06-30-2008
I've been responding to a new batch of questions posed by members of the Stockpickr community on Stockpickr Answers.

Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section. Here are a few questions I've recently answered. (Note: You may have to scroll through several answers to see my response.)

The banks got killed last week. The UltraShort Financials (SKF) ETF moved from 134 on Monday to 150 by Friday. Do you think the banks will continue to go down?

Click here for Altucher's answer to this question.

I'm down 2% on Microsoft (MSFT). Should I sell and take my losses, or are you bullish on MSFT in the next few months?

Same thing with Disney (DIS). I'm down 7% on that stock. Sell of hold?

Click here for Altucher's answer to this question.

For an archive of James Altucher's Stockpickr answers, go to www.stockpickr.com/answers/ and type "James Altucher" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.

At the time of publication, Altucher and/or his fund was long Bank of America, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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