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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wow Peanuts, nice trade ! What did you see today that led to that short?
A change in sentiment throughout the market, but especially the profit taking talk I've been hearing. It's up nearly seven fold since the bottom... there's some nice money to take off the table. But I can see it going up tomorrow as well... this market is nuts
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
I screwed things up by trading in and out and against the grain. That wasn't too smart and against my strategy towards the contest that I told myself in the beginning of the year. Unless spectacular opportunities come about, I doubt I'll be trading like that again.
So, I'm going to go with the grain this week, and take a new stock (actually an ETF) for me... DBBlong, please and thank you
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Trying a neat currency method on stocks, I won this week, go me !
Rob took 2nd going long on Ford, well done sir ! Peanuts almost took 2nd but his 2nd and 3rd picks didn't go nearly as well as his first, congrats on 3rd !
Good luck all ! We're nearing the halfway mark and IIC still leads the way, followed by Karel...
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