Stock market question

Hi,

Which TV show (example, "Cashin' It In" on the FOX network) or newspaper column in which experts mention specific stocks that they think are going to move, is the best or most accurate?

Thanks in advance for your views and opinions,

- Boyd

Hey, Boyd!

They're all pretty good, in truth. Best show I've found is NPR (National Public Radio) as I get dressed for work. If there's some big story there about a company, I figure the stock will move that day and I have enough warning to issue a 'buy' or 'sell' that will go through by 11 am.

I also look at the day's Upgrades and Downgrades (either on Quicken or Yahoo.) Generally if some big firm is upgrading a stock, you can expect it to go higher for the next few days.

Sadly, it's easier to figure out what to short. My broker (buyandhold) doesn't allow shorting, but if you can afford it, this is a maarket where you can take some good profits in shorts. For example, I'd short Palm right now, since it reported larger than predicted losses last week and has just been downgraded to "neutral."

Not all upgrades and downgrades are equal, I've found out. You can just about take to the bank any recommendation from the big guys. Solomon-Smith-Barney's upgrade recommendations seem to do best for the longest period of time, but this could change if whoever's doing the leading research quits or retires.

I've learned the hard way to NOT take any stock recommendations published in a magazine. The news is too old by the time it gets to you.

Hey-- you might want to look at the Dogs of the Dow (www.dogsofthedow.com) for an interesting investment method.


The Five Minute Mentor

Hi,

I'd like to follow TLC's lead and recommend Mel. White's Five Minute Mentor service.

My recommendation is based on having read probably 95% of the messages Mel. has posted over the years. I'm considering which questions I want to submit to her research service. My recommendation isn't based on "friendship" in any way; I don't consider Mel. one of my friends and I'm sure she doesn't consider me one of hers (she and I have some significan political and philosophical differences).

Anyone who knows me knows I value my honesty and integrity above all my other assets, and I don't give testimonials lightly. (Anyone who knows TLC knows she's like that, too.)

Sincerely,

- Boyd

Hi Boyd,

I've been a regular watcher of most of the financial programs for quite awhile. It's been my experience that most people who profit off of the 'move', after the "expert" mentions the various stocks, are those who are already positioned in the stock and are eager to sell (distribute) to the new buyers who rush in after the 'tip'. Of course, investors who are in for the long haul are not sellers...only those looking for a good opportunity to take some profits and reposition at a better price once the excitement fades.

Something I am having very good luck with is trading QQQ options - calls and/or puts. My broker faxes me a daily chart of the Nasdaq 100 Index... which the QQQ tracks. I moniter the daily numbers which are the support and resistance levels with my data feed... and I also usually hedge my plays...which has been profitable in this often choppy market.

There have been some nice channels to trade up and down in recent weeks... and trading the Q's has provided some really good opportunities to create some nice weekly cash flow if that is of interest to you, rather than long-term investing.

I keep an eye on some of the larger stocks in the Nasdaq 100 index, such as Microsoft, during the day...which also helps my confidence in the direction of my play. It has really been a nice way to trade 100 stocks at once, instead of picking one or two stocks that may be looking good...but then get hit by a sudden 'downgrade' --or other bad news which can quickly turn profits in the trade into losses. Considerable ones...if you aren't able to use a stop loss. The Q's don't move that fast, usually...so losses can be minimized easier than on some other faster moving stocks if the trade moves against you. All of this, of course, is JMHO.

Hope this is helpful to you...
Best Wishes,
Amber

> Hi,

> Which TV show (example, "Cashin' It
> In" on the FOX network) or newspaper
> column in which experts mention specific
> stocks that they think are going to move, is
> the best or most accurate?

> Thanks in advance for your views and
> opinions,

> - Boyd

dno

> Hi Boyd,

> I've been a regular watcher of most of the
> financial programs for quite awhile. It's
> been my experience that most people who
> profit off of the 'move', after the
> "expert" mentions the various
> stocks, are those who are already positioned
> in the stock and are eager to sell
> (distribute) to the new buyers who rush in
> after the 'tip'. Of course, investors who
> are in for the long haul are not
> sellers...only those looking for a good
> opportunity to take some profits and
> reposition at a better price once the
> excitement fades.

> Something I am having very good luck with is
> trading QQQ options - calls and/or puts. My
> broker faxes me a daily chart of the Nasdaq
> 100 Index... which the QQQ tracks. I moniter
> the daily numbers which are the support and
> resistance levels with my data feed... and I
> also usually hedge my plays...which has been
> profitable in this often choppy market.

> There have been some nice channels to trade
> up and down in recent weeks... and trading
> the Q's has provided some really good
> opportunities to create some nice weekly
> cash flow if that is of interest to you,
> rather than long-term investing.

> I keep an eye on some of the larger stocks
> in the Nasdaq 100 index, such as Microsoft,
> during the day...which also helps my
> confidence in the direction of my play. It
> has really been a nice way to trade 100
> stocks at once, instead of picking one or
> two stocks that may be looking good...but
> then get hit by a sudden 'downgrade' --or
> other bad news which can quickly turn
> profits in the trade into losses.
> Considerable ones...if you aren't able to
> use a stop loss. The Q's don't move that
> fast, usually...so losses can be minimized
> easier than on some other faster moving
> stocks if the trade moves against you. All
> of this, of course, is JMHO.

> Hope this is helpful to you...
> Best Wishes,
> Amber

DNO mean Do Not Open because the subject heading contains the entire message.

Or something else mighty nice.

And the moral of the story is... don't do web pages when you're not feeling well. ACK! :)




The Five Minute Mentor (with corrected hyperlinks. Bah!)