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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I like TPX. Growing nicely, good margins, and still reasonably valued despite strong stock performance. Of course, that just gets it on your list... this must be true of the others, as well.
Trading volume is decent and consistent, unlike one or two of those others.
But above all, I am tellin' you now, once you sleep on one of those things, you will NEVER go back to anything else. I hope you pick this one just so I can see the inimitable $$$MR_MARKET$$$ write-up for it.
TPX for a month, or so.
Of course that is based of looking at the returns for the past month.
EXM has fairly low vol over the past month. So, if there are options for it, it could make a nice "surprise" play. Especially since your picks seem to pick up in vol after you list them.
They are all fine stocks, and all ought to make MM's 15%, but we are looking for the stock that will make the 15% first. The TIMING is so important . . . .
Here's my ten-cent view:
TPX: looks ready for a pullback before proceding higher.
SPAR: wow, what a pop tow days ago. Too bad you didn't buy it then. Now she needs a modest pullback before proceding higher. Nice stock.
RKT:what a chart. I think MM buys this one.
AKH: French airline? Two reasons not to buy, ever! Wouldn't consider this stock no matter what the chart looks like!
EXM:Lots of potential here, as seen in Ski's chart, if she can clear the $16.89 resistance on volume.
RTK: Nice stock but I think it needs to consolidate some of these recent gains before a continuation of the uptrend. This stock just doubled in the preceding 8 months.
I agree with NBB on airlines -- I have gotten burned on them on two different occasions -- so now I just ignore them no matter what the fundamentals -- there are other stocks with equal or better potential.
All of the others are fine -- the key is the entry point -- some may never look back from here -- but I believe having patience in this current market will pay off. The $VXO is below 10 and the $VXN is nearing its December low -- and in the past this has resulted in a pullback in the market for a week or so.
Tim.
Last edited by mimo_100; 02-20-2007, 10:07 AM.
Reason: clarification
I agree with NBB on airlines -- I have gotten burned on them on two different occasions -- so now I just ignore them no matter what the fundamentals -- there are other stocks with equal or better potential.
All of the others are fine -- the key is the entry point -- some may never look back from here -- but I believe having patience in this current market will pay off. The $VXO is below 10 and the $VXN is nearing its December low -- and in the past this has resulted in a pullback in the market for a week or so.
Tim.
Tim,
Warren Eugene Buffet says that the first dollar is yet to be made in the airline industry.
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