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 own CYD too. It keeps going up and for some reason I don't trust it. It just hit a P/E of 20 today so I'm probably gonna cut my position and take some profits but still hold onto a little.
thought it had a climax top, when it gapped up two points to 29 but it kept running then came back a bit. Maybe settling in on a new base in the low thirties. I bet they will blow away estimates and that would be the only fuel to drive this diesel engine maker up up up. watch the weekly charts next, daily showed that "climax top" i thought i saw, so now i just will watch the weeklies. i would hold until a downward trend is spotted. i had no money but identified it at 21. good luck its a tricky stock, but i guess most are.
tjk
Still hangin' with CYD. Pulled the plug too early on appx crdn schn
and atrs . Most went up 10+ after I sold. CYD doesn't show any big sell signals yet. All I ask for is a few more days. Call it greed if you must.
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