Regarding CAPS being a game for short term, momentum investors, here are a couple of posts on the subject:

LoneIguana's Thoughts: http://boards.fool.com/Message.asp?mid=24672646

David G Assessment: http://boards.fool.com/Message.asp?mid=24672703

Our intent is not to make CAPS a game about short term investing. We look at CAPS as a research tool that supports any number of investing methodologies. And many CAPS all stars are not opening and closing picks frequently to "win" the game. So while I'll acknowledge that some have used this as a successful strategy on CAPS to boost their rating, I don't think that the value of CAPS is diluted in any way by these actions. The CAPS ratings are still perfectly valuable to me as a long term investor, and do not reflect, in aggregate, a short term sentiment.

And I'm perfectly satisfied to compete without taking a short term approach, and I look for All Star investors who take the same approach.

I loved what you were doing with CAPS5Star1Star (it's on my favorite player list), and I hope you continue to manage the fund. In fact, we had you in mind we we rolled out our blogging tool. With think the Jester index fund blogging page would be a great platform for many of the posts that you made on this board.

Cheers,

jk