Austerity Not Slowi...
posted by mm4 on 1 months ago
Someone summed it all up. It is about putting your eggs into pne VERY fragile basket and
hoping for a double or more. Last years winner did just that and got a double plus and
walked with the dough. I have my eye on a few stocks but cannot decide. Until I decide I
am throwing 500k into a couple of strong contenders to outperfrom for a week or 2.
posted by BevHasLeftTheBuilding on 1 months ago
Maybe they should call it the *The Lucky Stock Pickers Game?*
I think it might help me learn to move slowy in and out of positions,and help with my
condition rapid fire buy and sells attributed to having only ever traded online level 2
with 3 second executions, not in just the trade but the fate of the ante.
So I have all day to make a decision in or out and have to wait 24 hours to see how the
trade went. OMG! I might catch slowskittis.
On another topic, snd now that you got me naming names, who thinks we should stop calling
Ben-B *Uncle Ben* and start calling him *Big Ben* on the event of a significant rate
cut and greening up of the market? I just think, however cute it was to put him on a box
of rice, it isn't that cute considering the condition our conditions are in. If we keep
him on that box with the market all messed up, someone may start saying that he isn't a
very *rice guy* because he hasn't sent in the calvary to rescue us damsels of the market
in distress.
LOL. Guess I am a little tired.
GN
Last edited on: 03-06-2007 12:09 am
posted by Cohen on 1 months ago
thats probably the reason but it's frustrating not even allowing ETFs.
posted by Jayman on 1 months ago
i hear ya, i suspect there were technical difficulties with a more realistic game. or
they were interested in getting more of the avg. investor involved.
posted by Cohen on 1 months ago
that's great, but it should resemble reality in some way
posted by Jayman on 1 months ago
it's just a game...and they are backing it up with 1 million dollars.
posted by Cohen on 1 months ago
only CNBC would put together such a poor "challenge"
posted by Dedandgone on 1 months ago
Yup.
posted by Cohen on 1 months ago
so if you bought something at the open, it'll show up in your portfolio the next day at
the day's closing price even though you purchased it at say 10 am?
posted by Dedandgone on 1 months ago
Yup, trades for the CNBC challenge are priced at the day's close so it doesn't matter what
time of day you place them. So all the buys today show up as pending.This iis really
tough with the market uncertainty, but I am glad the dreaded "correction" has gotten
underway.
Bluefish, welcome back; I was wondering where you were! Sorry about the circumstances... I
think your's is a fine strategy in this case; there is such an element of luck in this
very artificial trading situation. And I do not have much luck so that's one more reason
that I won't be in the running. At this point I am trying to deploy a large amount of the
cash in stocks that I think are at not going to go down for one reason or another and
hopefully might go up a little. Then I am hoping for a few activist-type situations to
develop that I can jump on to make my portfolio soar (yeah). Wow a million dollars is a
lotta $$$ when you start trying to spend it.
Dave, I didn't have trouble with the site except playing the videos. I can never get their
videos to play - player launches but that's it.
Last edited on: 03-05-2007 07:51 pm






