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 wouldn't think that 10,000 shares in the $2 range would have much of an impact on Jacks portfolio, even if it dropped to zero.
I believe he bases all of his other trades on pennies, right? Just find it interesting that this one is so different from his sucessful strategy of having a very mechanical, objective system. I guess there's nothing wrong with throwing the dice once and a while but it seems like quite a departure.
Peanuts,
I know you are not talking to me, but I recommended AAPL at $83 about three weeks ago.
I know that you did. I liked the recommendation so much that I've tried to familiarize myself with the way AAPL trades. I see what Dr. Jack is doing here, and I like it! He is able to capture small percentage gains on stocks with which he has a strong familiarity. I agree with you that AAPL will go higher, but between then and now, it should fluctuate nicely, and I want to try to catch some of those smaller moves...
Thanks!!!
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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