Ask $$$MR. MARKET$$$

[mrmarket]

This thread is for any questions, no holds barred, that you would like to ask $$$MR. MARKET$$$. I'll try to answer as honestly and accurately as I can.

[tx_damnyankee0]

This is great!!!! (But......how do we pass the potato salad?). Your help and wisdom are appreciated! Thanks

[IamOrion]

MR. Market or Anyone-
Can anyone give a little insight/meaning of the 50/200 day moving averages. What are you looking at when you analyze them.

Thanks,
Orion

[mrmarket]

MR. Market or Anyone-
Can anyone give a little insight/meaning of the 50/200 day moving averages. What are you looking at when you analyze them.

Thanks,
Orion

I do not follow these averages...they fall into the category of TA...not my stuff.

[stenzrob]

MR. Market or Anyone-
Can anyone give a little insight/meaning of the 50/200 day moving averages. What are you looking at when you analyze them.

Thanks,
Orion
Orion,
Check this page:
http://stockcharts.com/education/IndicatorAnalysis/indic_movingAvg.html
Mostly, these just provide a quick way to identify a trend. Enough people look at them that they can actually indirectly provide support or resistance, especially the 50 day. For example, what you might look for is a move through the 50 day average on higher than average volume.

[IamOrion]

Thanks Stenz. I appreciate the input, and the chart and explanation was very helpful. That website has a lot of useful information. :)
Thanks again,
Orion

[shengh]

MrMarket :

You have 13 symbols in your current portfolio. I know you buy&hold until 15%+ gain. How did you divide your money for each pick ? same value or same share ? I have traded FCFS several times with some gain. Thanks for your great pick.

Best Regards,
shengh

[mrmarket]

MrMarket :

You have 13 symbols in your current portfolio. I know you buy&hold until 15%+ gain. How did you divide your money for each pick ? same value or same share ? I have traded FCFS several times with some gain. Thanks for your great pick.

Best Regards,
shengh

The best answer I have is that it varies. When I sell a pick, I buy a stock. The profits compound accordingly. I reinvest all of the money I have.

[Mi6op]

What was your starting amount of capital and what are you up to now?

[mrmarket]

What was your starting amount of capital and what are you up to now?

It's a lot more than I had 15 years ago.

[RL]

Ernie,
What effect will the Amer stock exgh. have on DKS by selling options
If any :?: . Thanks
Ray [rl]

[mrmarket]

Ernie,
What effect will the Amer stock exgh. have on DKS by selling options
If any :?: . Thanks
Ray [rl]

I haven't really thought about it. Let's put it this way, if DKS keeps growing the way they have been, the stock price will hit my target.

[neilaura]

Hi Ernie.
A quick question, you buy and hold untill you see a 15% profit, why 15%, is it just an arbitary number or the result of calculation?

Neil

PS as I live in Vegas and we both share a love of good beer let me know when you are visiting next and I'll show you the best watering holes

[mrmarket]

Hi Ernie.
A quick question, you buy and hold untill you see a 15% profit, why 15%, is it just an arbitary number or the result of calculation?

Neil

PS as I live in Vegas and we both share a love of good beer let me know when you are visiting next and I'll show you the best watering holes

15% seems to be a safe gain to glean from the momentum stocks that my model selects.

[neilaura]

[/quote]

15% seems to be a safe gain to glean from the momentum stocks that my model selects.[/quote]

Thank you for the prompt answer.

Neil

[carlton02]

Ernie

You are just doing a great job with your picks.
may I ask your opinion on these:
CRDN
SHRP
BRLI
LEIX
I saw these on IBD listing today and thought that you might consider them for future picks.
I my humble opinion CRDN is great!
your thoughts are appreciated

You are Huge
Carlton

[mrmarket]

Ernie

You are just doing a great job with your picks.
may I ask your opinion on these:
CRDN
SHRP
BRLI
LEIX
I saw these on IBD listing today and thought that you might consider them for future picks.
I my humble opinion CRDN is great!
your thoughts are appreciated

You are Huge
Carlton

Were any of these in my last couple of data dumps?

[stenzrob]

CRDN was on my screen several weeks ago, but I failed to buy it. It is now off my screen because with the recent price surge, the price/sales ratio is above bargain level.

[mimo_100]

Ernie

You are just doing a great job with your picks.
may I ask your opinion on these:
CRDN
SHRP
BRLI
LEIX
I saw these on IBD listing today and thought that you might consider them for future picks.
I my humble opinion CRDN is great!
your thoughts are appreciated

You are Huge
Carlton

Were any of these in my last couple of data dumps?


I missed it big time!!!!!!!!!!

MM is HUUUUGGGEEEEEEE!!

http://www.mrmarketishuge.com/forum/viewtopic.php?t=144

Tim

[mimo_100]

Ernie

You are just doing a great job with your picks.
may I ask your opinion on these:
CRDN
SHRP
BRLI
LEIX
I saw these on IBD listing today and thought that you might consider them for future picks.
I my humble opinion CRDN is great!
your thoughts are appreciated

You are Huge
Carlton

Were any of these in my last couple of data dumps?


I missed it big time!!!!!!!!!!

MM is HUUUUGGGEEEEEEE!!

http://www.mrmarketishuge.com/forum/viewtopic.php?t=144

Tim

[herrmannator]

Ernie,
Do you consider your past picks when looking through your data dumps - or do you eliminate them right off the bat? Lots of them seem to show up well after you have taken your HUGE profits on them.

Thanks,
- Herrmannator

[mrmarket]

Ernie,
Do you consider your past picks when looking through your data dumps - or do you eliminate them right off the bat? Lots of them seem to show up well after you have taken your HUGE profits on them.

Thanks,
- Herrmannator

I try to stay away from the old ones, but if one of my old ones is head and shoulders above the other ones, I will buy it again. No problemo.

[mr.yuk]

Greetings, o Lord of meats and cheeses:

I have noticed that sometimes you opt to hold on past 15% for a bigger gain. WRLD is a case in point. When you go past 15%, how do you decide when to sell?

[mrmarket]

Greetings, o Lord of meats and cheeses:

I have noticed that sometimes you opt to hold on past 15% for a bigger gain. WRLD is a case in point. When you go past 15%, how do you decide when to sell?

It was just a matter of being asleep at the switch. Although I had a feeling WRLD was going to have a big day, so I waited until the initial open surge and then I sold it. To summarize, there is no rhyme or reason, it just worked out that way.

[mr.yuk]

Thanks. Now, if you are trying to gain 15% per transaction, why don't you use limit orders to ensure that you won't miss out if the stock pokes through 15% and then drops back down?

[mrmarket]

Thanks. Now, if you are trying to gain 15% per transaction, why don't you use limit orders to ensure that you won't miss out if the stock pokes through 15% and then drops back down?

It takes the fun out of doing it manually.

[JerzeyGuy]

Mr. Market,

What do u think about TIF?

[mrmarket]

Mr. Market,

What do u think about TIF?

It does have the characteristics of a MM stock, but its price momentum is not that great and its PE is high.

[grebnet]

MM
I am impressed with your results. I am fairly new to your board and have been trading with you very successfully. Thanks for the info. I have been playing around with screens to try and follow you and come up with some independent ideas.

One screen recently came up with NCEN which to me looks great, almost too good so I figure I must be missing something. Their debt is high which may be enough reason to avoid. Any thoughts ????

Thanks again great job..

[mrmarket]

MM
I am impressed with your results. I am fairly new to your board and have been trading with you very successfully. Thanks for the info. I have been playing around with screens to try and follow you and come up with some independent ideas.

One screen recently came up with NCEN which to me looks great, almost too good so I figure I must be missing something. Their debt is high which may be enough reason to avoid. Any thoughts ????

Thanks again great job..

I think NCEN is an interest rate / refinance play that doesn't get much respect on the street because everyone thinks once rates go up, this business will dry up. In the meantime, they continue to print money. I just buy what my model tells me to buy, I'm really not that smart otherwise.

[Gem]

Seems to be a lagging...do you think retail stocks need to have sell rule as they are too dependent on their short tterm performance like SSS etc?

[mrmarket]

Seems to be a lagging...do you think retail stocks need to have sell rule as they are too dependent on their short tterm performance like SSS etc?

see...ACMR

[mrmarket]

or DKS

[Gem]

Thanks for yr reply on my question on retail stocks. Do u think the recent hammering of education stocks provides an entry point? or is there too much of distribution for those stocks to regain momentum in the short run? I am talking of ceco, coco and apol in specific...

[mrmarket]

Thanks for yr reply on my question on retail stocks. Do u think the recent hammering of education stocks provides an entry point? or is there too much of distribution for those stocks to regain momentum in the short run? I am talking of ceco, coco and apol in specific...

did they turn up in my last dump? If so, then they are candidates.

[The Kid]

If blood ever turns up in one of your dumps, do you immediately see a doctor or do you wait a few days to see if it clears?

[mrmarket]

I'm not amused.

[The Kid]

I'm sorry. My bad. I must have confused you for a guy with a sense of humor. :oops: :lol:

[Dave]

MM
I am impressed with your results. I am fairly new to your board and have been trading with you very successfully. Thanks for the info. I have been playing around with screens to try and follow you and come up with some independent ideas.

One screen recently came up with NCEN which to me looks great, almost too good so I figure I must be missing something. Their debt is high which may be enough reason to avoid. Any thoughts ????

Thanks again great job..

I have been following and trading NCEN for about 6 months. They are a great company that has been using extra cash generated by the low interest rate mortgage boom to do a variety of good things such as expand market share with new offices and implementing an ongoing stock repurchase program. They are fairly conservative with their numbers and operating strategy, and sub-prime does not directly follow the same patterns as prime as they are not necessarily based on the same interest rates (LIBOR). NCEN has recovered nicely from a big dip they took based not on anything they did, or missed numbers, but on a general feeling that the mortgage market was slowing down. They put this fear to rest over the past 4 months by continually posting amazing numbers. I just recently sold my NCEN shares, but the price momentum right now continues to be strong.

-Dave

[HugeFan]

Hi, Ernie:

You have eight screens to build a universe of stocks from to make your pick. A couple of them involve fundamentals (such as pulling stocks making new highs with IBD EPS rating of 90 or higher) but many focus on price appreciation, nearing new highs and lower PEs. These screens don't necessarily filter on fundamentals.

I've noticed in some of the threads here that you have stayed away from some stocks that don't have, say, three years of earnings growth. You look for real earnings. I know you also mention doing due diligence on the data from your dumps. What fundamental criteria do you look for in eyeballing the 3-5 stocks from which you will make your pick? (As in 17% or more ROE, 25% or more EPS for three years, etc., etc.? Could you elaborate more?

[mrmarket]

Hi, Ernie:

You have eight screens to build a universe of stocks from to make your pick. A couple of them involve fundamentals (such as pulling stocks making new highs with IBD EPS rating of 90 or higher) but many focus on price appreciation, nearing new highs and lower PEs. These screens don't necessarily filter on fundamentals.

I've noticed in some of the threads here that you have stayed away from some stocks that don't have, say, three years of earnings growth. You look for real earnings. I know you also mention doing due diligence on the data from your dumps. What fundamental criteria do you look for in eyeballing the 3-5 stocks from which you will make your pick? (As in 17% or more ROE, 25% or more EPS for three years, etc., etc.? Could you elaborate more?

I'm not sure I understand your question. Are you asking me how do I determine my final pick when there are only 5 left standing?

[HugeFan]

Yes, that's it. What are your requirements when eyeballing the final five? What makes you choose one over the other, assuming none have any lawsuits or other one-time charges.

[mrmarket]

Yes, that's it. What are your requirements when eyeballing the final five? What makes you choose one over the other, assuming none have any lawsuits or other one-time charges.


I'd have to say that's the "secret sauce". All 5 companies are usually very good. But these are the things I look at and compare to select the creme de la creme:

relative price change and r-squared, historical growth, The stock’s current price relative to its 52 week price high, Recent and past price and volume activity, recent sales and earnings growth acceleration, quarterly sales and earnings growth rates, analyst estimate increases, earnings growth going forward, earnings stability, revenue and margin growth, risk vs. reward, is the stock capable of doubling again, is it still undiscovered, is it a gorilla in its market, are the earnings of high quality, management ownership, cash flow, PE multiple, Relative Price Strength Rating, Moving Average trends, Up volume vs. down volume, return on equity, Recent price performance vs. its industry , industry group’s price performance vs. the S&P 500 index, other primary industry fundamentals and macroeconomic correlations.

Sorry, but this is the point where it becomes subjective rather than quantitative. Usually one of the 5 just "feels" better than the others. But the key is getting down to 5 stocks since it's so much easier to select one stock from 5 rather than one stock out of 10,000. Make sense?




Hope this helps.

[HugeFan]

Yes, it does make sense. Very much. I just knew there had to be a "secret sauce!" :) Do you ever come up with your five stocks and are underwhelmed by all of them?

[mrmarket]

Yes, it does make sense. Very much. I just knew there had to be a "secret sauce!" :) Do you ever come up with your five stocks and are underwhelmed by all of them?

yup...not long ago I pulled 5 and didn't like any of them. Of course, SSYS was one of 'em. Doh!

epilogue: (I bought SSYS from a subsequent dump).

[mrmarket]

Thanks for all of your individual emails. I promise to get to them soon. If you have questions that you feel may benefit the group in general, please post them here and I will answer them right away.

[mrmarket]

bump

[billyjoe]

Mr. Market, Just out of curiosity do you or have you ever made home brew?
billyjoe

[mrmarket]

Mr. Market, Just out of curiosity do you or have you ever made home brew?
billyjoe

My wife gave me a kit for Christmas. To answer your question, no. Although I'd be happy to sample yours if you send me some.

[billyjoe]

Mr. Market, I knew it! I swear to God sometimes I'm psychic. Once I was talking to a friend and had a funny feeling and asked him if he had a pet crow as a child. He said "you know I did have a pet crow about 30 years ago". Mr. Market, you are destined to be a home brewer, why I don't know, but I'll bet you'd be good at it. The biggest problem will be controlling fermentation rates. Too fast and you'll blow the caps off. Too slow and it will be flat. Have nothing to send at this time, but you'll be first on my list.
billyjoe

[IIC]

Mr. Market...What is your fave beer?

Billyjoe...My B-day is coming up in April...Could you send me a case of your Best Light Lager?...THX

[billyjoe]

IIC, Thanks for the request, but my best lite lager would probably poison you. I'm constantly experimenting and sometimes wonder if I'm making any progress.
billyjoe

[vish]

Ernie,

I think you screwed up on your purchase dates on your homepage for the last two picks (AACE and HZO). According to the site, you bought them in the year 2005! With your record, you probably will sell both before those dates even come.

Vish

[bka58]

I was reviewing your stock picking model and the screens that you mention that you run. I am curious about how you run these screens? Do you have some sort of premium subscription to IBD for some of these screens? Or is there another tool or site that you are screening on? I was just curious since you talk about using a lot of free internet information, but I can't figure out how you perform some of the IBD screens.

Thanks,
BKA

Even a blind squirrel finds an acorn every once in a while!

[mrmarket]

I was reviewing your stock picking model and the screens that you mention that you run. I am curious about how you run these screens? Do you have some sort of premium subscription to IBD for some of these screens? Or is there another tool or site that you are screening on? I was just curious since you talk about using a lot of free internet information, but I can't figure out how you perform some of the IBD screens.

Thanks,
BKA

Even a blind squirrel finds an acorn every once in a while!

My screen is called a pencil and a newspaper. Karel has written and published some very good approximations on this forum.

[vish]

Hey Ernie,

Your homepage must be playing some games on you. Now I noticed that SSNC was bought on Saturday 2/14/04 according to your website. I think it was bought 2 days earlier on 2/12/04 if I'm not mistaken.

Vish

[mrmarket]

Hey Ernie,

Your homepage must be playing some games on you. Now I noticed that SSNC was bought on Saturday 2/14/04 according to your website. I think it was bought 2 days earlier on 2/12/04 if I'm not mistaken.

Vish

I'll check it out next time I pull my brokerage statement. You should be my accountant.

[vish]

Ernie,

Thanks for the offer to be your accountant, but I have enough problem trying to figure out all my accounting (especially with the more and more complicated taxes we all have to figure out). I think I'll stick to being a pediatrician at least until I can't afford to pay my malpractice insurance.

As far as SSNC goes, no need to go look at your brokerage statment for the buy date. Just take a peek at your post from 2/12/04. Hope this helps! Vish

Posted: Thu Feb 12, 2004 2:45 pm Post subject: SSNC ==> The President's Day Winner

--------------------------------------------------------------------------------

Did you ever wonder what those big institutional hedge fund and money managers do all day? They sit up there on their fat asses and try to make a market call and then they get all nervous when the market moves against them and then they sell. They’d be really happy if no one knew about their idiotic mistake and their more idiotic cowardly exit. The bad news for them is that there is very good software out there that tracks all this stuff. SS&C Technologies is an IT company that helps money makers make money. If they were smart they would just tell their clients to trust MM and follow his teachings. 35% year over year returns for a decade make MM the Warren Buffet of the 21st Century.

Today I bought SSNC at 44.40. I will sell it in 4 to 6 weeks at 51.22. Here’s why I like SSNC.....

[dwtillard]

I'm pretty new to this. Where is your list? I'm having a hard time netting it out.

thanks

[dwtillard]

:) I fifured it out. What entry pionts do you use? Do you find the pivot p.. What chart patterns do you look for?

Thanks in advance for your help.

[mrmarket]

:) I fifured it out. What entry pionts do you use? Do you find the pivot p.. What chart patterns do you look for?

Thanks in advance for your help.

I never look at entry points or pivot points or chart patterns. That's for those who are smarter than I am. Funny thing is, I still make money.

[dwtillard]

:D How do you know at what price to buy it? What are your sell rules?

Thanks

[mrmarket]

:D How do you know at what price to buy it? What are your sell rules?

Thanks

I run a quantitative momentum model which selects a single stock which, historically, has a 90% chance of reaching a 15% profit in a period of time that will outperform the overall market.

[Websman]

$$$Mr Market$$$,

While I am sitting here at my computer and cheering on the Tampa Bay Lightning as they stomp the Montreal Canadiens butts into the ice, I am thrilled and excited by the thoughts of an big powerful American team disgracing a wimpy little Canadian team on their own turf. I am also thinking that, one day, we should start a war against Canada and take over the whole country. I believe we could beat them in a matter of days.

Although I am having all these inspirational and pleasant thoughts, I am also a little disturbed by the seemingly poor direction of the makets and IBD's announcent that the market rally is all but dead. Mr Market, I'm not sure I trust IBD's opinion anymore. In fact, I would bet that William Oneil is a Montreal Canadiens fan and thinks Canada is superior to the USA.

I know that market direction is a very important factor for the canslim way of trading to work, but what about your style of trading? I would really appreciate your views on market direction and how important it is for your style of fundemantal trading to be successful. Any thoughts from your greatness would be appreciated.

Thanks $$$Mr Market$$$!!!

[mrmarket]

$$$Mr Market$$$,

While I am sitting here at my computer and cheering on the Tampa Bay Lightning as they stomp the Montreal Canadiens butts into the ice, I am thrilled and excited by the thoughts of an big powerful American team disgracing a wimpy little Canadian team on their own turf. I am also thinking that, one day, we should start a war against Canada and take over the whole country. I believe we could beat them in a matter of days.

Although I am having all these inspirational and pleasant thoughts, I am also a little disturbed by the seemingly poor direction of the makets and IBD's announcent that the market rally is all but dead. Mr Market, I'm not sure I trust IBD's opinion anymore. In fact, I would bet that William Oneil is a Montreal Canadiens fan and thinks Canada is superior to the USA.

I know that market direction is a very important factor for the canslim way of trading to work, but what about your style of trading? I would really appreciate your views on market direction and how important it is for your style of fundemantal trading to be successful. Any thoughts from your greatness would be appreciated.

Thanks $$$Mr Market$$$!!!

I don't know how to time the market so I don't try to time the market. I only know how to beat the market. Since, in the long run, the market always goes up, I always stay invested.

[Websman]

I like the way you think!
That defintely goes against the anal-lysts. As a matter of fact, I got scared out of a couple of positions by IBD on the last down turn and took a loss. If I would have waited a couple more weeks, I would have made money. Go figure.

[paulheels]

Mr.Market

where do you find the 12 month revenue growth?? does IBD have it or msn?? thanks

[mrmarket]

Mr.Market

where do you find the 12 month revenue growth?? does IBD have it or msn?? thanks

This data is available in almost any internet site on business finance (Yahoo, Quicken, MSN, etc).

[paulheels]

thanks, i found it last night a little after i wrote the post. thanks again.

[yaoyao]

You still own a couple of stocks that were purchased in 2002. Have you consider selling them? What if fundamentals of the company are not as good as before? Do you still keep track these or just focus on the stocks that passes your model?

Thanks.

[mrmarket]

You still own a couple of stocks that were purchased in 2002. Have you consider selling them? What if fundamentals of the company are not as good as before? Do you still keep track these or just focus on the stocks that passes your model?

Thanks.

Of course I keep track of them and I think their prospects are good, otherwise I would sell them.

[mltlawn]

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up. :roll:

[mrmarket]

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up. :roll:


BEL posts are still here...look harder. Obviously you are focusing on the few that go down, not the many that have gone up. Your observations do not reflect what is really happening.

[stocks54]

In last couple of months I purchased few old stocks from Mr. Markets pending list. Includes WSB, PTSI, CHKE....holding on to BEL if I am able to take out money from other stocks I might buy some more BEL.....It's matter of time...

Thank you Mr. Market for great picks and sharing with us......

Regards,

[Websman]

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up. :roll:


BEL posts are still here...look harder. Obviously you are focusing on the few that go down, not the many that have gone up. Your observations do not reflect what is really happening.

Mr Market is the best stock picker on the planet, but he cannot have a complete 100% success rate. If he could do that, we would be calling him the Lord thy God!
All you have to do is take an objective look at his success rate and you will see that he picks many more winners than losers. I have never seen Mr Market stick a gun to anybodys head and tell them that they have to buy a certain stock. And the best part of all is, Mr Market has never charged anyone to follow his trades. Everything he does is completely free for all to see. How much better can you get!
Every stock that I buy is my ultimate choice and if I lose money, it's my problem not Mr Markets or anyone elses.

Sorry Mr Market, I know you can stick up for yourself, but I just couldn't sit by and watch some whiner bash you like that. I guess I just love a good fight. :twisted:

[RL]

Ernie,
I was surprised my pick for May did not make your models top 100
did It miss because of t/a or fundamentals? Usually your picks are also on the top 100 IBD, although I realize this dose not determine your winner.
however ASI has moved to 17th on the IBD 100 since I had picked It. Hope you can give me an answer on this so I may be able to refine my DART THROW. Maybe I just need more practice or less Molsons Canadian[the sex beer] Thanks for everything you give the members on this sight.

MR MARKET IS HUUUUUUUUUUUUUUGGGGGEEEEEE

[Jazzlovr03]

Hey Ernie, I am having a difficult time finding the screens you use on your picks, I am an IBD subscriber, so I can find those easily but I can't seem to to find a site with the others. Do you use software? Also, what is R squared?

Roy

[mrmarket]

Hey Ernie, I am having a difficult time finding the screens you use on your picks, I am an IBD subscriber, so I can find those easily but I can't seem to to find a site with the others. Do you use software? Also, what is R squared?

Roy

Karel has, in this forum, listed all of the screens required to run my model. The only software I use is an Excel spreadsheet.

R-squared is a measure of "best fit" of data points to a straight line drawn through them. The closer the R-Squared number is to 1.0, the closer the data is to an actual straight line.

[Calvin]

Ernie,
I'm pretty familiar with Excel, but I've never seen where regression can be done with it directly. Did you poke in the formulas, and if so, what did you use and how do you enter the data?

[mrmarket]

Ernie,
I'm pretty familiar with Excel, but I've never seen where regression can be done with it directly. Did you poke in the formulas, and if so, what did you use and how do you enter the data?

Try the RSQ function over whatever 2 ranges of data you want to run the regression for.

[stocks54]

Mr.Market,

I have been reading conflicting articles reading the influence of increase in rate by fed on small and medium sized bank - What do you make of any increase in rate to WSB? Currently it's my biggest holding....

Thank you for great picks and sharing with us.

Regards,

[mrmarket]

Mr.Market,

I have been reading conflicting articles reading the influence of increase in rate by fed on small and medium sized bank - What do you make of any increase in rate to WSB? Currently it's my biggest holding....

Thank you for great picks and sharing with us.

Regards,

Last time the fed raised rates, banks such as WSB were impacted negatively because their margin spread was negatively impacted.

This time, inflation is still very low. Any increase in the Feds fund rate should be a pass through this time. If you look closer, you'll realize that the threat of increased interest rates is actually a good thing. The Fed will raise rates because the economy has heated up. A stronger economy will greatly improve banking commerce.

[stocks54]

Makes sense. I am sure the bank would also adjust thier commercial side of business to take advantage to booming economy....

Thank You Mr. Market

[steve_mg_05]

Hi Folks,
any thoughts on OFG ........... going forward ?

Steve :shock:

[Websman]

Hi Folks,
any thoughts on OFG ........... going forward ?

Steve :shock:

I believe it'll go up when the market goes up. In the mean time, I'll just have to hang on to it. It's not a loss till it's sold and I didn't put every thing I have into it, so I'm holding.

[Websman]

Mr Market,
I had made a profound observation and have a question to ask your greatness about it.

Why must people on other forums make cruel, personal attacks against more successful people, especially when these same people use a screen name that implies that they know the path to heaven? Does this not seem a bit hypocritical?

Isn't it good to have a forum like this one where everyone is friendly towards each other and is willing to help one another. Thanks once again for a great place to learn trading!

[mrmarket]

Mr Market,
I had made a profound observation and have a question to ask your greatness about it.

Why must people on other forums make cruel, personal attacks against more successful people, especially when these same people use a screen name that implies that they know the path to heaven? Does this not seem a bit hypocritical?

Isn't it good to have a forum like this one where everyone is friendly towards each other and is willing to help one another. Thanks once again for a great place to learn trading!

The answer is:

People who are successful with their investing are quick to congratulate others who are successful (e.g. high five brudda!).

People who do poorly investing are bitter, envious, cynical and unhappy. As a result, their remarks on investment forums reveal, better than anything else, how well they have done with their investments.

[jiesen]

truer words were never spoken, $$MM.

[Jaws57]

No personal attacks
No flaming
No politics
No stock bashing
No whining
No Crybabies

Just pure stock analysis without the "anal".
Just like minded people helping each other!!!

I love this board

MMarket is huge!!!!!!!!!!!!!!

Jaws57

[mrmarket]

No personal attacks
No flaming
No politics
No stock bashing
No whining
No Crybabies

Just pure stock analysis without the "anal".
Just like minded people helping each other!!!

I love this board

MMarket is huge!!!!!!!!!!!!!!

Jaws57

That's what happens when you have a HUGE guy running the show. The cowardly cynics are afraid to post lest I crush their heads like a grape.

[Websman]

That's what happens when you have a HUGE guy running the show. The cowardly cynics are afraid to post lest I crush their heads like a grape.

Are you sure you've never played in the NHL???

[Websman]

Mr Market...

I want to commend you for a statement you made on another board.

A comment was made about you talking like Warren Buffet, in which you replied, "Please don't insult me by associating me with Warren Buffet. Ask Warren why he left his wife for his mistress. Ask him how many Little League games he saw his kids play in. If you ask me, he is tremendously unimpressive."

I was extremely impressed with your comments. This shows how huge you really are. You obviously have your priorities in the right place. Keep up the good work!

[mrmarket]

Mr Market...

I want to commend you for a statement you made on another board.

A comment was made about you talking like Warren Buffet, in which you replied, "Please don't insult me by associating me with Warren Buffet. Ask Warren why he left his wife for his mistress. Ask him how many Little League games he saw his kids play in. If you ask me, he is tremendously unimpressive."

I was extremely impressed with your comments. This shows how huge you really are. You obviously have your priorities in the right place. Keep up the good work!

Thanks Webhead, although I really thought I was just stating the obvious. I think it's pathetic when common folk grovel after people simply because they are wealthy, when in reality, it doesn't take any money at all to buy character. They may be, in reality, idolizing people who aren't worth the fart that they just left at Taco Bell. It just depends how you define "worth", doesn't it?

When my kids do something that makes me proud, I don't give them 20 bucks. I give them a hug. I think more people should try that, then we will have fewer people thinking that they want to grow up to be like Warren Buffett.

[Tsevni98]

I am back on board with the $$$Mr. Market$$$ Model.

Seems every time I stray away from Mr. Market I end up overtrading my account and getting burned in the long run.

Meanwhile with time Mr. Market just keeps trading winners.

You know what the key to Mr. Market is? PATIENCE. For now on if I get bored with my account and have an itch to make a day trade, I will either go for a walk, add capital to my account and double down on some more of Mr. Markets picks, or take a drive to the casino.

Ok enough venting. now for my question....

I am sure it has been asked before, are your commisions factored into your buy and sell prices? Or is your return really 14%

Thanks and I will never betray your hugeness again

TSEVNI

[mrmarket]

I am back on board with the $$$Mr. Market$$$ Model.

Seems every time I stray away from Mr. Market I end up overtrading my account and getting burned in the long run.

Meanwhile with time Mr. Market just keeps trading winners.

You know what the key to Mr. Market is? PATIENCE. For now on if I get bored with my account and have an itch to make a day trade, I will either go for a walk, add capital to my account and double down on some more of Mr. Markets picks, or take a drive to the casino.

Ok enough venting. now for my question....

I am sure it has been asked before, are your commisions factored into your buy and sell prices? Or is your return really 14%

Thanks and I will never betray your hugeness again

TSEVNI

Commissions ARE factored in, but I pay very low commissions relative to the total dollar value of my transactions.

[stocks54]

Mr. Market,

What other stocks do you have in your "Buy and Die" portfolio.

Regards,

[mrmarket]

Mr. Market,

What other stocks do you have in your "Buy and Die" portfolio.

Regards,

This isn't really relevant to this forum...suffice it to say that it's the usual suspects.

[stocks54]

Thanks...

[Tsevni98]

What do you think Ernie. have you analized BEL earnings yet? Not good. Is this an example of when you take a loss?

I saw it was a Canadian company and took it off my radar. I have been burned enough by the canadian run companies.

thanks TSEVNI

[Michaelk005]

Theres been 1000's of more American companies gone down the toilet then Canadian.. But NT is a big one.

[mrmarket]

What do you think Ernie. have you analized BEL earnings yet? Not good. Is this an example of when you take a loss?

I saw it was a Canadian company and took it off my radar. I have been burned enough by the canadian run companies.

thanks TSEVNI

It's a bet. If they grow their business to capacity, they will have lots and lots of cash. As long as the economy remains strong, there will be more companies willing to spend money on environmental cleanup. BEL has the infrastructure in place to make lots of money. I'm still holding.

[jiesen]

well, it's tanked about as far as I think it can... no matter how bad they make this contract ambiguity sound, I don't think it'll make BEL fail. I'm sure someone else needs their dirt cleaned up, too. At 6.7 I'm doubling up my bet. It can't get any cheaper than this, IMO.

[mrmarket]

well, it's tanked about as far as I think it can... no matter how bad they make this contract ambiguity sound, I don't think it'll make BEL fail. I'm sure someone else needs their dirt cleaned up, too. At 6.7 I'm doubling up my bet. It can't get any cheaper than this, IMO.

I make a habit of never averaging down, no matter how tempting...it's a diversification discipline of mine.

All of the indications are that the Bellhune plant will be up and running on schedule. It was the hype surrounding this uncertainty that first started to pound this stock.

Like you said, the P/E is pretty darn cheap..this stock has been taking a beating on news, not necessarily based on any fundamentals.

[Tsevni98]

Looking at BEL earnings PR the CEO is on the record saying that next quarters earnings will be the same as last year of .29. That would be a nice improvement and could make BEL Salvagable for you.

[Websman]

Mr Market, how did you get to be so huge?

You you born huge or what?

Just wondering...

[mrmarket]

Mr Market, how did you get to be so huge?

You you born huge or what?

Just wondering...

lift weights..eat protein...a can't miss formula

[billyjoe]

Mr. Market,
I lift weights, ruin my joints, eat protein, and gain fat, a losing combination.
billyjoe

[Websman]

I'm in excellent physical conditon. Being physically fit is important for mental health as well as physical health. I look great for a young man of 39!

I don't lift weights though...can't win them all.

[mrmarket]

bump..for new discussion