JoeJustJoe's Blog : Bold purrdickshuns for weekend news :o

JJJ

We'd had our differences and will continue to do so...but I give you kudos for coming out and making predictions. There are cowards on this site who are afraid to do so.

Sheeeyit...I'm sho that by now even you are beginning to realize that I am in fackt >>> "back from the future" ...Can you come up with any udder essplanation of why the markets always seem to do eggZack'sly what I tell em to do? :o Soooo, making purrdickshuns is eeeeezeeee whenst you have a "time machine" .....alright already Boo, quit wit da barkin! ....AND a stock pickin dawg besides....named Boo. I still ssssthink mo fokes who are looking to improve "SIMage" should use my rule #3, which Rimm-me has so "obviously" purrfected. It true that those who cheat to win STILL won't be able to beat me in the end. But what can I say without risking the possibilty of losing my humble n lovable demeanor that everyone at this fine establishment has grown so fond of? I'm just trying to help make the game fair for everyone... until "the chosen one" who Mack said wuz being sent to compete agin me arrives. Now ifn you'll excuse me...I still gots more panicing to do in after hours trading. "Luckily" for me the markets in Mimm-Bobbway are still open :o 3J

Why make perdictions at all Mighty Mo? You are wrong half the time with your predictions which renders them worthless anyway so why try to outguess the market when it costs you more to attempt to do so? At least with 3J he is wrong most of the time, which actually makes his predictions more valuable than yours ;-) I kid, but my intention is to help you to be a better trader.

JJJ has an accuracy of over 61%, who told you that he is wrong most of the time.

Accrucy isn't really an impotent stat....neithr are point totals. The ONLY stat that matters in this purrtickler game is % per pick. You can have high accrucy and still lose $$$ ifn yer ave pick score isn't at least 2.01%. Take an ave inbesment of $1000 and consider commission costs. Ifn you are only generating say 2% per pick that means a $1000 inbestment returns $1020 dollahs. You have a "minimal" commish cost of $10 dollahs in...$10 dollahs out.....soooo, you are basically going nowherst ifn you are generating 2% per trade. Ifn you want to judge the "effectiveness" of the playas at this site simply look at closed/open picks to determine ifn they were predominantly bullish during this "greatest 1 year run in the history of man" ....Ifn they have been overwhelmingly bullish (long) and thur ave pick score isn't at least 4% I consider them poor stock pickers. Ifn thur ave pick score is belowst 2% they shouldn't even be trading. *-) You can paruse the results o'the playas on the foist page o'the leaderbored to see how insignificant point totals and accrucy is. The leaders at this purrticular game missed the boat...BIG time. And of course the playas who cheated for the sake of "SIMage" don't even count as fer as I'm concernt...unless they spew sumphin o'significance....which most playas at this site do not do *-) BTW, and not to toot my own horn but...ahhhh, what to heyell...lemme toot my own horn ...REEEE-CO-LAAAAH!! ....thanks, that always makes me feel better. Anyhoo, ifn you noticed I netted a 1000 point gain and appx a .35% per pick gain this past week even tho the SPX closed higher fo the week. Thaaas cuz I am positioned better than NE1 else at this site fo "current" market conditions. Doan be sooprised to see me on page 1 o'the leaderbored befo this week is out..."ifn" thangs go as planned. I will also be the foist playa to acheive 10000 points, 70%+ accrucy, and double diggie per pick scores. I can actually leave this site right cheeeya right now and not do a thang fer 6 to 12 mumphs....not make anudder pick atall...and that will STILL happen. Do I "know" sumphin nobody else heeeeya knows? Well >>> Duuuuh! :o 3J

Yea, JJJ has a 61% accuracy and the last time I look I was over 65%... and over 90% of my recorded stock picks on my own site..
.....where did this guy JoeCole get his information on making the errorous comment about predictions.?.. If someone is going to make negative comments about another, at least get your facts and stats correct.. that's all I ask.

Ahhhh, doan git yer panties all in a bunch. Ifn you look at CJC's results...he has been predominantly long and his numbas are even werser than yers and "almost" as bad as mine! :o An ave pick score of sumphin like .20%?!!....now THAT's tuff to accomplish being predominantly long in a raging bull market. :-) 3J

Average pick score is meaningless. It will vary a lot between short term traders and buy and hols types. What you should be looking at is the annual return, that is a little bit more meaningful.

Well, you can go to page 3 o'the leaderbored and sssplain Nomadamon's annual return then. I'm sho most annual return scores aren't even valid. Mack has a positive per pick score and a negative annual return. You kin sssplain that'n whilst yer at it too. Long term playas who haven't made a pick since 2008 have seen thur ave pick scores rise dramatically...as it should. Likewise, "traders".... like "that other game participant" have seen thur ave pick scores steadily decrease becuz they have concentrated thur efferts on stocks with little or no upside and then held into the inevitable selloff too long. Ave pick score is the ONLY stat that matters right cheeeya at this fine establisment. *-) 3J