I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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$pike,
You use the momo trendlines yourself. Just review some of your charts where the trend has moved higher. You usually mark such moves with a "boom."
Where do you think I picked up this technique? Nowhere else but Spikefader's Scientific Stock Analysis.
hehe well to be accurate those "booms" are related to price action through regression channels, but same principle to a trendline I guess; only they are more complex to calculate width and slope. But I like your twist on the 'boom' principle and encourage more work on these 'momo trendlines' hehe. A google search reveals it's a term that's yet to be a subject of any search engine pages. So that makes you an original artist!
Best to you, Lye. You probably will do well daytrading this one. Just remember: what we have today is a retest of the broken neck. That's a normal reaction, and Monday you should see a hard sell off, I think.
I'm changing my mind more often than Cheech in Amsterdam... I got out of PARL today at 29.25, made about $150 LOL... note the name
Took that money and put it in GFIG @ $55.47... looks less risky, but not as profitable: CHART
Others that I selected, but did not buy: CRED, OXPS, TWP, CNX
Just felt like sharing...
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
hehe well to be accurate those "booms" are related to price action through regression channels, but same principle to a trendline I guess; only they are more complex to calculate width and slope. But I like your twist on the 'boom' principle and encourage more work on these 'momo trendlines' hehe. A google search reveals it's a term that's yet to be a subject of any search engine pages. So that makes you an original artist!
Spike,
Bought $45 PUTs on QQQQ Friday at $2.70. Looking for QQQQ to return to support around $40.25 or so in the next few weeks. Spike, its a good buy. The premium is only .10. That's two and one half month's option for a mere .10. I thought you might want to play this one.
Spike,
Bought $45 PUTs on QQQQ Friday at $2.70. Looking for QQQQ to return to support around $40.25 or so in the next few weeks. Spike, its a good buy. The premium is only .10. That's two and one half month's option for a mere .10. I thought you might want to play this one.
I would really like for you to teach me how to trade options. That is a completely new field to me. I did not pay attention in class. So many people tell me that options are the way to make "free" money.
help me to win, please
BTW: how do companies account for the options expense?
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
I would really like for you to teach me how to trade options. That is a completely new field to me. I did not pay attention in class. So many people tell me that options are the way to make "free" money.
help me to win, please
BTW: how do companies account for the options expense?
Let's start with this: would you care to list for me stocks that you currently own that are optionable right now?
Do you have a margin account?
Are you allowed to daytrade or not?
Can you post your answers on "Options: Low cost investing?"
Thanks!
Peanuts...There is a place for options in investing...But a free lunch is not one of them...I could tell you horror stories from actual people I know and I could tell you a few success stories to...but not nearly as many...Doug
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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