Within the next month, we are cutting 62 Group Positions Held down to a manageable 30. The basis for the selloff will be Performance; an easy task in 2010.
We buy Positions (individual stock) in "Blocks" to save on Commissions (primary reason for a clique). A finite number of Slots in the block are available @, say $1000. Most of our positions are in Blocks of $5000+. Our Clique has 6 Members.
Our Watchlists always consists of a Core 122 Cos, currently we have 143 cos based on new stocks added. The List will be cut to a Core of 60 and no more than 10 at a time. Currently, each Group Member is charged with watching a minimum of 18 Held and Watchlist Stocks EVERY DAY. I am carrying an unmanageable 48, and as GP have an overview of all 62 Positions Held. And all this while going to our jobs every day and working other Projects (two of us have family obligations): Think we're missing a few Buy/Sell Opportunities? It's going to take a couple Saturday meetings
to Trim The Fat.
Cautionary Tale. We had considered Cashing Out the Group, altoghether and doing our "own thing". This was Close, Close, Close to happening. We started with $100 BuyIns but started putting REAL Money into the Group and have become Arrogant Pigs at the Trough of Successful Trading. It's far easier to say, "gimme a c-note" than it is to "have a Contract, Vote and fork over a Grand". Plus, who cares about Accountant or Attorney for a $10,000 Kitty; try to be be nonchalant @ $300K. It's almost like, "Thank God the Market's Down or we'd be taking 'contracts' out on eachother". 
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