I have 34 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 knew I could turn you back into a Canslimmer...LOL
Doug, I forgot what the letters stand for. Can you refresh my memory? I know the C was for conservative, the N for Norquist, the R for rifle, the rest have me stumped.
Doug, Those 3 Weeks Tight lists can be swing trading gold. With proper stops set a person can make money with a less than 50% success rate. If you get a $400 gain for each $100 loss it adds up quickly to a great annual return. Checking industry strength and market trend also helps a lot.
----------------------billy
I knew I could turn you back into a Canslimmer...LOL
Doug, Those 3 Weeks Tight lists can be swing trading gold. With proper stops set a person can make money with a less than 50% success rate. If you get a $400 gain for each $100 loss it adds up quickly to a great annual return. Checking industry strength and market trend also helps a lot.
Even tho I'm still taking a break I did update the IIC 100 for next week...Never missed an update in over 8 years >>> http://sharptraders.com/iic100.html
If so, I am glad you took the time to check him out - there is a plethora of valuable free information. A person never knows what new and valuable pearls of wisdom await just around the corner in someone's post - I never ignore anyone - as one of your favorite "friends", and mine, Max Ehrmann, wrote in 1927, "... Speak your truth quietly and clearly; and listen to others,..."
Also, another special thanks to Doug for all of the "free" information he provides. Doug, you deserve a few months in the sun.
Today's your lucky day Billy...I found this site...just scroll down a little and enter your Ticker...Then click ENTER...RS will appear...Compared some tickers to Marketsmith...most are fairly close... http://chartmill.com/stockscreener.php
At http://finviz.com/ you can put in a ticker and it will show the Sector and Industry Group...Then you'd have to screen the sectors and/or groups to see their ranking.
RS...Hmm...I have access to a proprietary Database that gives me RS...Unfortunately that is not available to the public...Let me check around.
Doug, I'm looking for a source for free RS ratings (not RSI). I know everyone figures it differently but any source will do. I'm too cheap to buy an IBD paper and they don't give it away free, do they? Just a site where you can type in any symbol and they give you a number.
-----------------billy
Just remembered I also need a site where you can enter a stock symbol and get the industry group or sector of the stock and the strength of the sector (please not IBD) Thanks
Doug, I'm looking for a source for free RS ratings (not RSI). I know everyone figures it differently but any source will do. I'm too cheap to buy an IBD paper and they don't give it away free, do they? Just a site where you can type in any symbol and they give you a number.
-----------------billy
Just remembered I also need a site where you can enter a stock symbol and get the industry group or sector of the stock and the strength of the sector (please not IBD) Thanks
Last edited by billyjoe; 01-13-2013, 09:22 AM.
Reason: more info needed
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