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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No, seriously, it sounds like fun, and I appreciate the invite, but I'm afraid next month is out of the question. It's going to be a very busy month for me, and I will not be able to escape even for a weekend.
that photo is very a propos, it looks like some kind of strange boat.
The ugly list at least got started right, with the Gremlin and the Pacer. The Aztec is also a good choice. And what about that Scion wagon that looks exactly like a box on wheels?
Here is an Excel chart for “momentum” on the S&P 500 since July 14. I have observed that when the “momentum” exceeds 70, the index rallies quite nicely. For stocks, the momentum number is closer to 78. Any comments? The calculations are below.
(I'll post the table here later)
|lg 40 wks|sm 40 wks|% off hi| % off lo|momentum|close|date
Mimo, I would appreciate it if you would post the exact directions for moving this to an excel file and then how to set it up and use it. If that's not to much work. Thanx.
I had to chop a lot of stuff off in order to get it to fit in the zip size set by Karel. Look in the "Reference" section.
Thanks. I've been teaching myself the basics of using Excel and would love to be able to use this type of sheet. I'll definitely look into it and get back to you with any questions.
Mimo,
I would appreciate it if you would post the exact directions for moving this to an excel file and then how to set it up and use it. If that's not to much work. Thanx.
Ski, my version of Excel is 2000. If you're using a different version, the precise steps you need to take may differ a little from these below, but this should get you close enough to figure out the rest.
Highlight just the numbers.
Right-click.
Copy.
Open Notepad.
Paste.
Save to desktop (or folder of your choice) with a name such as numbers.txt.
Open new workbook in Excel.
Select Open from File pop-up menu.
At the bottom of the dialog box, select Text Files in "Files of Type".
Navigate to folder where your file is and open the file.
In the Text Import Wizard, select the "Delimited" radio button.
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