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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a nice play and gain rob. congrats. those big gaps up are just made for filling the gap back down. i would take the money and run while i had it in hand. i see no reason for it to hold this level. it hasn't in the past when it has done this on other occassions.
this one has exhibited a tendency to fill in those gaps and presented a good case today for the reasoning behind taking those gains while you have them in hand. big gap back down today giving back most of those gains this week.
Hey Ski...How come when I click Skiracers Slopes in your signature I get my own Stockcharts Homepage? Does everyone get my Homepage???....If so, Thx for the FREE Ad
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Yes, Skiracer, it would have been nice to have sold on Tuesday and bought back again Friday ... but my approach is more of a long-term one with the primary emphasis on fundamentals.
IMCL is a bargain at this price, and I'm considering adding some more. The only thing holding me back is the fact that I already have such a considerable stake in it, and I do not sleep well when I'm too heavily weighted in one stock.
The FBR downgrade was a farce. They had a much higher price target before the excellent lung cancer news broke this week. This is a good buying opportunity in my opinion.
Hey Ski...How come when I click Skiracers Slopes in your signature I get my own Stockcharts Homepage? Does everyone get my Homepage???....If so, Thx for the FREE Ad
i haven't been posting any charts at their site for the past few months. i have been real busy with the construction management projects and haven't really been trading or have the time for posting some charts over there. i'm getting to a point where i will be able to get started up to regular trading but the markets are to dangerous right now for me. get all the free advertising you can get for the time being. i think that once i post a chart over there it will go directly to my charts again.
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