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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Rob, if being wrong is right, then I never want to be right again. Does that make sense?
Geez this chart looks just aweful, and one of their competitor's earnings release had a negative price reaction, so one would assume that NCTY would follow in their footsteps tomorrow and drop off a cliff like the chart would indicate, so.....
LONG NCTY
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Rob, this ain't so bad, being wrong all the time.... as long as I keep doing the opposite of what I think I should do, I might just beat Spike and Karel for the yearly contest!!!!
Please sell NCTY
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Rob, this ain't so bad, being wrong all the time.... as long as I keep doing the opposite of what I think I should do, I might just beat Spike and Karel for the yearly contest!!!!
Please sell NCTY
While I don't object to being viewed as a HUGE stock picker, I feel obliged to point out I got lucky. The return of my total QHF portfolio (where I get my POTW picks from) is about 24%; my accumulated total in the POTW is 70%, and that difference is by pure chance. So it's time for a reality check. With 24% instead of 70% I wouldn't be second but, let's see, third of the POTW bunch. Ho hum! What's this? Perhaps I am huger than I thought I like reality checks!
Regards,
Karel
My Investopedia portfolio
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