I had meetings scheduled for the middle of each of the months of April and May-one at the Bellevue Library and the other at Newport Hills library. Both libraries e-mailed me in early April that the libary had a conflict with our meeting room reservation so they cancelled them. Due to an accident in April, I have not felt on top of my game for several weeks. Now I find we our locked out of our usual rooms until July. I am working on finding alternate meeting locations but our inexepensive options are always limited. If anyone has an idea for a location next week or the next I will schedule a meeting and send a notice.
I would prefer to find a restaurant location like we have at Amates but in the Bellevue area. We may eventually have to charge a firm meeting attendance fee in the neighborhood of $10, payable in advance, in order to pay for reserved space when we need it. We are not there yet.
I would like to have a meeting soon to follow-through with your questions resulting from the education sessions which were part of the IBD metup Outreach Program. Also IBD now has some conditions/limitations on our activity if we are to retain their sponsorship support. We need to discuss that topic as well.
The current market rally has extended much further than I expected and has surprised many on Wall Street. Until this week the stocks moving up significantly are those most beaten down in January to March-value players were the purchasers. The rally started to broaden last week and the IBD 85/85 and IBD 100 indexs led the S & P 500, Dow and NAS last -that may mean more growth stock breakouts are ahead. So far only a small group of somewhat damaged CANSLIM stocks have broken out and advanced on good technical action. That could change now that some major clarity in economic and government dominated issues is apparent.
I will give you a more complete market and investment climate assessement soon either at a meeting or failing that by e-mail next week. If anyone wants to get some discussion going by e-mail in the interim just click on the mailing list menu item at ibd.meetup.com/2/.
Stephanie has a Lynnwood meeting scheduled on May 26.
Individual Investors meeting monthly to discuss the stock market & investing in growth stocks.We are trying to become more sophisticated investors and put more eyes on the market. We share ideas on which stocks are ready to move in price and review the results of our previous picks. The meeting is focused on education and skill building in fundamental and technical analysis of stocks meeting the primary characteristics of the Greatest Winning Stocks of All Time as described in William O'Neils book-How To make Money In Stocks
As long as the discussion remains within the framework and context of the Investors Business daily(IBD) Canslim research methodology, the agenda is flexible to topics of interest to those who attend the monthly meeting.
The meeting is usually scheduled to start at 6:30 pm but we usually have the doors open by 5:00pm. You are welcome to come early to socialize or network with others in the group.
The meeting usually begins with introductions and a listing of questions or topics members of the group want covered at the meeting. I will present a stock market review and overview of the progress of the big liquid leader growth stocks. You are invited to share your CANSLIM stock picks or ideas from your holdings or watch list for analysis at the meeting as well. We usually have a special presentation on some basic and advanced IBD portfolio management techniques. I always try to leave you with one or more stocks that I think may turn out to be a good investment in the next few days.
Some of you will want to participate in the discussion, and we encourage it ,but you may also just listen. I f you would like to send me questions or topics you wish covered at the meeting in advance please send them to me by e-mail.
Anyone interested in sharpening their investing knowledge and skill should attend. Newcomers are always welcome. I suggest you look at some of the basic educational materials free at www.investors.com or jump into William O'Neils books ,How to Make Money In Stocks and the The Successful Investor, in order to avoid being lost at the beginning of the meeting. As time goes on,you will learn advanced stock picking,trading and portfolio management techniques. You will also meet others who are trying to be their own portfolio manager or independent trader.
You are encouraged to e-mail or call the organizer with your suggestions for the agenda, meetings or group activities.