Stock Sale- Whatcha Buying

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Jun 21, 2006 5:18 am

Ugh, thanks for the compliment there Malcolm.  Let's see, the market started heading down around the second and third week of May and we're in the 3 week of June.  When would have....no let me rephrase, when did you get your clients in Malcolm?  Just curious.  You might want to check the loads on BEARX by the way.  What I read was none. 

I guess what I was trying to say is that I do my own stock research and stay away from large cap(most of the time) loaded funds, and SMA's.  I don't try to "sell" stocks to clients.  If they don't want to follow my lead I just ask them what they want to buy or sell.  I hope that splainin helps Malcolm.

Jun 21, 2006 1:46 pm

I also do all my own analysis dog.  I also use virtually no MFDs and SMAs.  I manage discretionary tactical fee based accounts and I use technical analysis.   Youre right on the BEARX.  I see it is no load.  I've never bought it.  Thanks for pointing that out. 

As far as shorting goes.  I have been short certain sectors for five months such as XHB.  I also started shorting the small cap index as interest rates started rising several months ago.  I am short a number of individual stocks as apposed to sectors also.  Some in the housing sector and also FNM.  I began shorting the broad market  when IWM broke its trend line.  You can figure out when that was in about 10 seconds.  That is when I would have bought BEARX.  

Just be careful.  If the fed signals a potential pause on Monay we could have a big rally.  If the S&P bounces off 1220, we will have a big rally.  My point is, you missed the meat of the drop and your risk now is significant in something like BEARX where you cannot micromanage the individual position.  Best of luck 

Jun 21, 2006 11:28 pm

Very good Malcolm.  You may actually know what you are talking about.   Keep up the study in technical analysis.

Jun 22, 2006 4:39 pm

Anybody know anything about the SEC’s attitude towards registered
representatives who are offering investment advice in a public forum?



Suitability issues and all that.




Jun 22, 2006 5:05 pm

Broker to broker shouldn’t be an issue?  

Jun 22, 2006 5:36 pm

[quote=Ready2Jump]Broker to broker shouldn’t be an issue?  

[/quote]



Am I a broker?



The point is this.  The NASD and the SEC are busily persuing
registered reps who discuss the relative value of investments in public
forums.



What is happening on this thread is against SEC regulations plain and simple.

Jun 22, 2006 7:37 pm

If you’re not a broker, why are you infringing on a “broker forum”? 

You are not my client, how can I be responsible for you if you get
advice from a bulletin board.  If someone overhears me discuss a
stock in a public restaurant, am I now responsible for them?  Do
you work for TD Waterhouse? 


Jun 22, 2006 8:02 pm

[quote=Ready2Jump]If you’re not a broker, why are you infringing on a “broker forum”? 

You are not my client, how can I be responsible for you if you get
advice from a bulletin board.  If someone overhears me discuss a
stock in a public restaurant, am I now responsible for them?  Do
you work for TD Waterhouse? 


[/quote]



The internet is an open environment.  If a registered
representative talks about specific stocks on the internet is may be
construed as being a form of communication that should be accompanied
by a prospectus and disclaimers.



You might want to check with NASD R to determine what they think before
you shoot off your mouth about a stock in any public forum.



There is a difference between overhearing you telling a client about a
stock, and speaking in such a way as you hope to be overheard.



It is because this forum appears to be a “for brokers only” environment
that even more care must be exercised.  There could be a great
many people reading what is said in this forum who would make the
mistake that most of the posters actually know what they’re talking
about.

Jun 22, 2006 11:35 pm

NASD, you are right. 

Jun 23, 2006 4:01 am

[quote=NASD Newbie] [quote=Ready2Jump]Broker to broker shouldn't be an issue?  
[/quote]

Am I a broker?

The point is this.  The NASD and the SEC are busily persuing registered reps who discuss the relative value of investments in public forums.

What is happening on this thread is against SEC regulations plain and simple.[/quote]

No, you're not a broker...just another permutation of an old poster.  Nice touch with the misspelled word...I almost doubted your origin...

Jun 23, 2006 1:03 pm

[quote=NASD Newbie] [quote=Ready2Jump]Broker to broker shouldn’t be an issue?  
[/quote]

Am I a broker?

The point is this.  The NASD and the SEC are busily persuing registered reps who discuss the relative value of investments in public forums.

What is happening on this thread is against SEC regulations plain and simple.
[/quote] GO AWAY!!

Jun 23, 2006 1:21 pm

[quote=Revealer][quote=NASD Newbie] [quote=Ready2Jump]Broker to broker shouldn't be an issue?  
[/quote]

Am I a broker?

The point is this.  The NASD and the SEC are busily persuing registered reps who discuss the relative value of investments in public forums.

What is happening on this thread is against SEC regulations plain and simple.
[/quote] GO AWAY!![/quote]

You know something.  The problem with crime is not criminals.  The crime rate in any city would drop to zero if the criminals were not arrested.

Leading up to the bid for the Olympics in Atlanta the police stopped arresting people.  The thinking was if there are no bookings there is no record of the criime.

It became a civic duty to not report crime.  Radio talk shows featured people saying things like, "We hope to be hosting the world, we cannot have a high crime rate or they won't come here.  Unless you are injured please consider not reporting muggings and rapes.  Unless your losses are significantly larger than your insurance policy's deductible please consider not reporting a burglary."

At the time Atlanta was chosen by the Olympic committee the crime rate was significantly lower than it had been before, or would be again.

The problem with talking about stocks in a public forum is not the person who reminds you that what you're doing is against SEC regulations.

SEC and NASD regulations require "For Internal Use Only" to appear on a lot of documents, including any discussion of the relative value of an investment that has not been through an extensive compliance review.

This is a public forum boys and girls, it would be a shame to have the SEC track you down by going through your ISP addresses.

Jun 23, 2006 1:29 pm

[quote=NASD Newbie]

[quote=Revealer][quote=NASD Newbie] [quote=Ready2Jump]Broker to broker shouldn't be an issue?  
[/quote]

Am I a broker?

The point is this.  The NASD and the SEC are busily persuing registered reps who discuss the relative value of investments in public forums.

What is happening on this thread is against SEC regulations plain and simple.
[/quote] GO AWAY!![/quote]

You know something.  The problem with crime is not criminals.  The crime rate in any city would drop to zero if the criminals were not arrested.

Leading up to the bid for the Olympics in Atlanta the police stopped arresting people.  The thinking was if there are no bookings there is no record of the criime.

It became a civic duty to not report crime.  Radio talk shows featured people saying things like, "We hope to be hosting the world, we cannot have a high crime rate or they won't come here.  Unless you are injured please consider not reporting muggings and rapes.  Unless your losses are significantly larger than your insurance policy's deductible please consider not reporting a burglary."

At the time Atlanta was chosen by the Olympic committee the crime rate was significantly lower than it had been before, or would be again.

The problem with talking about stocks in a public forum is not the person who reminds you that what you're doing is against SEC regulations.

SEC and NASD regulations require "For Internal Use Only" to appear on a lot of documents, including any discussion of the relative value of an investment that has not been through an extensive compliance review.

This is a public forum boys and girls, it would be a shame to have the SEC track you down by going through your ISP addresses.

[/quote]

Honestly, how many sign on names can Put Trader and BEF come up with.  How sick.

OK, back to stocks.  AHM anyone?

Jun 23, 2006 3:03 pm

[quote=maybeeeeeeee]

OK, back to stocks.  AHM anyone?

[/quote]

Strut your stuff, what do you think of it? Is it a buy, hold, sell?  Why?

Jun 23, 2006 4:38 pm

[quote=maybeeeeeeee]Honestly, how many sign on names can Put Trader and BEF come up with.  How sick.

OK, back to stocks.  AHM anyone?[/quote]

Ummmmm...I hate to spoil your fun, but NASD probably right on this one...we should probably just let this thread die a natural death...

Jun 23, 2006 4:48 pm

[quote=Indyone][quote=maybeeeeeeee]Honestly, how many sign on names can Put Trader and BEF come up with.  How sick.

OK, back to stocks.  AHM anyone?[/quote]

Ummmmm...I hate to spoil your fun, but NASD probably right on this one...we should probably just let this thread die a natural death...

[/quote]

Probably?

Jun 23, 2006 5:34 pm

[quote=NASD Newbie]

[quote=maybeeeeeeee]

OK, back to stocks.  AHM anyone?

[/quote]

Strut your stuff, what do you think of it? Is it a buy, hold, sell?  Why?

[/quote]

Hot tip for you - - the mental ward has revoked your learner's permit.  Oh, and the other patients really are following you and they hate you and they laugh at you all the time.

Now take the hook out of your mouth sucker

Jun 23, 2006 5:49 pm

[quote=maybeeeeeeee][quote=NASD Newbie]

[quote=maybeeeeeeee]

OK, back to stocks.  AHM anyone?

[/quote]

Strut your stuff, what do you think of it? Is it a buy, hold, sell?  Why?

[/quote]

Hot tip for you - - the mental ward has revoked your learner's permit.  Oh, and the other patients really are following you and they hate you and they laugh at you all the time.

Now take the hook out of your mouth sucker

[/quote]

Come on little girl, you're a professional.  Give us an idea of what you think of AHM.  Should we buy it?  Why?

Should we short it?  Why?

This can be a learning experience.  Just make it clear that past performance does not indicate future results.

Jun 25, 2006 6:52 pm

Hey NASD.  Shut the hell up.  You little ole punk-ass.  And before you try to shoot you little mouth off to me let me tell ya a thing.  You don't top me in any area of this business we work in.  Experience, net worth, assets managed, "doubt you ever managed any," gross.  What do you want to talk to me about punk.  Just shut the hell up.  Now we all know why people like you and me come onto a site like this.

Hell, aint it fun being a giant amoung midgets.  I see something stupid posted on here every once in a while and I make a comment.  At least I try to educate.  You on the other hand have a problem. You just incite. Ones got to ask themself why would anyone at this age, at this level of experience, at this point in their life be wasting as much time talking to a bunch of tiny producers instead of playing with the ol grandkids or picking out their next vacation or maby buying a farm or something. 

Don't respond to me because I am leavingtown Tuesday.  I'll be in Punta Gorda motering out through the channels to the sea so I wont bother reading your post.  I do need some help with shoveling manure while I'm gone.  let me know if you can help.  Next time you want to be superman let me give you some more important things to work on also. 

Here goes.  Specialists.  Now isnt it strange a couple weeks ago there were three very large and well known banks whos specialists all threw out 100 shares at intraday highs at the same time.  A little funny don't you think.  And what a strange coincidence that the financials have to rally to get the S&P to rally.  ANd dang can you believe it.  I got stopped out of sever million dollars worth of stock a few months ago when just by coincidence the stock dropped just below it's critical moving average and what do you know it rallyed right back up.  Hell it only dropped on a tiny fraction of shares when the specialists had some funny stuff going on. 

Structured Products.  Now here's a good one.  Tell us all about how these things help the investing public.  Tell us all about the big wire houses and structured products.

Lets talk a little about research.  Good ol fundamental research.  Boy now there's one the investing public can really rely on ey?  No hanky panky every going on over there right? 

Hmm and what ever happened with all the settlement money that was gaurnered by what's-his-name in your wonderful state.  Boy the investing public sure got repayment didnt they? Now just where the heck did all that money go? 

ANd then there is our friend the annuity.  Now that's an area where everyone is on the up and up wouldnt you say ol boy.  There's your homework kid.  When I get back from floating around on the ocean I follow up with you.  Next time someone actually has something usuful to say on here.  Just keep quiet.

And remember.  Your kinda small in my big world.     

Jun 25, 2006 7:10 pm

Hey NASD.  One other thing.  

Please don't go and tell your momma on me alright.