Various Investment Stories
2nd Stock Poll Investment Conference Notes
2-5 p.m. March 27, 2004 at Plano Library
By Chris Rao
This is based on personal notes. There must be many discrepancies between what I noted and the researchers' original meaning. So please forgive me for make mistakes in names or opinions.
Twelve investors attended this 2nd Stock Poll Investment Conference. I am very happy with this number of 12 because I like the 12% annual returns.
PENG Xiaohong and his three years old son Max Zhao delivered a wonderful projector to the conference. Since the young Max Zhao has not developed a full appreciation of stock investment, they had to leave early.
TANG Rujing presented three technical research reports. One was about the NASDAQ Composite index. He pointed out the divergence between NASDQ and QQQ in the recent trading period. Max SONG explained that the difference might be due to the influence of Microsoft. Tang also made a prediction of a strong market for NADAQ in the coming weeks. ZHANG Shi agreed with this prediction. Tang also presented technical reports about AMZN and INTC. His analysis was very encouraging. However, Max had some reservation about the validity of the analysis.
DING Cheng works at TI for many years. He has very good insights about the technology stocks.
Peter Deng discussed option straddle. He also suggested two stocks for the conference. One of them is CEF. Central Fund of Canada Limited operates as a specialized investment holding company, investing most of its assets in gold and silver bullion. The stated investment policy of the Company is to maintain a minimum of 90% of its net assets in gold and silver bullion, of which at least 85% must be in physical form. Another one is PTF. Its annual dividend above 11% is very attractive in the current market. Petrofund Energy Trust is a Canadian royalty trust that acquires and manages a balanced portfolio of oil and gas producing properties in Western Canada. Founded in 1988, the Company was created to provide investors with monthly cash distributions through investments in oil and gas-producing assets.
Max Song explained more about the technical and philosophical approach to the stock markets. The stock market has its own physics, or financial physics. There are three forces working at different frequencies in the market. One is the long-term force. One is the monthly or daily force. Another is the force working at minutes or seconds. When the three forces come at the same time, that's when he make a decision call. Seventy or eighty percent of the time, they work out beautifully. His dream is to connect his financial physics machine to the stock market. Then money comes in while he is dreaming bigger things. If you want to catch the essence of the Max financial physics machine, you have to listen to him physically, maybe in our next conference. Besides philosophy and physics, Max also thinks trading large volume stocks is better than trading stocks with low volumes. He mentioned QQQ, GE, and PFE for his model tests andpotentially for future trading.
ZHANG Shi and his wife FU Wei joined our group the first time. Zhang Shi's strength is in option trading. He uses advanced financial models to help making financial decisions. His insights about options trading and stocks in general were very much appreciated by all participants of the conference.
WANG Jihong is a professor in biotechnology. He has some wonderful insights about the market trends. He explained the gaps between vision and execution and ways to minimize the gaps.
Chris Rao presented an overall balanced approach. His work is to find a way to generate an annual 12% over the long-term with a minimum volatility in asset value. While most participants look for annual return of 20% to 40% in the conference, his 12% target seemed conservative.
LIU Song reported his work on sector rotation. In one time he invested in one or two sectors. When he makes enough money, he rotates his investment to other sectors. Max Song agrees with his approach. Max believes this approach can produce good results.
JIANG Yong is a software engineer. He is looking for a way to generate an annual return of 9% to 11%. He has made several good bets in the past several months.
2-5 p.m. March 27, 2004 at Plano Library
By Chris Rao
This is based on personal notes. There must be many discrepancies between what I noted and the researchers' original meaning. So please forgive me for make mistakes in names or opinions.
Twelve investors attended this 2nd Stock Poll Investment Conference. I am very happy with this number of 12 because I like the 12% annual returns.
PENG Xiaohong and his three years old son Max Zhao delivered a wonderful projector to the conference. Since the young Max Zhao has not developed a full appreciation of stock investment, they had to leave early.
TANG Rujing presented three technical research reports. One was about the NASDAQ Composite index. He pointed out the divergence between NASDQ and QQQ in the recent trading period. Max SONG explained that the difference might be due to the influence of Microsoft. Tang also made a prediction of a strong market for NADAQ in the coming weeks. ZHANG Shi agreed with this prediction. Tang also presented technical reports about AMZN and INTC. His analysis was very encouraging. However, Max had some reservation about the validity of the analysis.
DING Cheng works at TI for many years. He has very good insights about the technology stocks.
Peter Deng discussed option straddle. He also suggested two stocks for the conference. One of them is CEF. Central Fund of Canada Limited operates as a specialized investment holding company, investing most of its assets in gold and silver bullion. The stated investment policy of the Company is to maintain a minimum of 90% of its net assets in gold and silver bullion, of which at least 85% must be in physical form. Another one is PTF. Its annual dividend above 11% is very attractive in the current market. Petrofund Energy Trust is a Canadian royalty trust that acquires and manages a balanced portfolio of oil and gas producing properties in Western Canada. Founded in 1988, the Company was created to provide investors with monthly cash distributions through investments in oil and gas-producing assets.
Max Song explained more about the technical and philosophical approach to the stock markets. The stock market has its own physics, or financial physics. There are three forces working at different frequencies in the market. One is the long-term force. One is the monthly or daily force. Another is the force working at minutes or seconds. When the three forces come at the same time, that's when he make a decision call. Seventy or eighty percent of the time, they work out beautifully. His dream is to connect his financial physics machine to the stock market. Then money comes in while he is dreaming bigger things. If you want to catch the essence of the Max financial physics machine, you have to listen to him physically, maybe in our next conference. Besides philosophy and physics, Max also thinks trading large volume stocks is better than trading stocks with low volumes. He mentioned QQQ, GE, and PFE for his model tests andpotentially for future trading.
ZHANG Shi and his wife FU Wei joined our group the first time. Zhang Shi's strength is in option trading. He uses advanced financial models to help making financial decisions. His insights about options trading and stocks in general were very much appreciated by all participants of the conference.
WANG Jihong is a professor in biotechnology. He has some wonderful insights about the market trends. He explained the gaps between vision and execution and ways to minimize the gaps.
Chris Rao presented an overall balanced approach. His work is to find a way to generate an annual 12% over the long-term with a minimum volatility in asset value. While most participants look for annual return of 20% to 40% in the conference, his 12% target seemed conservative.
LIU Song reported his work on sector rotation. In one time he invested in one or two sectors. When he makes enough money, he rotates his investment to other sectors. Max Song agrees with his approach. Max believes this approach can produce good results.
JIANG Yong is a software engineer. He is looking for a way to generate an annual return of 9% to 11%. He has made several good bets in the past several months.
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