applaud your moxie, and thank you for not leaving a corpse account when things got bad. (just how many are there out there?)

Good luck!  I know just how itchy them beanies are.

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#11) On May 28, 2009 at 5:36 PM, CMFStan8331 (97.49) wrote:

Congratulations!  Sounds like you're well on your way to permanent escape from the dungeon.  If the market goes seriously south like some folks are predicting, I may be taking your place down there...

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#12) On May 28, 2009 at 7:21 PM, angusthermopylae (38.20) wrote:

I had the same issue--low CAPS score, -2.8 average, and mediocre accuracy...

...I'm still trying to figure out how it suddenly turned around!   Probably blind squirrels and all that...

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#13) On May 28, 2009 at 11:00 PM, MGDG (32.86) wrote:

outoffocus, hang in there and keep grinding. I too had a beanie for quite a while at -1200 & 40% with a score of 16. I also was initially closing losing picks and picks that were not +5 or better.

I kept the same account and went to work on my picks. Either I was going to beat the market, or it was going to beat me. I kept those losing picks open to remind me of my mistakes. Rec for you for not bailing and starting a new account.

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#14) On May 29, 2009 at 8:07 AM, outoffocus (23.90) wrote:

Whoa! I wasn't expecting this post to make the top five for the day. Thanks for all the support and recs.

I will definitely keep working on this account my points turn positive.  I honestly believe that I've learned more keeping this account open than someone who either gave up or started over (or someone who's never been in this position). I wish more people in this country had that attitude.  Take your licks, realize your mistakes, learn from them, then "pick yourself up by your bootstraps" and move on.  Instead we live in a country where people just want a bailout of their mistakes and in many cases want to return to the same stupidity that got them in this mess in the first place. 

I think if more people adopted this kind of attitude, the government wouldnt be gaining in power and failing institutions would be allowed to fail. Hopefully, America will wake up before its too late. 

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#15) On May 29, 2009 at 11:12 AM, AllStarPortfolio (28.74) wrote:

I wonder if there is a way to tell a 'skeleton' account from a buy and hold experiment/forced reality. 
   Perhaps a mandatory annual sign in, or you get a skeleton charm?  yeahhh

   I have such a reality myself on an old account. It's a yes man, and i refuse to close anything. I drop by every few months to add one pick to it's 150+ pick list, to keep the bomb charm at bay.
   It was rated 90+ when the crash came, and i guess i could have closed everything in a mad rush, and even thought about it, but instead i got stuck, and decided to just stick to my 5 year time frames.
   If it every breaks 20 i'll let ya'll know, if you haven't already figured it out.

   My Solarisking account would be fine if things were just a little bearish. I think a 50 rating is within my reach, around -880, if it will just happen. Looking for dividend commodoties/beomoths that have a 'bathtub' chart, cash, and a solid moat. Exposure to BRIC.

   By the way, i shorted almost the whole restaurant sector, and timed it rather well. I am in the green in most of it, but i think the sector has a long way to fall on average PE. Maybe there's still room for shorts there?


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#16) On May 29, 2009 at 11:43 AM, binv271828 (< 20) wrote:

outoffocus. Congrats! I am still trying to work my way up to double digits :)

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#17) On May 29, 2009 at 3:49 PM, Barebonez (84.80) wrote:


i myself was down 200 red picks so YES i had to use

every trick in the book to get my accuracy back up

People were DUMPING on -50  scores BUT actaully they (who are

trying) are TRYING harder because they have to over come the difference ratio (we are not just making new acct)

We have to dig deeper    scout harder because we cant sit on the side lines

we have to not only pick good stocks but greats ones or at least time them perfectly

 my hats off to you



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#18) On June 11, 2009 at 1:14 PM, outoffocus (23.90) wrote:

WOO HOO!! Back over 20+!

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#19) On June 15, 2009 at 2:55 PM, outoffocus (23.90) wrote:

Current rating 21!! Awesome!!

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#20) On June 16, 2009 at 12:18 PM, binv271828 (< 20) wrote:

I am back down to 2.55 ... :(

Someday I will make double digits again.... someday .... :)

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#21) On June 23, 2009 at 7:49 PM, Barebonez (84.80) wrote:

, outoffocus

Great JOB

as volatilite as the market is right now !!

wow extremely good job




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