Rule #1 Calculations

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This blog is my attempt to help readers of Phil Town's book "Rule #1". I spent several days trying to run the calculations and learning the ins-and-outs, and it's not too easy. I felt a site like this would be very valuable to help others learn. - SteveO

March 28, 2007

Back in action

I’ve been way too busy over the winter break and didn’t update my blog too often, so I apologize for that, but I’m now going to start blogging more regularly. Over the past several months, I’ve altered my investment approach to help me make my buy/sell decisions based on a number of factors. I still use my Rule 1 formulas and calculations to help screen stocks and the charts are also very helpful. I also watch CNBC throughout the day and also factor in advice from Jim Cramer’s Mad Money and the Fast Five on Fast Money. Basically, with my Slingbox, I tune into CNBC during the day (small window in the background of my desktop) and when I hear some news about a company, I’ll check the Rule1 numbers, view the charts, and then make a decision. Yes, for all you true Rule1 followers, I’m deviating from Phil’s “Don’t Lose Money” mantra, but, quite frankly, not many stocks qualify as a Rule 1 stock and you can still make money on these. Anyway, please let me know if you have any questions or if you’d like me to research some stocks for you. You can do this via the ‘comments’ link after each blog post, but because the spammers have found my site, I had to enable user registration. I know it’s a pain, but I feel it’s worth it to keep the comments on track.

Thanks and I hope all is well,

SteveO

ps. man, I wish I held onto my Crox! Have you seen that run?

Filed under: Uncategorized — ebaysteveo @ 1:57 pm

January 3, 2007

Update on Caremark (CMX)

When I first mentioned CMX on Dec 6, it was trading at just under $50. Twenty days later on Dec 26, it reached $57. If you bought some and still have it, keep an eye on the chart as it just reached 2 red sell signals. You may want to lock in profits here and sell your holding. I sold mine towards the end of December.

Good Luck!

SteveO

Filed under: Uncategorized — ebaysteveo @ 11:12 pm

PPDI (from Phil’s Blog)