marketcreeper

Scott Funzelo

Real Money Earned: $1.98
Location: Boston, MA
Member Since: 3/10/08
Portfolio Total:$862,171.29

Stock Analysis: 4

Portfolio Start Date10/27/08
Annualized Return:-14.6%
Total Return:-13.8%

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Stock Pick by Scott Funzelo

QID: Wait for 95 then short

Start trading QID with real money!

Rate Analysis

2 ratings

Posted 390 days ago on 10/27/08

Market call:QID will go UP
Target: $95.00 on 11/27/08
Current: $21.37 (-75.66% from time of market call)
Close: $60.20 (-31.44%)
on 1/22/09

Last hi of 93 was on Friday Morning. I wouldn't be suprised to see 100. It looks very likely the DJIA challenges the intraday lows set on the 8th I believe. I don't doubt the dow goes below 8000 which should send QID above 95. Maybe you split the difference and short @97. 95 works for me, I have my limit orders in. I will probably look to cover @ 85-75. My target is for 1 week if not 2-3 days.

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Comments

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Scott Funzelo

Posted 11/5/2008, 10:32 pm

I thot it was still in the downward trend. But as you put it it was actually building a bubble... But, here we go again. Thanks for the fair rating.

Eric Mcclary

Posted 10/31/2008, 12:36 pm

Overall you are telling the right story, however the 2-3 day thing was not a good move since the market's downturn was obviously creating a bubble, where it simply moved down too fast. Now it is worth 65 instead of 95. You have the right idea, the timeframe was just too ambitious. That is probabley why you got the bad rating, I gave you three stars for the effort and realising that the market's downturn is not over. By the way, I absolutely love your profile picture, very in the season.

Scott Funzelo

Posted 10/28/2008, 12:29 am

Aw, a one rating. Thank you anonymous critic.

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