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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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PPOT Port close 03/26/2008:
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Registered
Join Date: Nov 2001
Location: Marina del Rey, CA
Posts: 508
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Back in Black!
More words I don't know to an awesome song - blah, blah, blah Back In Black! (insert guitar riff)
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We can share the women, we can share the wine - Jack Straw. 1970 911t w/3.0 1971 914 w/2.0 1987 300E |
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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PPOT Port, Close 04/08/2008.
As a group, we're about flat for the first quarter. ![]() |
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Proprietoristicly Refined
Join Date: Jul 2001
Location: ~Carefree Highway~
Posts: 5,833
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Registered
Join Date: Nov 2001
Location: Marina del Rey, CA
Posts: 508
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John_AZ,
How ironic that I was in ASTI for a few days, maybe a week a little while ago.
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We can share the women, we can share the wine - Jack Straw. 1970 911t w/3.0 1971 914 w/2.0 1987 300E |
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Proprietoristicly Refined
Join Date: Jul 2001
Location: ~Carefree Highway~
Posts: 5,833
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Quote:
ASTI - Ascent Solar Technologies, Inc. (NASDAQ) 15.81 -0.30 (-1.86%) Apr 9 4:00pm ET Open: 16.35 High: 16.35 Low: 15.41 Volume: 170,412 Avg Vol: 488,000 Mkt Cap: 184.72M After Hours: 15.87 +0.06 (0.38%) Apr 9 4:07pm ET John_AZ |
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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PPOT Port 04/24/2008 Close:
POT/TyFenn is in the lead! ![]() Best, Kurt |
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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PPOT Port. 05/02/2008 Close:
![]() Still basically flat for the year, but a lot of shifting around inside the port! Last edited by kstar; 05-03-2008 at 10:44 AM.. |
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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We're the proverbial monkey with a dartboard!
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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The dart throwing monkey would probably be up on this group . . . and smell better.
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Shouldn't I be winning since I called shorting the PPOT Fund?
OK, I guess not winning but I'm in the mix. ![]()
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Cornpoppin' Pony Soldier |
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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Quote:
![]() But, you're kicking my butt (AAPL). I'm still confident that AAPL will win this little contest, and you have my words here on the record. ![]() Should be an interesting year. Best, |
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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But I would have heavily leveraged my position. Probably just enough to be in the lead now
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Cornpoppin' Pony Soldier |
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,858
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Quote:
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Cornpoppin' Pony Soldier |
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Registered
Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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Things kind-of changed when the Fed stepped in to bail out Bear Stearns in March.
One needs to reevaluate one's entire investment strategy when such blatant "unevenness" is shown to exist in the markets. We "ordinary citizens" have to suffer with our losses if we are wrong with our investment decisions, but those with enough "political pull" get bailed out by the government (at the taxpayer's expense) when they are wrong in their positions. Why trade in the markets if the guys you are trading against get to push the taxpayer at gunpoint to the trading floor to bail out their losing positions? I was leveraged heavy on the short side in February and March waiting for "the house of cards" to collapse -- just as it would have with news of a major bankruptcy in the financial sector (like Bear Stearns). Instead of being rewarded for my (literally years of) work studying the economy/markets -- and rewarded for the risks I took positioning myself for a collapse -- I'm penalized with losses while the idiot traders who have never so much as looked at a company's SEC filings, are "bailed out" as the Federal Reserve steps in and pumps billions of dollars of taxpayers' money into the system to prop up companies which are literally bankrupt. One trades in the markets with certain expectations that both sides will have to follow the same rules. When one side uses the barrel of a gun (that gun being aimed at the taxpayers) to support their losing positions, it is not a fair market. |
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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I agree 100%.
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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See "Chicago School".
One simply can't beat the market; not consistently and not over time. If one can consistently find pricing inefficiencies over time one will reach super-hero status on the Street. Don't assume you're the only one reading filings. The mass of folks investing and trading in markets is arguably the greatest and fastest communication machine on Earth. 2¢ |
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Monkey with a mouse
Join Date: Oct 2000
Location: SoCal
Posts: 6,006
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Back in Black!
PPOT Port Close 05/06/2008 ![]() |
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Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
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Quote:
That's where anyone "with half a brain" can make 40%/year in the stock market, consistently over time. And in a bad year, 25%. |
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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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At the end of the year we'll have to remember to calculate our returns with dividends reinvested.
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MRM 1994 Carrera |
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