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Strategies & Market Trends
Dave Gore's Trades That Make Sense
An SI Board Since December 2001
Posts SubjectMarks Bans
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Emcee:  Dave Gore Type:  Unmoderated
THREAD HONOR > > : FORBES MAGAZINE "Top 10" Stock Message Board On The Net (March 2002)
forbes.com

NOTE: Please read disclaimer at the bottom of the page

INTRODUCTION
What's this thread about? Simple this -- sound advice, hopefully honesty and integrity, lively discussions, and sensible stock picks (from microcap to large cap). We primarily seek out stocks of fundamentally sound companies, with sound current fundamentals and excellent future potential, then attempt to buy them for the short or long term at an excellent entry point. We recognize that some require long term holds to reach full potential and others are too risky to even hold overnight.

OVERRIDING PHILOSOPHY
I am more convinced than ever that the best way to be successful is to BUY QUALITY STOCKS AT THE RIGHT ENTRY POINT. In other words, maximize reward and minimize risk.

"Quality stocks" are those that have reasonable PE's, PEG's and Price to Sales, fundamentals and a good track record. The "right entry point" is best accomplished based on chartwork, news analysis, fundamentals and the patience to wait for the Reward to Risk to turn strongly in your favor. Reading the psychology of the Market (i.e. the Fear/Greed ratio) is also critical as an overly negative or euphoric market can overshadow T/A or even fundamentals for a time.

OUR CURRENT TRADING APPROACH
In 2002 the name of the game for me has been ODOD's or ODOW's (Oversold Disasters Of (the) Day or Week). In this market traders often will "over-sell" a stock. It may be due to unfounded rumors or some news that, while not good, is greeted with selling that begets more selling. Eventually enough is enough and it becomes a great Reward/Risk if timed right and carefully chosen. Of course, stocks in a sound industry with solid fundamentals are the best "play".

Of course, we realize that we cannot always win, but try to limit short term pick losses to a 1-3% loss (more leeway on long term holds, of course). We try to maximize gains on winners if fundamentals and the overall market remains favorable. Not many bought the above stocks at the low and sold at the high, but at least we identified them as good R/R plays.

NOT TIED TO TECHNOLOGY
We love technology like the next guy, but we need to pay careful attention to sector rotation. We rule out no sector, so we track various indexes and try to identify the strongest "best buy" candidates in each. Technology may not be the best place in 2002, so it pays to diverisfy and expand our watchlist. This includes a mix of microcap and low-priced Nasdaq stock, for the more risk averse.

****

STOCK CONTEST #4 STARTS SOON
Prizes again from my landscape photo website. For those of you who do not know, "Dave Gore" is my SI pen name and Robert Krause my actual name, so don't get confused when you visit naturescapes-gallery.com

OUR LANDSCAPE PHOTO WEBSITE (and free 8 x 10" offer for anyone)
The winner and runner-up get original signed, photo art from our gallery at naturescapes-gallery.com

I've won many photo awards. Please stop by if you love nature, hiking, and the outdoors, especially if you need a little mental break. Donations from a percentage of sales are made to the World Wildlife Fund (http://www.wwf.org) BTW- SI members receive a 20% discount, except during major sales.

MOST POPULAR PRINTS
Message 17243939

FINANCIAL SITES WORTH CHECKING OUT (FWIW)
Message 17240647

Happy Trading!

Disclaimer ---- this thread is intended primarily for discussion and sharing of ideas that hopefully will help us all to become more successful investors and traders. No one is thought to be giving insider information or to be licensed professional. The information presented by me, while believed to be accurate, is not guaranteed. No trade suggestions or strategies are ever guaranteed to be successful. It is strongly advised that everyone do their own verification and due diligence before making any investment decisions or employing any investment techniques mentioned here. The best philosophy is to trust no one on any message board. If you do so, it is at your own risk.

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ReplyMessage PreviewFromRecsPosted
16631Mr. Krause, The Seattle RE market sucks and will suck like most others for at lJane4IceCream-1/13/2011
16630Okay Krause, when are you coming back here?? LOL JaneJane4IceCream-10/18/2008
16629Hi Dave! Hope youre doing well! JaneJane4IceCream-3/2/2006
16628Hope you have been doing well, Bruce...I was trying to dig up the list from IBD im a survivor-8/9/2004
16627Penny pinchers unite! -g Subject 54953Trumptown-5/17/2004
16626<EASI> Engineered Support to Present on February 2, 2004 at Thomas Weisel Frederick Langford-1/28/2004
16625Giddy Up Message 19731500 NEOEVENT HORIZON III-1/25/2004
16624Fred, I am still with you in EASI in one account. Merry Christmas, BruceBruce A. Brotnov-12/24/2003
16623EASI Engineered Support Receives $26.7 Million Order for Environmental Control UFrederick Langford-12/23/2003
16622KG4 - I am mostly waiting for a technical buy for JCOM to break down trend and gBruce A. Brotnov-12/15/2003
16621Thanks! Some of those I do follow closely. Most interesting.Bridge Player-12/12/2003
16620INVESTOR'S GUIDE 2004 The Top Picks From 50 Great Investors By Yuval RosenFrederick Langford-12/12/2003
16619Strange. I just tried it again and got a screen saying at the top, that access wBridge Player-12/12/2003
16618I'm not a subscriber and I got quick, one click access.....im a survivor-12/11/2003
16617Fred, that link is subscriber only. Not much help.Bridge Player-12/11/2003
16616Fun Chart Fortune.com Top 50 picks for 2004: fortune.com FredFrederick Langford-12/11/2003
16615What price are you looking for JCOM to settle down at and become a safe buy....yim a survivor-12/11/2003
16614Bot some trading shares @ 54.30 last week, sold 1/2 @ 60 yesterday and the otherFrederick Langford-12/10/2003
16613EASI Seems to have a habit of a major jump everytime they beat estimates. Nice gBruce A. Brotnov-12/10/2003
16612Probably ought to wait for JCOM to break down trend as it still has nearly 5 M sBruce A. Brotnov-12/10/2003
16611I am getting tempted to add some jcom...think we will see $20? Think it is a solim a survivor-12/10/2003
16610EASI Engineered Support Posts Record Fourth Quarter and Fiscal 2003 Results; InFrederick Langford-12/9/2003
16609Poormans has a decent rating of 6 and it is still trying to consolidate and breaBruce A. Brotnov-12/3/2003
16608Hope U had a good Turkey Day...whats your take on JCOM...has it hit a wall and tim a survivor-12/3/2003
16607I'm not quite ready for JCOM yet although it is still trying to show a bottoBruce A. Brotnov-11/14/2003
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