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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FINL and KBH both burrowing to new lows. KBH should merge with CFC. They've been great buddies for years and deserve each other. Went by some K.Hovnanian model homes today with big 0 money down signs on them. HOV also hits new low today.
-------------billyjoe
Was thinking about going to the next foreclosure sale at the county courthouse. At the ones I went to last year the banks were still buying houses back at more than they were worth. I'll bet it's different this time.
FINL and KBH both burrowing to new lows. KBH should merge with CFC. They've been great buddies for years and deserve each other. Went by some K.Hovnanian model homes today with big 0 money down signs on them. HOV also hits new low today.
-------------billyjoe
Was thinking about going to the next foreclosure sale at the county courthouse. At the ones I went to last year the banks were still buying houses back at more than they were worth. I'll bet it's different this time.
Different areas of the country are in different stages...But overall I'd say it is a little early to catch the best deals.
Think of the RE market as a Cup w/ Handle pattern...We are forming the handle...Wait for the Pivot Window to start...Heck!!!...You invented it (Pivot Window)...However, think of WON...Jiler discovered the pattern...But WON popularized it...Think of me as WON and you as Jiler regarding the Pivot Window term...Thanks...I owe 'ya one
"Trade What Is Happening...Not What You Think Is Gonna Happen"
U.S. sales of existing homes fell 3.8% in June to a seasonally adjusted annual rate of 5.75 million, the lowest rate since November 2002, the National Association of Realtors reported Wednesday. Sales in June were down 11.4% from June 2006. Inventories of unsold homes on the market fell by 180,000, or 4.2%, to 4.20 million, representing a 8.8-month supply at the June sales rate. The months' supply was also 8.8 months in May, the highest since 1992. The median sales price was $230,100, up 0.3% since June 2006. It's the first time in 11 months that median sales prices did not fall compared with a year earlier
"Trade What Is Happening...Not What You Think Is Gonna Happen"
At the beginning of the year, Cramer had a three show special while you were in the hospital, billyjoe. In these shows, he highlighted his picks for the year for value, growth, and speculative stocks. I took notes and wrote down the prices for the following day on his picks. Here are the results to date:
Can you believe it? Cramer beat the market like a rented mule. Here's what his magic portfolio did in 2007. Thanks duuuuuuuude!!!!
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Peanuts,
MO is actually up despite the price. It spun off Kraft foods which lowered MO's price. Actually gaining around 30% if you factor in the spinoff. I've owned it since 10/9/06. KFT was worth over 30 a share when I sold in April '07. MO is set to spin off into Phillip Morris Europe this year and keep the North American MO. Also pays a nice 3.95% div.
That's one smart guy! Wonder how many people will actually do it! I just never watch him (Cramer). For a while it was a giggle watching the AF market do flip-flops when he mentioned a stock. Then I found out he is wrong about 50% of the time, just like the rest of us (or like me anyway). So, like I said, I never watch him. My BSC call in POTW came from other news sources that made me suspect what would happen. But I had to think for myself. Much better than letting the ******* do my thinking for me. Thanks for today's giggle, Peanut. LOL River
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