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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Speaking of Paris, after you brought her up, Lye-baby, I Googled "Paris Hilton bullriding" to see if I could get a picture for you, and I turned up this:
PARL's hottest selling perfume is her brand. And you owned this stock last year?.... You really don't research the companies you buy do ya dude? I thought you did FA and product research and all kinds of dd.... Well.... I've seen you right many many times so I ain't discounting what you've offered here....Thanks!
btw.... great short in the POTW!!!!
DD? ME?! NAW! If I want FA I just ask Jiesen. That guy can crunch numbers so good and so fast, why, I couldn't even type in the symbol but that he has all the work done. "Why buy the cow when the milk is free?"
This is when I call in the calvery.... OK fellas. I like PARL (long) I love the fundamentals and they are making money hand over fist.... But stocks don't always move streight up so a good entry is essential. And the market is flashing bearish signals at us....
I thought PARL should retrace to the low $28's.... but I entered it with a small position today @ $31.20 thinking it was gaining momentum.... only to see it pullback and develop an intraday decending triangle. TA experts! Post your opinions of PARL.
Assuming you liked it.... When would YOU enter this stock? and why?
And looking at the daily today, I must say that I'm neutral considering all things. The weekly is another matter all together. What a fine chart. I see the bullish bias, but with the daily so iffy right now, I'd have to give a neutral bias for it, with strong recommendation you put a stop where marked on the daily. There will be other times for a long if that fails. It has a chance for a run to 44.00 if it can hold these levels. Do or die dude. Good luck.
And looking at the daily today, I must say that I'm neutral considering all things. The weekly is another matter all together. What a fine chart. I see the bullish bias, but with the daily so iffy right now, I'd have to give a neutral bias for it, with strong recommendation you put a stop where marked on the daily. There will be other times for a long if that fails. It has a chance for a run to 44.00 if it can hold these levels. Do or die dude. Good luck.
Great call on that SHS Spike. I was hoping for a retracement to around $28 to buy back in. The big thing with PARL is it's earnings and sales growth are awesome. BUT.... there is a heavy short interest too. Once it finally does make it's solid move I think it will rise past $50..... But hey NBB could be right too.... it might start that run from $19.LOL
I'll hold my initial position for now and watch it closely. If I add shares I'll post. If I dump it I'll post.
Thanks fellas for the input.... Here's how it stands for PARL
Lyehopper... Bullish
Steckler...... Cautiously bullish (wants to see 31.75 hold)
NB-Baby...... Bearish
Spikefader.... Neutral to bullish
Lye, first let me say how much I like your short bias for NRPH. Cool lookin' channel bust in Feb, followed today with a symmetrical triangle breakdown. That's good for perhaps a target of 24.00; what's that...22% profit for you. Good luck with it dude.
Ah huh! Of course! And I do hate to put a TA downer on your first pick dude; so I apologize!! I'll throw it at ya just as a headsup and I'll await a bust of those patterns before I get warm and fuzzy about it hehe
It's similar in many ways to that dog PACT hehe which I note has still failed to perform and I'm wondering when it'll give up and drop to 3.00 like I expect it to. Stubborn thing! must have OK fundies hehehe Do you still like that one?
Best to ya.
Spike.... I still watch PACT but I haven't traded a long time. It does have pretty strong fundamentals, but it's stuck in the mud. I would be interested in a little position @ $7.00 (insiders bought it down there last year).... It would be one you'd have to be willing hold long term though.
Spike.... I still watch PACT but I haven't traded a long time. It does have pretty strong fundamentals, but it's stuck in the mud. I would be interested in a little position @ $7.00 (insiders bought it down there last year).... It would be one you'd have to be willing hold long term though.
There are too many better stocks to choose over Pacificanet. You are right, the fundies are OK, but there is not enough to compell me, (or a lot of others, apparently), to go in.
Take a look at OPTC, ANTP or ARRS. All look like they can bring you back some decent returns.
There are too many better stocks to choose over Pacificanet. You are right, the fundies are OK, but there is not enough to compell me, (or a lot of others, apparently), to go in.
Take a look at OPTC, ANTP or ARRS. All look like they can bring you back some decent returns.
Sorry to hijack this thread but I've been meaning to ask this for a while...excuse the stupidity of my first post on this forum, that is if the answer happens to be very obvious:
How are you displaying the volume off the side of your charts? Is this option supported in the free charting? It's damn handy.
GEHL is a stock that I have held for some time. My average cost is in the mid $20's.... But I added shares today up to $31.46 so I will use $31.46 as my trade log figure. GEHL manufactures construction and farm machinery. You want the "next JLG"?.... I just gave it to ya.
Sorry to hijack this thread but I've been meaning to ask this for a while...excuse the stupidity of my first post on this forum, that is if the answer happens to be very obvious:
How are you displaying the volume off the side of your charts? Is this option supported in the free charting? It's damn handy.
Thanks.
I just logged off and used freecharts...yes it worked...click Vol By Price...IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Take a look at the weekly chart on GEHL, Lye. Cup and handle.
Yep.... I like to read weekly charts over daily charts Dave. GEHL is RIPE!
Look at the weekly on NRPH. Notice the volume increase and "churn" over the past few weeks.... Any sucker rally on this thing is a good short entry.... This suka's gonna fall.
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