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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Definately worth stalkin' long side. Here's the count I'm liking at the moment. Good luck with it Ski!
Thanks for your take on it Spike. I like how you get it down to the sub waves within the large wave pattern. It takes alot of patience to root those subwaves out and to number them in a logical order within the larger pattern itself. Glad you like it long here. I'll be stalking it Monday a.m. to see which way the wind blows.
I want to stick with NOK. Looks like from the rules I have to say that, it doesn't just default to the same as last week.
You are correct. However, if you would like to have a stock "carved in stone" for a few weeks, you can do that too. The movement from market open for each week to market close for the same week will be your score- not the entire movement from your start date to close date. It's a weekly contained within a yearly contest. The weekly contest, which came before the yearly, takes precedence.
I'm glad that you are participating
I wish some of the other members which have decided to enter picks in the past would continue to do so each week. It doesn't take longer than 5 seconds to type, "XYZ long." I mean, how busy can someone be that that is an impossibility?
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
I have a suggestion...To get more participation in the contest...Maybe Mr. Market could send out a broadcast email to the 2000+ members here suggesting that they check out this thread.
Come to think of it...He could do that for my thread too...jk...lol (However, I am serious in the paragraph above)
"Trade What Is Happening...Not What You Think Is Gonna Happen"
I have a suggestion...To get more participation in the contest...Maybe Mr. Market could send out a broadcast email to the 2000+ members here suggesting that they check out this thread.
Come to think of it...He could do that for my thread too...jk...lol (However, I am serious in the paragraph above)
I think we should all put up 20/25 bucks apiece in an escrow account and everyone is in for 5 bucks a week just to make it interesting and then there is something there to strive for. I bet that would peak everyone's interest and make them think more about their picks beforehand. That would be nice and would draw more players.
I have a suggestion...To get more participation in the contest...Maybe Mr. Market could send out a broadcast email to the 2000+ members here suggesting that they check out this thread.
Come to think of it...He could do that for my thread too...jk...lol (However, I am serious in the paragraph above)
I don't care how many people enter the contest (though lots of participation will make for a better contest). What I do care about is the slugs that enter a pick only one or two weeks in the entire quarter and that's it!
It shows very poor consideration for the scorekeeper and the spirit of this contest, but that is a biased opinion, of course. Maybe they just run out of ideas often, and can't admit to it by saying, CA$H. We'll never know, I guess Until then, I happily deduct 3% of their worth from thier portfolio each week.
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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