Peanut's Potent Plethora of Profit

[Websman]

I added to my UCPJ positon today at .016...GO UCPJ!!!

[peanuts]

Everyone at Mr. Market hates to make money

ticker: HMSY

HMS Holdings Corp., through its subsidiaries, provides various cost containment and payment accuracy services relating to government healthcare programs in the United States. The company, through Health Management Systems, Inc., works on behalf of government payors to help contain healthcare costs by recovering expenditures that were the responsibility of a third party, or were paid in error. Its customers include state and county Medicaid programs, Medicaid managed care plans, child support enforcement agencies, state prescription drug plans, and other public programs. HMS Holdings, through Reimbursement Services Group, Inc., works on behalf of public, voluntary, as well as profit hospitals to document services that qualify for reimbursement through Medicare cost reports and other government payment mechanisms. The company was founded in 1974 and is headquartered in New York City.

1) Fast stochastics have been in the accumulation level for the last few weeks and is currently about to cross into the overbought area

2) Price is crossing resistance... there's still some overhead, but this will be the 3rd test of it.

3) Nice increase in buying volume

4) Short term RSI (7 day) is turning positive against a declining market

5) Short term MACD (2,13,12) has a bullish crossover above the red indicator line and is above the zero line.

What all of this tells me is that in the last few days HMSY has been experiencing some nice buying volume in the face of a declining market. It was at a point where any bit of weakness would reduce the price substantially. But instead of weakening when the stock is testing areas of previous strength in a weak market, HMSY caught more traction to the up side. If it can do this under the current market conditions, it may still have some momentum in the coming week.

I know that this stock was discussed by some forum members previously (I think by Louetta and skiracer) so their views on this would be appreciated. I don't know too much about it fundamentally, but maybe someone else does...

Go ahead, kick yourself. HMSY closed at $19.33 today

[peanuts]

LOL! YES Peanuts, I realize that YOU created the watch list thru YOUR own research and that YOU are great, as is YOUR "weekly watch list".... and YOU have no need for anything or anyone. Anyone who visits this forum knows these things.

So I guess the actual answer to my most simple question, "What (site/service) did you make that watch list with?"..... was.... "I keep track of the watchlist in Yahoo!.... The file is an Excel screenshot".... Thanks!

Yes Lye, you are finally realizing... it's all about ME ME ME ME ME ME ME ME ME

[Lyehopper]

This is through my own personal research, Lyehopper. I create my own ideas and watchlists. I do not rely on other people to tell me what is hot... I go out and find it!

Please review my weekly watchlist. You will see that my last edit was on the 27th, and all of these stocks are part of my watchlist. I personally feel that my weekly watchlist is great, and I want to share it. It really is a part of me, as I do all of the research on my own. 95% of my watchlist is populated with stocks within 5% of their 52 week highs. The stocks which I listed above are made with a simple sorting function in Excel to get those which have either exhibited a breakout today to new highs, or those which are within 1% of a new high and experienced greater than 1% gains today.

The only service to which I subscribe is IBD, but IBD and these stocks have no relationship to me.

I keep track of the watchlist in Yahoo! and that is where the above list is currently residing... The file is an Excel screenshot.

LOL! YES Peanuts, I realize that YOU created the watch list thru YOUR own research and that YOU are great, as is YOUR "weekly watch list".... and YOU have no need for anything or anyone. Anyone who visits this forum knows these things.

So I guess the actual answer to my most simple question, "What (site/service) did you make that watch list with?"..... was.... "I keep track of the watchlist in Yahoo!.... The file is an Excel screenshot".... Thanks!

[peanuts]

What (site/service) did you make that watch list with?

This is through my own personal research, Lyehopper. I create my own ideas and watchlists. I do not rely on other people to tell me what is hot... I go out and find it!

Please review my weekly watchlist. You will see that my last edit was on the 27th, and all of these stocks are part of my watchlist. I personally feel that my weekly watchlist is great, and I want to share it. It really is a part of me, as I do all of the research on my own. 95% of my watchlist is populated with stocks within 5% of their 52 week highs. The stocks which I listed above are made with a simple sorting function in Excel to get those which have either exhibited a breakout today to new highs, or those which are within 1% of a new high and experienced greater than 1% gains today.

The only service to which I subscribe is IBD, but IBD and these stocks have no relationship to me.

I keep track of the watchlist in Yahoo! and that is where the above list is currently residing... The file is an Excel screenshot

[Lyehopper]

These stocks look great! You will not argue. I can guarantee that!

What (site/service) did you make that watch list with?

[peanuts]

Check these out:

These stocks look great! You will not argue. I can guarantee that!

[peanuts]

Steel is on fire!.... Great call Peanuts.

Your prediction (last summer) of a long bull market in metals is looking very probable now.

Thanks Lyehopper. I'd like to say more, but my better judgement suggests that two ears are better than one mouth.

[Lyehopper]

Steel stocks breaking out left and right!

Steel is on fire!.... Great call Peanuts.

Your prediction (last summer) of a long bull market in metals is looking very probable now.

[skiracer]

Did you bother to check the profile of all of the stocks in the PSI? You'll find that they are not all steel producers. When you make an SSI, please let me know.

You're a slippery as an eel Peanuts. Are all of those stocks on your list in the steel sector or not except CECE. They are all in the steel industry because their business is steel whether it be any number of products that come under that roof. I have looked at most of the stocks on your list and have owned several of them at one time or another. You can do whatever it is that you want to with your index. I have yours and BarCharts for nothing. Why would I want to start my own?

[peanuts]

What I disagreed with initially was that since CECE is actually in another industry or sector than the steel sector and in this case your specific list of stocks, neither could be a fair overall fundamental indicator of the others performance or what to expect from the others performance because could you rely on steel to read what range the performance of CECE is going be for some period of time. On the other side could CECE be a genuine indicator as to influence the outlook for that list of stocks. CECE operates in a number of different markets and could do well even without the percentage of business it generates from the stocks in your PSI. And the PSI stocks don't live on what percentage CECE brings to the group.
But I do think that PSI would benefit more from what CECE brings to the table and that just might be enough to influence the averages moreso because of it. The fact that CECE benefits from a much wider client base in a larger number of sectors than steel gives it a better advantage of performance when steel might be experiencing a slowing period.

Did you bother to check the profile of all of the stocks in the PSI? You'll find that they are not all steel producers. When you make an SSI, please let me know.

[skiracer]

What I disagreed with initially was that since CECE is actually in another industry or sector than the steel sector and in this case your specific list of stocks, neither could be a fair overall fundamental indicator of the others performance or what to expect from the others performance because could you rely on steel to read what range the performance of CECE is going be for some period of time. On the other side could CECE be a genuine indicator as to influence the outlook for that list of stocks. CECE operates in a number of different markets and could do well even without the percentage of business it generates from the stocks in your PSI. And the PSI stocks don't live on what percentage CECE brings to the group.
But I do think that PSI would benefit more from what CECE brings to the table and that just might be enough to influence the averages moreso because of it. The fact that CECE benefits from a much wider client base in a larger number of sectors than steel gives it a better advantage of performance when steel might be experiencing a slowing period.

[peanuts]

I don't think you're a monkey. I think you are authorative beyond your expertise in many areas, crave affirmation and praise beyond normal expectations of adults, and can dish it out but not real good at taking it back. Other than that I think you're ok.

You crack me up, ski! Do statistics mean ANYTHING to you?

[skiracer]

Ski,

If you owned CECE, would you care about the revenues currently generated from Steel? Would you care even more about the growth of those revenues over the next few years?

Honestly, I don't think you have the background to be making assumptions on the company's business prospects or current line of business. This is especially true if the extent of your DD is to read the company profile on Yahoo Finance or a simliar site.

Furthermore, this statement which you made is false:

Going to the company's website and using their internal search engine with the keyword "steel" yields more than 10 pages of results: LINK

Do you honestly think that I would just generically assign an evironmental company to a Steel Industry Index? What am I, a monkey? Geez, ski, give me some credit, dude. You're always trying to blast me and my ideas. How many more times do I have to prove myself?

And, it is a PSI, not an SSI.. The P is for peanuts, tell me when you make an SSI (Skiracer Steel Index)

I don't think you're a monkey. I think you are authorative beyond your expertise in many areas, crave affirmation and praise beyond normal expectations of adults, and can dish it out but not real good at taking it back. Other than that I think you're ok.

[skiracer]

Ski,

If you owned CECE, would you care about the revenues currently generated from Steel? Would you care even more about the growth of those revenues over the next few years?

Honestly, I don't think you have the background to be making assumptions on the company's business prospects or current line of business. This is especially true if the extent of your DD is to read the company profile on Yahoo Finance or a simliar site.

Furthermore, this statement which you made is false:

Going to the company's website and using their internal search engine with the keyword "steel" yields more than 10 pages of results: LINK

Do you honestly think that I would just generically assign an evironmental company to a Steel Industry Index? What am I, a monkey? Geez, ski, give me some credit, dude. You're always trying to blast me and my ideas. How many more times do I have to prove myself?

And, it is a PSI, not an SSI.. The P is for peanuts, tell me when you make an SSI (Skiracer Steel Index)

I don't think you're a monkey. I think you are authorative beyond your expertise in many areas, crave affirmation and praise beyond normal expectations of adults, and can dish it out but not real good at taking it back. Other than that I think you're ok.