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AVoiceOfReason · 08-02-2005, 06:59 PM

Thanks for the encouragement.

As of today, the account is up 26,128 since inception (2.6% in a little less than a month.) I had to prune out four more picks today, all of which were down more than 8% including MSO and NLY, two stocks that Cramer loves, and will probably recommend again. If so, I'll probably buy them again IF they are mentioned in something other than the lightning round.

In today's features before the lightning round, Cramer talked about oil sands plays in Canada, but I already had in the portfolio some of what he highlighted, so I added none of them. He also likes lasers, and said ELOS was best of breed. It too was already in the portfolio.

I have about 100,000 of the inital stake of one million still in cash, and will add the holdings as I get to see the show and hear him stress a pick. I think I'm largely done with using lightning round picks as the basis for adding to the holdings. I'm already upward of 150 stocks, and it's more of a fair measure of the man if the picks that he elaborates on are the ones I have in here.

Finally, I sold a few shares, but not all, of three holdings because they had run up over 20% in the month. I took some of QSII, ISRG and FOXH (between 25% and 50%) off the table. Cramer stresses taking profits, and for me to ignore that advice would be contra to his thinking.

08-02-2005, 06:59 PM	#42 (permalink)
AVoiceOfReason Psycho Location: Greenwood, Arkansas	Thanks for the encouragement. As of today, the account is up 26,128 since inception (2.6% in a little less than a month.) I had to prune out four more picks today, all of which were down more than 8% including MSO and NLY, two stocks that Cramer loves, and will probably recommend again. If so, I'll probably buy them again IF they are mentioned in something other than the lightning round. In today's features before the lightning round, Cramer talked about oil sands plays in Canada, but I already had in the portfolio some of what he highlighted, so I added none of them. He also likes lasers, and said ELOS was best of breed. It too was already in the portfolio. I have about 100,000 of the inital stake of one million still in cash, and will add the holdings as I get to see the show and hear him stress a pick. I think I'm largely done with using lightning round picks as the basis for adding to the holdings. I'm already upward of 150 stocks, and it's more of a fair measure of the man if the picks that he elaborates on are the ones I have in here. Finally, I sold a few shares, but not all, of three holdings because they had run up over 20% in the month. I took some of QSII, ISRG and FOXH (between 25% and 50%) off the table. Cramer stresses taking profits, and for me to ignore that advice would be contra to his thinking. __________________ AVOR A Voice Of Reason, not necessarily the ONLY one.