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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I want to commend you for a statement you made on another board.
A comment was made about you talking like Warren Buffet, in which you replied, "Please don't insult me by associating me with Warren Buffet. Ask Warren why he left his wife for his mistress. Ask him how many Little League games he saw his kids play in. If you ask me, he is tremendously unimpressive."
I was extremely impressed with your comments. This shows how huge you really are. You obviously have your priorities in the right place. Keep up the good work!
I want to commend you for a statement you made on another board.
A comment was made about you talking like Warren Buffet, in which you replied, "Please don't insult me by associating me with Warren Buffet. Ask Warren why he left his wife for his mistress. Ask him how many Little League games he saw his kids play in. If you ask me, he is tremendously unimpressive."
I was extremely impressed with your comments. This shows how huge you really are. You obviously have your priorities in the right place. Keep up the good work!
Thanks Webhead, although I really thought I was just stating the obvious. I think it's pathetic when common folk grovel after people simply because they are wealthy, when in reality, it doesn't take any money at all to buy character. They may be, in reality, idolizing people who aren't worth the fart that they just left at Taco Bell. It just depends how you define "worth", doesn't it?
When my kids do something that makes me proud, I don't give them 20 bucks. I give them a hug. I think more people should try that, then we will have fewer people thinking that they want to grow up to be like Warren Buffett.
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I am HUGE! Bring me your finest meats and cheeses.
I am back on board with the $$$Mr. Market$$$ Model.
Seems every time I stray away from Mr. Market I end up overtrading my account and getting burned in the long run.
Meanwhile with time Mr. Market just keeps trading winners.
You know what the key to Mr. Market is? PATIENCE. For now on if I get bored with my account and have an itch to make a day trade, I will either go for a walk, add capital to my account and double down on some more of Mr. Markets picks, or take a drive to the casino.
Ok enough venting. now for my question....
I am sure it has been asked before, are your commisions factored into your buy and sell prices? Or is your return really 14%
Thanks and I will never betray your hugeness again
I am back on board with the $$$Mr. Market$$$ Model.
Seems every time I stray away from Mr. Market I end up overtrading my account and getting burned in the long run.
Meanwhile with time Mr. Market just keeps trading winners.
You know what the key to Mr. Market is? PATIENCE. For now on if I get bored with my account and have an itch to make a day trade, I will either go for a walk, add capital to my account and double down on some more of Mr. Markets picks, or take a drive to the casino.
Ok enough venting. now for my question....
I am sure it has been asked before, are your commisions factored into your buy and sell prices? Or is your return really 14%
Thanks and I will never betray your hugeness again
TSEVNI
Commissions ARE factored in, but I pay very low commissions relative to the total dollar value of my transactions.
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I am HUGE! Bring me your finest meats and cheeses.
What do you think Ernie. have you analized BEL earnings yet? Not good. Is this an example of when you take a loss?
I saw it was a Canadian company and took it off my radar. I have been burned enough by the canadian run companies.
thanks TSEVNI
It's a bet. If they grow their business to capacity, they will have lots and lots of cash. As long as the economy remains strong, there will be more companies willing to spend money on environmental cleanup. BEL has the infrastructure in place to make lots of money. I'm still holding.
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I am HUGE! Bring me your finest meats and cheeses.
well, it's tanked about as far as I think it can... no matter how bad they make this contract ambiguity sound, I don't think it'll make BEL fail. I'm sure someone else needs their dirt cleaned up, too. At 6.7 I'm doubling up my bet. It can't get any cheaper than this, IMO.
well, it's tanked about as far as I think it can... no matter how bad they make this contract ambiguity sound, I don't think it'll make BEL fail. I'm sure someone else needs their dirt cleaned up, too. At 6.7 I'm doubling up my bet. It can't get any cheaper than this, IMO.
I make a habit of never averaging down, no matter how tempting...it's a diversification discipline of mine.
All of the indications are that the Bellhune plant will be up and running on schedule. It was the hype surrounding this uncertainty that first started to pound this stock.
Like you said, the P/E is pretty darn cheap..this stock has been taking a beating on news, not necessarily based on any fundamentals.
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I am HUGE! Bring me your finest meats and cheeses.
Who would of thought that dirt would be so hard to obtain.
Looking at BEL earnings PR the CEO is on the record saying that next quarters earnings will be the same as last year of .29. That would be a nice improvement and could make BEL Salvagable for you.
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