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.)
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Oil is controlled by unregulated traders in European Dark Rooms at 16/1 margin...I think it is about time the ICE is kicked out of Atlanta...As for financials...Let's bring the Fantasy banks under control...I'm not much of a Gov't Control kinda guy...But I think the Gov't should step in and regulate the LEH's of the World http://www.marketwatch.com/news/stor...&dist=hplatest
BTW...Besides China...Mexico should increase gas prices domestically...otherwise their oil industry is gonna be in BIG trouble
Agree., i wouldnt be surprised if the market came all the way back and finished green on this freak friday.
WASHINGTON (AFP) - The slowdown in the US economy is not as bad as previously estimated, the International Monetary Fund said Friday, lifting its growth estimates slightly for 2008 and 2009.
When is silver going to take off? It is the most depressed of all the metals IMO.
Dunno, but I believe you're correct about that. It's not quite as depressed as it was a few years ago. In 2005 I bought in (SSRI) and sold for a 40%+ gain six months later, and decided not to reenter, knowing that Buffett had exited his silver position. Who knows when it's going to pop again, but if it drops down to $8 or $9/oz, I would say it's a steal, and would buy in again and hold onto it.
The markets may be down .......but on the worst days SOME stocks are reaching their 52 Week Highs.........and there is where you want to be !
Good point. The stock market is a market of stocks. Even in these times there are hundreds of boring little companies that have been quietly growing their earnings quarter after quarter after quarter.
=============================
I am HUGE! Bring me your finest meats and cheeses.
Quote: Originally Posted by Peter Hansen The markets may be down .......but on the worst days SOME stocks are reaching their 52 Week Highs.........and there is where you want to be !
Good point. The stock market is a market of stocks. Even in these times there are hundreds of boring little companies that have been quietly growing their earnings quarter after quarter after quarter.
On Black Monday, Oct. 19, 1987 there were 137 Naz and 52 NYSE stocks that closed up...3 stocks hit new highs that day...I'll give a virtual trophy to anyone who can name those 3 stocks.
There's always some MoMo somewhere...Doug(IIC)
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Comment