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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Yeah, I see what you mean. I'm such a damn moron. I hate losing! What I don't understand is that the TGE report was soooo good, but the price action was sooooo bad... ..
Yeah, I see what you mean. I'm such a damn moron. I hate losing! What I don't understand is that the TGE report was soooo good, but the price action was sooooo bad... This seems like its one of those stocks that you just buy on the fundamentals and then forget about the stock for a year or two. I really regret buying this for my MOMO portfolio.
I agree about AMEX, but just the opposite is true, as well. I have had wide and wild success with NGA, and it is an AMEX listing.
Check out this chart of the AMEX composite: CHART
I know you're not really that impressed with TA, but just a quick glance at this and immediately I'm cautious...
There's a little tag on the bottom of the chart that says "linkable version" - you have to click that link, then highlight the URL in the address bar, then paste it here, otherwise, you will always get the generic DOW Industrials chart that was linked in your previous post. Could you post it again? Thanks
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Peanuts,
Here's my take on TGE. Many people are going to dump a stock if it misses earnings for any reason. They'll think about unexpected one time charges after they've sold. It might have not taken nearly so big of a hit if it weren't for uncertainty over natl. gas and oil prices. Anything that can be considered negative will be used against such a stock now.
After reviewing the chart on ASVI, I've decided to hold for a while longer because of the long term bullish indicators.
Of course, I will also protect my gains, so I have decided to sell if ASVI drops below 15.90, which is 1.00 above my entry point. This will ensure that my winning trade will not turn into a losing trade, but also gives me a little room for a pullback, since the short term indicators point towards a little more drop in price.
Peanuts, I'll do some more charting tomorrow. But if 7.13 fails that wouldn't be a good thing for bulls.
Thanks Spike. I wanted to see how you figured that count. I think that the spike up from down around 7.10 was just more selling into any strength to salvage whatever they could. Big drop of around 1.65 after that spike up to resistance. I would be watching it for a short play right here at 8.35. If it drops farther and holds that drop around 10 am I would short it. Like you said if it breaches 7/13 it could be toast. Peanuts, are you still holding the position?
Unfortunately, I've got a death grip on this puppy. I put approx 25% of my MOMO funds into it. I really regret it, now, but I doubt I will sell anytime soon (unless the price goes up). The company is solid now, growing bigger, and its market will remain strong as long as humans need oil and gas over the next few years.
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
I have been working with a friend today developing the Earnings Growth portfolio for the 3rd Q. This file is the Excel file if you are interested in learning how I do my scan of earnings:
LINK (click this link, then you must wait 20 seconds, then click "Click here to download file.", then you can click "open" to view the spreadsheet - just be patient) whoops- made a small error on first post. Spreadsheet is fixed now. 10/20/06 8:39 pm
The highlighted stocks in Green are those which I think are good longs based solely on the results of EPS (ttm), P/E, P/B, P/S, EPS est, and Float. The main screen is for PEG ratio, and the list is only generated with stocks that have superior earnings growth (+35%) this quarter.
I have done no TA on any of these.
Anything draw your interest?
Hi peanuts. I just filtered this spreadsheet of "Earnings Growth Stocks" for Parabolic Madness!
If you're OK with it, I'll give it a PSP number and publish it at ParabolicPicks, referencing back to your thread.
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