HappyGuy rides again...

Well, now, there's more than one way to skin a cat.....

www.freewebs.com/mimf2006

Happy Guy
..
..

Re: HappyGuy rides again...

Darn, I have to go add some color.... kind of bland looking.... I'll be
back.

--

Happy Guy
..
..
"happy-guy" <> wrote in message
news:LZgyf.2958$
> Well, now, there's more than one way to skin a cat.....
>
> www.freewebs.com/mimf2006
>
> Happy Guy
> .
> .
>
>
>

Re: HappyGuy rides again...

Much better.....

www.freewebs.com/mimf2006


Happy Guy

Re: HappyGuy rides again...

You have way, way too much time on your hands.


"happy-guy" <> wrote in message
news:LZgyf.2958$
> Well, now, there's more than one way to skin a cat.....
>
> www.freewebs.com/mimf2006
>
> Happy Guy
> .
> .
>
>
>

Re: HappyGuy rides again...

Are you kidding? Sure, I could spend my time watching tv, or I could use it
more productively... I chose the latter. Those little sites take only 20
minutes, total to set up....

Oh, by the way, thanks for looking..... Anytime there is activity in my
portfolio, the site will be updated, just like the big boys..... along with
a transaction listing. I like being part of the ACTION..

Hmm.. think I'll go on over and add the transaction list.... nah, UFC
Unleashed is coming on... I'll do it tomorrow... stay tuned... this is
working out even better than I had expected.....

Happy Guy
..
..
"NoEd" <> wrote in message
news:
> You have way, way too much time on your hands.

Re: HappyGuy rides again...

LOL! Nice try. If you think taking time to put up a website on a make
believe portfolio is productive use of your time, then what does that say
for the value of your time? Didn't you get upset and quit last time, i.e.
you took your toys and went home?


"happy-guy" <> wrote in message
news:YTiyf.2971$
> Are you kidding? Sure, I could spend my time watching tv, or I could use
> it more productively... I chose the latter. Those little sites take only
> 20 minutes, total to set up....
>
> Oh, by the way, thanks for looking..... Anytime there is activity in my
> portfolio, the site will be updated, just like the big boys..... along
> with a transaction listing. I like being part of the ACTION..
>
> Hmm.. think I'll go on over and add the transaction list.... nah, UFC
> Unleashed is coming on... I'll do it tomorrow... stay tuned... this is
> working out even better than I had expected.....
>
> Happy Guy
> .
> .
> "NoEd" <> wrote in message
> news:
>> You have way, way too much time on your hands.
>
>

Happy Guy's MIMF-2006 Challenge

Oh, yes, indeed. I quit many times. I'm the poster child for "he took his
ball and went home"... I have a track record of doing what I want to, when I
want to, and the hell with what everyone else thinks.

After all the T+3 stuff (I almost said 'crap'), I figured when I moved the
money to profunds and rydex I'd just get put on the defensive again about
how long it would/should take... So, I asked David to delete my portfolio
and start
a clean one. He wanted me to fix the original. So, I deleted it myself and
got on David's bad side..... As I said in an email to David, he is running
the contest and he can run it anyway he wanted to..... We are in
disagreement about the rules. I did not see any rule about not deleting my
portfolio, and there usually are new portfolios allowed. So, that is what I
asked for. David took exception. So, David has his story, I have mine.

Since I was not allowed a new portfolio (I guess I really didn't take my
ball and go home, I just wanted a new ball) and was eliminated, I was just
wallowing in self-pity and moaning around the house getting on people's
nerves. Someone smarter than me suggested I start my own one-person
challenge (it's a win-win-win situation for me). So I did. And I thought
"Happy Guy's MIMF-2006 Challenge" had a nice, annoying, ring to it...... I
mean, it was just meant to happen.

So, all my trades will be put onto www.freewebs.com/mimf2006 (I've added the
transaction list) and will be reported here under the subject: "Happy Guy's
MIMF-2006 Challenge" for continuity........ I think it looks better with the
dash, don't you?

Speaking about wasting time, aren't you the one hanging around here all
night?. At least I got to watch UFC Unleashed and see grown men beat the
crap out of each other..... And now a bunch of kickboxers on ESPN2.

Something interesting is occurring on the site, though, and I'm surprised...
the hit counter is doing quite well for a site that's only been up a couple
of hours..(oh, I suspect all the MIMF portfolios are make believe,
btw)...... this is working out very well for everyone..... I think I'll do
this again next year.... "Happy Guy's MIMF-2007 Challenge"..... what's not
to like?

Happy Guy
..
..
"NoEd" <> wrote in message
news:
> LOL! Nice try. If you think taking time to put up a website on a make
> believe portfolio is productive use of your time, then what does that say
> for the value of your time? Didn't you get upset and quit last time, i.e.
> you took your toys and went home?

Re: Happy Guy's MIMF-2006 Challenge

Arne. The fundamental problem was whether what you were doing was possible
in real life or not. It wasn't, and that means you might get some unfair
advantage from it and that was unfair to the other players. You could not
have bought UOPIX at ProFunds on the 12th Jan, the same day as you sold IGN,
because the sale was T+3 and you would not get the money until 3 working
days later, which will be Thursday next. A lot can happen in 3 days, or
perhaps very little, but that is not the point. It is not realistic so it is
not part of the contest. If you start doing impossible things there are all
sorts of ways you could benefit. So, I asked you to delete the impossible
transaction and then do whatever you wanted with the money when you got it
on Thursday, but you refused.

Your solution was to do another thing that is impossible in real life, to
start again with a clean slate and new money. Suppose Kaspa_Timing went for
this? Kaspa has already said he realises he should not have bought in on Jan
3 but should have waited for his timing method's buy signal. As a result of
that mistake he is down to $92,508 from his original $100,000. TK had the
same problem last year. He bought a stock that tanked and he was almost
instantly down to about $60,000. Instead of whingeing about it and trying to
start again with $100,000 both of these just gritted their teeth and got on
with it from where they then stood. TK fought his way back to almost the
original amount by the end of the year, a really substantial gain, and
probably learned a lot from it. All credit to him. Kaspa-Timing still has 50
weeks to go and although he is down now he might still win.

So, no, you can't start again, anymore than you could in real life if your
investments dropped 40% from 2000 to 2002. Correct the things you could not
have done, like the UOPIX buy, and go on from there. Anything else is
invalid and unfair to the other contestants who are keeping to real-life
deals and putting up with the consequences, good or bad.

You can do what you like in your own one-man contest, or whatever other
contest managers allow you to do in other contests, but in mimf2006 you only
do what is possible in real life.

David

"happy-guy" <> wrote in message
news:Zhkyf.3041$
> Oh, yes, indeed. I quit many times. I'm the poster child for "he took his
> ball and went home"... I have a track record of doing what I want to, when
> I
> want to, and the hell with what everyone else thinks.
>
> After all the T+3 stuff (I almost said 'crap'), I figured when I moved the
> money to profunds and rydex I'd just get put on the defensive again about
> how long it would/should take... So, I asked David to delete my portfolio
> and start
> a clean one. He wanted me to fix the original. So, I deleted it myself and
> got on David's bad side..... As I said in an email to David, he is running
> the contest and he can run it anyway he wanted to..... We are in
> disagreement about the rules. I did not see any rule about not deleting my
> portfolio, and there usually are new portfolios allowed. So, that is what
> I
> asked for. David took exception. So, David has his story, I have mine.
>
> Since I was not allowed a new portfolio (I guess I really didn't take my
> ball and go home, I just wanted a new ball) and was eliminated, I was just
> wallowing in self-pity and moaning around the house getting on people's
> nerves. Someone smarter than me suggested I start my own one-person
> challenge (it's a win-win-win situation for me). So I did. And I thought
> "Happy Guy's MIMF-2006 Challenge" had a nice, annoying, ring to it...... I
> mean, it was just meant to happen.
>
> So, all my trades will be put onto www.freewebs.com/mimf2006 (I've added
> the
> transaction list) and will be reported here under the subject: "Happy
> Guy's
> MIMF-2006 Challenge" for continuity........ I think it looks better with
> the
> dash, don't you?
>
> Speaking about wasting time, aren't you the one hanging around here all
> night?. At least I got to watch UFC Unleashed and see grown men beat the
> crap out of each other..... And now a bunch of kickboxers on ESPN2.
>
> Something interesting is occurring on the site, though, and I'm
> surprised...
> the hit counter is doing quite well for a site that's only been up a
> couple
> of hours..(oh, I suspect all the MIMF portfolios are make believe,
> btw)...... this is working out very well for everyone..... I think I'll do
> this again next year.... "Happy Guy's MIMF-2007 Challenge"..... what's not
> to like?
>
> Happy Guy
> .
> .
> "NoEd" <> wrote in message
> news:
>> LOL! Nice try. If you think taking time to put up a website on a make
>> believe portfolio is productive use of your time, then what does that say
>> for the value of your time? Didn't you get upset and quit last time,
>> i.e.
>> you took your toys and went home?
>
>
>

Re: Happy Guy's MIMF-2006 Challenge

Congratulations, David. I would have kicked him
out on January 11. On that day his account was
in repose at ProFunds (their own mutual funds only)
and Arne said BUY IGN, an exchange-traded fund.

That is not possible. End of story. Period.

David Wilkinson wrote:
> Arne. The fundamental problem was whether what you were doing was possible

Re: Happy Guy's MIMF-2006 Challenge

The bottom line is, we are all happy now. I have a cute little web site,
David is happy, and Mark is again near last place and headed South.

Mark, are you going to stop trading and disappear mid-year, as you did in
2005?

Now, let's just enjoy the contest......

Happy Guy
..
..
"Mark Matzen" <> wrote in message
news:
> Congratulations, David. I would have kicked him
> out on January 11. On that day his account was
> in repose at ProFunds (their own mutual funds only)
> and Arne said BUY IGN, an exchange-traded fund.
>
> That is not possible. End of story. Period.
>
> David Wilkinson wrote:
>> Arne. The fundamental problem was whether what you were doing was
>> possible
>

Re: Happy Guy's MIMF-2006 Challenge

Thanks Mark.

And looking back I think you were right about that earlier case too and I
was wrong. I guess I am learning on the job!

In real life, when you buy or sell a fund you have to put in your order to
the fund company before the next valuation and then find out later what
price and how many shares you got or how much it cost if you specified the
number of shares. You can't ring up the fund company later and say you
changed your mind. So, for all competitors buying or selling funds, the
sequence has to be:

1) Post which fund you are buying or selling in mimf and how much money or
how many shares it will be.

2) Take the next valuation NAV with loads, fees etc. as appropriate, or none
if it is a no-load fund.

3) When you have the valuation, post what the deal was in mimf and put it in
the transactions for your portfolio in Finance-Yahoo.

4) Once you have done (1) you have to go through with it and do (2) and (3)
as well. No second thoughts!

David


"Mark Matzen" <> wrote in message
news:
> Congratulations, David. I would have kicked him
> out on January 11. On that day his account was
> in repose at ProFunds (their own mutual funds only)
> and Arne said BUY IGN, an exchange-traded fund.
>
> That is not possible. End of story. Period.
>
> David Wilkinson wrote:
>> Arne. The fundamental problem was whether what you were doing was
>> possible
>

Re: Happy Guy's MIMF-2006 Challenge

I do index timing also. Why do you own 1 share each of uspix/otpix/ryvnx/ryvyx?

Re: Happy Guy's MIMF-2006 Challenge

Sanjay: Those are all the funds I time.... when I get sell on one fund, I
get a buy on the other. That means I need those prices to enter the new buy.
Having one share in each displays the price for me to use, so I do not have
to search for it elsewhere. If I get a sell on uopix, I need the price for
uspix, the bear fund, and it is all on the same page. It is only used to
save me time.

Happy Guy
..
"Sanjay" <> wrote in message
news:tatyf.12965$
>I do index timing also. Why do you own 1 share each of
>uspix/otpix/ryvnx/ryvyx?
>
>

Re: Happy Guy's MIMF-2006 Challenge

"happy-guy" <> wrote in message
news:Zhkyf.3041$
> Oh, yes, indeed. I quit many times. I'm the poster child for "he took his
> ball and went home"... I have a track record of doing what I want to, when
> I
> want to, and the hell with what everyone else thinks.

Sad.

> After all the T+3 stuff (I almost said 'crap'), I figured when I moved the
> money to profunds and rydex I'd just get put on the defensive again about
> how long it would/should take... So, I asked David to delete my portfolio
> and start
> a clean one. He wanted me to fix the original. So, I deleted it myself and
> got on David's bad side..... As I said in an email to David, he is running
> the contest and he can run it anyway he wanted to..... We are in
> disagreement about the rules. I did not see any rule about not deleting my
> portfolio, and there usually are new portfolios allowed. So, that is what
> I
> asked for. David took exception. So, David has his story, I have mine.
>
> Since I was not allowed a new portfolio (I guess I really didn't take my
> ball and go home, I just wanted a new ball) and was eliminated, I was just
> wallowing in self-pity and moaning around the house getting on people's
> nerves. Someone smarter than me suggested I start my own one-person
> challenge (it's a win-win-win situation for me). So I did. And I thought
> "Happy Guy's MIMF-2006 Challenge" had a nice, annoying, ring to it...... I
> mean, it was just meant to happen.
>
> So, all my trades will be put onto www.freewebs.com/mimf2006 (I've added
> the
> transaction list) and will be reported here under the subject: "Happy
> Guy's
> MIMF-2006 Challenge" for continuity........ I think it looks better with
> the
> dash, don't you?
>
> Speaking about wasting time, aren't you the one hanging around here all
> night?. At least I got to watch UFC Unleashed and see grown men beat the
> crap out of each other..... And now a bunch of kickboxers on ESPN2.
>
> Something interesting is occurring on the site, though, and I'm
> surprised...
> the hit counter is doing quite well for a site that's only been up a
> couple
> of hours..(oh, I suspect all the MIMF portfolios are make believe,
> btw)...... this is working out very well for everyone..... I think I'll do
> this again next year.... "Happy Guy's MIMF-2007 Challenge"..... what's not
> to like?
>
> Happy Guy
> .
> .
> "NoEd" <> wrote in message
> news:
>> LOL! Nice try. If you think taking time to put up a website on a make
>> believe portfolio is productive use of your time, then what does that say
>> for the value of your time? Didn't you get upset and quit last time,
>> i.e.
>> you took your toys and went home?
>
>
>

Re: Happy Guy's MIMF-2006 Challenge

David, I went back and read your rules. There is nothing in there that would
prevent me from doing what I asked. Your excuses are getting annoying, so,
you are going into the "message rule" category till you cool down.

Also, for those not involved in the contest, the portfolio I deleted was
worth more than the replacement I asked for. I thought starting over was the
easiest and cleanest way to handle it.... to compare my request to someone
who had a portfolio worth much less than the starting figure is just
stupid......

Mark, you can say whatever you want. You've never shown me anything, except
how much money you can lose investing. And then disappearing into hiding for
6 months when you reached the bottom of the contest pile.. only to be
reincarnated when a new contest starts up. Wimp comes to mind. Well,
actually big-mouthed blustery wimp comes to mind.

I actually like the outcome of all of this. When the results are posted for
the 'real' mimf2006 contest, I'll post my website again, with my results and
my transaction list..... This contest will be much more fun for me... so,
thank you, David.

Happy Guy

Re: Happy Guy's MIMF-2006 Challenge

"NoEd" <> wrote in message
news:
>
> "happy-guy" <> wrote in message
> news:Zhkyf.3041$
>> Oh, yes, indeed. I quit many times. I'm the poster child for "he took his
>> ball and went home"... I have a track record of doing what I want to,
>> when I want to, and the hell with what everyone else thinks.
>
> Sad.


No, what is sad is being a pussy, like you, not a man standing up for his
beliefs, as Arne does.

Re: Happy Guy's MIMF-2006 Challenge

"happy-guy" <> wrote in message
news:kquyf.3064$
> David, I went back and read your rules. There is nothing in there that
> would prevent me from doing what I asked. Your excuses are getting
> annoying, so, you are going into the "message rule" category till you cool
> down.
>
> Also, for those not involved in the contest, the portfolio I deleted was
> worth more than the replacement I asked for. I thought starting over was
> the easiest and cleanest way to handle it.... to compare my request to
> someone who had a portfolio worth much less than the starting figure is
> just stupid......
>
> Mark, you can say whatever you want. You've never shown me anything,
> except how much money you can lose investing. And then disappearing into
> hiding for 6 months when you reached the bottom of the contest pile.. only
> to be reincarnated when a new contest starts up. Wimp comes to mind. Well,
> actually big-mouthed blustery wimp comes to mind.
>
> I actually like the outcome of all of this. When the results are posted
> for the 'real' mimf2006 contest, I'll post my website again, with my
> results and my transaction list..... This contest will be much more fun
> for me... so, thank you, David.
>
Arne

You have been expelled from the contest for not keeping to the obvious rule
that transactions should be possible in real life. The other contestants
seem to have no problem with this and it would be unfair on them to let you
get away with it. Any claims you make later to have made some amount or
other on some private portfolio running to whatever methods you use will
have no standing because of this. Don't thank me. It was a self-inflicted
injury. You have nothing to be pleased about in this contest. Anyone else
running mimf2006 would have done the same. Criticising and abusing Mark for
pointing out your mistakes reflects badly on you. Cool down!

David

Re: Happy Guy's MIMF-2006 Challenge

David Wilkinson wrote:
> [...]
> So, for all competitors buying or selling funds, the
> sequence has to be:
>
> 1) Post which fund you are buying or selling in mimf and how much money
> or how many shares it will be.
>
> 2) Take the next valuation NAV with loads, fees etc. as appropriate,
> or none if it is a no-load fund.
>
> 3) When you have the valuation, post what the deal was in mimf and put
> it in the transactions for your portfolio in Finance-Yahoo.
>
> 4) Once you have done (1) you have to go through with it and do (2)
> and (3) as well. No second thoughts!

David, while I have no problems with rule #4, since it is a bright line
(unambiguous) rule that can be easily monitored, recognize that it is
more restrictive than the real world.

Some funds and brokerages handling funds will let you cancel orders
prior to execution. For example, if I place an order with Fidelity on
Sunday (or even Tuesday morning, eastern time) for a buy/sell of an open
end fund, I can cancel it prior to the market close.

On the other hand, the message I got at Vanguard recently when I entered
an order was something like: be very sure, you cannot cancel this
order. (Order placed when markets were closed.)

Even at Fidelity, they say only that they will "attempt" to cancel the
order; I don't know how far from market close you have to be for a
cancel to work.

It is because of this complexity that I support your rule (4), but it
should be highlighted, as it is not a real-world rule.

--
Mark Freeland

Re: Happy Guy's MIMF-2006 Challenge

Mark, I recall seeing mutual fund orders cancelled before cob in these
contests and there was no problem with that. I think that if Arne corrected
his portfolio first and then went to cash and start a new portfolio with
what was left there would have been no problem. It's all history now anyway.


"Mark Freeland" <> wrote in message
news:
> David Wilkinson wrote:
>> [...]
>> So, for all competitors buying or selling funds, the
>> sequence has to be:
>>
>> 1) Post which fund you are buying or selling in mimf and how much money
>> or how many shares it will be.
>>
>> 2) Take the next valuation NAV with loads, fees etc. as appropriate,
>> or none if it is a no-load fund.
>>
>> 3) When you have the valuation, post what the deal was in mimf and put
>> it in the transactions for your portfolio in Finance-Yahoo.
>>
>> 4) Once you have done (1) you have to go through with it and do (2)
>> and (3) as well. No second thoughts!
>
> David, while I have no problems with rule #4, since it is a bright line
> (unambiguous) rule that can be easily monitored, recognize that it is
> more restrictive than the real world.
>
> Some funds and brokerages handling funds will let you cancel orders
> prior to execution. For example, if I place an order with Fidelity on
> Sunday (or even Tuesday morning, eastern time) for a buy/sell of an open
> end fund, I can cancel it prior to the market close.
>
> On the other hand, the message I got at Vanguard recently when I entered
> an order was something like: be very sure, you cannot cancel this
> order. (Order placed when markets were closed.)
>
> Even at Fidelity, they say only that they will "attempt" to cancel the
> order; I don't know how far from market close you have to be for a
> cancel to work.
>
> It is because of this complexity that I support your rule (4), but it
> should be highlighted, as it is not a real-world rule.
>
> --
> Mark Freeland
>

Re: Happy Guy's MIMF-2006 Challenge

Ed wrote:
>
> Mark, I recall seeing mutual fund orders cancelled before cob in these
> contests and there was no problem with that.

I agree that it has been done. That's why I was highlighting David's
rule - it would (prospectively) bar (un)trades that had previously been
okay.

>
> "Mark Freeland" <> wrote in message
> news:
> > David Wilkinson wrote:
> >> [...]
> >> So, for all competitors buying or selling funds, the
> >> sequence has to be:
> >>
> >> 1) Post which fund you are buying or selling in mimf and how much
> >> money or how many shares it will be.
> >>
> >> 2) Take the next valuation NAV with loads, fees etc. as appropriate,
> >> or none if it is a no-load fund.
> >>
> >> 3) When you have the valuation, post what the deal was in mimf and
> >> put it in the transactions for your portfolio in Finance-Yahoo.
> >>
> >> 4) Once you have done (1) you have to go through with it and do (2)
> >> and (3) as well. No second thoughts!

--
Mark Freeland

Re: Happy Guy's MIMF-2006 Challenge

"Mark Freeland" <> wrote in message
news:
> David Wilkinson wrote:
>> [...]
>> So, for all competitors buying or selling funds, the
>> sequence has to be:
>>
>> 1) Post which fund you are buying or selling in mimf and how much money
>> or how many shares it will be.
>>
>> 2) Take the next valuation NAV with loads, fees etc. as appropriate,
>> or none if it is a no-load fund.
>>
>> 3) When you have the valuation, post what the deal was in mimf and put
>> it in the transactions for your portfolio in Finance-Yahoo.
>>
>> 4) Once you have done (1) you have to go through with it and do (2)
>> and (3) as well. No second thoughts!
>
> David, while I have no problems with rule #4, since it is a bright line
> (unambiguous) rule that can be easily monitored, recognize that it is
> more restrictive than the real world.
>
> Some funds and brokerages handling funds will let you cancel orders
> prior to execution. For example, if I place an order with Fidelity on
> Sunday (or even Tuesday morning, eastern time) for a buy/sell of an open
> end fund, I can cancel it prior to the market close.
>
> On the other hand, the message I got at Vanguard recently when I entered
> an order was something like: be very sure, you cannot cancel this
> order. (Order placed when markets were closed.)
>
> Even at Fidelity, they say only that they will "attempt" to cancel the
> order; I don't know how far from market close you have to be for a
> cancel to work.
>
> It is because of this complexity that I support your rule (4), but it
> should be highlighted, as it is not a real-world rule.
>
> --
> Mark Freeland

Mark

The message I get at my broker's, T D Waterhouse, Fund Supermarket is that
the deal is final and I always assume it is final when I ring the fund
companies direct. However my experience is limited so I accept what you say,
that there are companies that allow a change of mind. This can only be true
for a limited time though. If I ring a fund company at 10 am and place a buy
order and their valuation is at 12, I assume that the order goes through at
about that time. To build this cancellation ability into the contest would,
as you say, get very complex. One would have to know for each fund and
company anyone chose to buy or sell a) The time he posted the order on mimf,
b) the time when he cancelled it by posting again and c) the cut-off time
for the company and fund. So I agree with your last point that the
complexity makes rule 4 above desirable. Even if it is not 100% accurate
probably is in the majority of cases.

David

Re: Happy Guy's MIMF-2006 Challenge

Ed, there were several problems. First was the buy on IGN, which no one
called me on. I probably did start out saying that I was going to be in
profunds, I really don't remember. I just put the buy in not even thinking
about it. IGN looked good, I bought it..... no one said boo.

Second was I had put rydex funds in the portfolio, which I did not even
think about, that was an error on my part. Meaning, I can't have Rydex funds
in money at Profunds... again, if that is what I had said in the beginning.

Third was, I did think once the sale was over, the money was available. My
hair hurts thinking about all the rest of the discussion after that one.

And there may have been more problems..... I felt my solution was the
simplest. Delete a messed up portfolio with a value over $100,000.00 and
just start with an unencumbered $100k, without dealing with all the getting
rid of uopix, the rydex funds, in the first portfolio.... I also felt that
it had gotten too tangled up.. back up to where? If I had said I was at
profunds, would I back up to the original $100k?.. or would I pull out the
UOPIX and go back to IGN and then pull that out...? Of course, the rydex
would have to come out as that was certainly a no-no.... And if the IGN was
accepted as valid, would I listen to more crap with people telling me how
long I would have to wait to move the money to profunds, where it might have
been to start with?

No, I still feel my solution was best.... and you know the best part? I now
don't have to listen to a bunch of verbal diarrhea about what I can and can
not do and how long I have to wait to do it...... it is all fixed. And I'm
the one that fixed it....... I've often thought there are two types of
people in this world. Those that let life happen, and those that make life
happen......

btw, I'm going to block out this whole subject and start a new one......
certainly had enough of this title.

Happy Guy
..
..
"Ed" <> wrote in message
news:

I think that if Arne corrected his portfolio first and then went to cash
and start a new portfolio with
> what was left there would have been no problem. It's all history now
> anyway.
>

Re: Happy Guy's MIMF-2006 Challenge

"happy-guy" <> wrote

> Ed, there were several problems. First was the buy on IGN, which no one
> called me on. I probably did start out saying that I was going to be in
> profunds, I really don't remember. I just put the buy in not even thinking
> about it. IGN looked good, I bought it..... no one said boo.
>
> Second was I had put rydex funds in the portfolio, which I did not even
> think about, that was an error on my part. Meaning, I can't have Rydex
> funds in money at Profunds... again, if that is what I had said in the
> beginning.
>
> Third was, I did think once the sale was over, the money was available. My
> hair hurts thinking about all the rest of the discussion after that one.
>
> And there may have been more problems..... I felt my solution was the
> simplest. Delete a messed up portfolio with a value over $100,000.00 and
> just start with an unencumbered $100k, without dealing with all the
> getting rid of uopix, the rydex funds, in the first portfolio.... I also
> felt that it had gotten too tangled up.. back up to where? If I had said
> I was at profunds, would I back up to the original $100k?.. or would I
> pull out the UOPIX and go back to IGN and then pull that out...? Of
> course, the rydex would have to come out as that was certainly a no-no....
> And if the IGN was accepted as valid, would I listen to more crap with
> people telling me how long I would have to wait to move the money to
> profunds, where it might have been to start with?

I understand, I'm not even in that contest. However, if the contestants want
it to be real life right down to the last letter then you can't just dispose
of the portfolio in question, you must fix the illegal trades and then move
on. Having a new portflio is a separate issue and I don't think that would
have been disallowed.

> No, I still feel my solution was best.... and you know the best part? I
> now don't have to listen to a bunch of verbal diarrhea about what I can
> and can not do and how long I have to wait to do it...... it is all fixed.
> And I'm the one that fixed it....... I've often thought there are two
> types of people in this world. Those that let life happen, and those that
> make life happen......

Whatever you think, you were not following the rules.

> btw, I'm going to block out this whole subject and start a new one......
> certainly had enough of this title.

That's fine, but it doesn't change anything. If your original mimf portfolio
had been real you wouldn't be allowed to do what you did. Second, you
couldn't just make it go away and start a new portfolio. Scottrade wouldn't
let you. You should have just stayed with ProFunds.

I understand all the frustration and it would be great if none of this
happened but it did. David is under pressure from not only you but other
players. At least have a fair attitude toward him, he bit off more than he
expected but he's doing the best that he can and so far so good.

Re: HappyGuy rides again...

yes, trying to do that myself--only a test.