UPDATE:I-BOX picks : Relifted for new Qtr :
.Cleaning-up : Positions to close on Monday 2 April 2007 :
PRMS : to close position
UCSY : to close position - reason : No Strong Technicals
TEGR : to close position - reason : No strong Technicals in near term
INXR : to close position - reason : Broken Technicals
NVMG : to close position - reason : no strong Technicals + to be swapped with WRNW in the same sector
CHNW : to close position to lock GAIN - we may reopen position at next break-out
.New pick on monday 2 April :
WRNW : to Open position at Open Market - 'UNDERVALUED' list . WRNW is another stock followed by 'lowman', and this one seems to have more potential (in pps term) than NVMG in the same sector.
CLRT : to Open position at Open Market - 'LOW risk' list (new list)
DANS : to Open position at Open Market - 'The 50 dma support PLAY' List (new list)
NTTL : to Open position at Open Market - 'The 50 dma support PLAY' List (new list)
.Here is the snapshot of the first Trimestre and Read the i-box Review (mistakes & changes) by moderator to improve performance.
.GREEN current pps / return% / highest point
cavr 0,011 +22%
prpm 0,09 +63%
dtek 0,028 +86%
chnw 0,001 +233%
bhwf 0,015 +15% / +215%
bztg 0,017 +21% / +235%
.in RED current pps / return%
anwm 0,032 -9%
imot 0,254 -15%
wnyn 0,023 -15%
ucoi 0,0074 -20%
tegr 0,26 -24% (closing)
ucsy 0,0016 -34% (closing)
inxr 0,0011 -35% (closing)
nvmg 0,0085 -40% (closing)
rgno 0,0335 -47%
rsds 0,001 -82%
pmrs 0,0004 -90% (closing)
.Closed position / entry price / exit point / highest point
FRPT 17,2 +3,4% / +33%
INXR (first take) 0,0006 +33% / +83%
OPBL 3,98 +48,5% / +116%
FCCN 0,00235 -47% / +155 @,06
SFWJ 0,064 -52% / +56% @ 1,0
PMRS (first take) 0,21 -45%
Moderator review :
The first Qtr comes to an end.
Let's do a review of mistakes and make changes to improve the quality of i-box picks .
The mistakes :
first of All, the i-box picks at the time of the pick have given good opportunities to take
very nice profit with many selected stocks. BUT afterwards, many of those have decreased significantly in pps .
All this was avoidable if we had to stick strictely with the Technicals (the chart). The general Rule is once the
50 dma (50 days Moving average support Line) is threathened , we should monitor it closely and be ready for a good exit to preserve gain/capital.
This is SIPMLE and ALWAYS WORKS!
To illustrate many examples of i-box mistakes i'm talking about:
BZTG (still open) : max gain +235% . now 21% .
BHWF (still open) : max gain +215% . now 15%
CHNW (still open but will be close on next trading day) : max gain +400% . now 233%
SFWJ : (closed) : max gain +56% . ended with -56%
FCCN : (closed) : max gain +155% . ended with -47%
OPBL : (closed) : max gain +116% . ended with +48.5%
I think those figures speak by themself.
the Changes now :
A)The secondary stocks list : 'ALTERNATIVE' list , will be removed , because i can no more follow it by lack of time .
So better to remove it, but those stocks are kept on watch like many stock discussed on BOARD.
B)As i mention above in 'Mistakes' point, i will try to pick up mostly stocks with strong technicals or
go bottom fishing. And I will not hesitate to kick out quickly the broken technicals stock i.e. INXR asap on next trading day to preserve capital or Lock gain i.e. CHNW asap on next trading day.
For BZTG and BHWF : it's too late, so we still keep it at this level, as at this level it looks to me like a go bottom fishing.
C) 2 new picks list are created :
.'LOW risk' List :
A stocks list with a very sound fundamentals that makes the medium-term look like blue sky .
And i know my assistant Geo is very good at it.
We start the list with:
-CLRT (to open on next trading days)
.'The 50 dma support PLAY' List :
A stocks list from divers categories, BUT a common point : they have had a recent momo and present a sound potential in pps . BUT these
need to be followed closely , as long as it stays above the 50dma, we hold very good winners and in the opposite , we just need to put in place a SELL trigger once these stocks break the 50 dma line support.
We start the list with:
-IMOT (Open)
-NTTL (to open on next trading days)
-DANS (to open on next trading days)
Let's go smarter for the next Qtr.
Any suggestions are welcome.
The reason I need Good DD's :
