Ask $$$MR. MARKET$$$

[mrmarket]

I fifured it out. What entry pionts do you use? Do you find the pivot p.. What chart patterns do you look for?

Thanks in advance for your help.

I never look at entry points or pivot points or chart patterns. That's for those who are smarter than I am. Funny thing is, I still make money.

[dwtillard]

How do you know at what price to buy it? What are your sell rules?

Thanks

[mrmarket]

How do you know at what price to buy it? What are your sell rules?

Thanks

I run a quantitative momentum model which selects a single stock which, historically, has a 90% chance of reaching a 15% profit in a period of time that will outperform the overall market.

[Websman]

$$$Mr Market$$$,

While I am sitting here at my computer and cheering on the Tampa Bay Lightning as they stomp the Montreal Canadiens butts into the ice, I am thrilled and excited by the thoughts of an big powerful American team disgracing a wimpy little Canadian team on their own turf. I am also thinking that, one day, we should start a war against Canada and take over the whole country. I believe we could beat them in a matter of days.

Although I am having all these inspirational and pleasant thoughts, I am also a little disturbed by the seemingly poor direction of the makets and IBD's announcent that the market rally is all but dead. Mr Market, I'm not sure I trust IBD's opinion anymore. In fact, I would bet that William Oneil is a Montreal Canadiens fan and thinks Canada is superior to the USA.

I know that market direction is a very important factor for the canslim way of trading to work, but what about your style of trading? I would really appreciate your views on market direction and how important it is for your style of fundemantal trading to be successful. Any thoughts from your greatness would be appreciated.

Thanks $$$Mr Market$$$!!!

[mrmarket]

$$$Mr Market$$$,

While I am sitting here at my computer and cheering on the Tampa Bay Lightning as they stomp the Montreal Canadiens butts into the ice, I am thrilled and excited by the thoughts of an big powerful American team disgracing a wimpy little Canadian team on their own turf. I am also thinking that, one day, we should start a war against Canada and take over the whole country. I believe we could beat them in a matter of days.

Although I am having all these inspirational and pleasant thoughts, I am also a little disturbed by the seemingly poor direction of the makets and IBD's announcent that the market rally is all but dead. Mr Market, I'm not sure I trust IBD's opinion anymore. In fact, I would bet that William Oneil is a Montreal Canadiens fan and thinks Canada is superior to the USA.

I know that market direction is a very important factor for the canslim way of trading to work, but what about your style of trading? I would really appreciate your views on market direction and how important it is for your style of fundemantal trading to be successful. Any thoughts from your greatness would be appreciated.

Thanks $$$Mr Market$$$!!!

I don't know how to time the market so I don't try to time the market. I only know how to beat the market. Since, in the long run, the market always goes up, I always stay invested.

[Websman]

I like the way you think!
That defintely goes against the anal-lysts. As a matter of fact, I got scared out of a couple of positions by IBD on the last down turn and took a loss. If I would have waited a couple more weeks, I would have made money. Go figure.

[paulheels]

Mr.Market

where do you find the 12 month revenue growth?? does IBD have it or msn?? thanks

[mrmarket]

Mr.Market

where do you find the 12 month revenue growth?? does IBD have it or msn?? thanks

This data is available in almost any internet site on business finance (Yahoo, Quicken, MSN, etc).

[paulheels]

thanks, i found it last night a little after i wrote the post. thanks again.

[yaoyao]

Mr. Market

You still own a couple of stocks that were purchased in 2002. Have you consider selling them? What if fundamentals of the company are not as good as before? Do you still keep track these or just focus on the stocks that passes your model?

Thanks.

[mrmarket]

Re: Mr. Market

You still own a couple of stocks that were purchased in 2002. Have you consider selling them? What if fundamentals of the company are not as good as before? Do you still keep track these or just focus on the stocks that passes your model?

Thanks.

Of course I keep track of them and I think their prospects are good, otherwise I would sell them.

[mltlawn]

When will you post the loser you picked?

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up.

[mrmarket]

Re: When will you post the loser you picked?

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up.

BEL posts are still here...look harder. Obviously you are focusing on the few that go down, not the many that have gone up. Your observations do not reflect what is really happening.

[stocks54]

purchased old stocks from Mr. Market's pending list

In last couple of months I purchased few old stocks from Mr. Markets pending list. Includes WSB, PTSI, CHKE....holding on to BEL if I am able to take out money from other stocks I might buy some more BEL.....It's matter of time...

Thank you Mr. Market for great picks and sharing with us......

Regards,

[Websman]

Re: When will you post the loser you picked?

BEL down 47% since you picked it. Couldn't find the BEL posts on here. Have they been deleted? Most of your stock picks that I watch go down not up.

BEL posts are still here...look harder. Obviously you are focusing on the few that go down, not the many that have gone up. Your observations do not reflect what is really happening.

Mr Market is the best stock picker on the planet, but he cannot have a complete 100% success rate. If he could do that, we would be calling him the Lord thy God!
All you have to do is take an objective look at his success rate and you will see that he picks many more winners than losers. I have never seen Mr Market stick a gun to anybodys head and tell them that they have to buy a certain stock. And the best part of all is, Mr Market has never charged anyone to follow his trades. Everything he does is completely free for all to see. How much better can you get!
Every stock that I buy is my ultimate choice and if I lose money, it's my problem not Mr Markets or anyone elses.

Sorry Mr Market, I know you can stick up for yourself, but I just couldn't sit by and watch some whiner bash you like that. I guess I just love a good fight.