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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IIC, I may keep an eye on it tomorrow just incase.
Hey...I like the title of your new thread!!!
BTW... I'm upgrading WITS from a Super Duper Long Term Accumulate to a Super Deluxe Sector Outperform...that oughtta be good for a 2 buck gap at the open...LOL
PS: Hey Stenz Call Briefing.com...
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Mixed Open Expected; Intel To Boost Tech Stocks, Employment Data To Drag - U.S. Commentary [INTC] 12/3/2004 9:17:55 AM Two powerful forces are fighting for traders' attention going into Friday's session, as positive guidance from Intel looks likely to boost tech stocks, but a disappointing November employment report will drag on many of the other segments of the market. Wall Street was unable to capitalize on a continued slide in oil prices on Thursday, as traders hedged their bets ahead of the monthly jobs report and left the major averages near the unchanged mark at the close. With expectations primed by October's sharp increase in payrolls, the November employment report, released before the opening bell on Friday, disappointed many economists, with fewer jobs being added during the month than had been projected. According to the U.S. Labor Department, non-farm payrolls grew by 112,000 in November, down sharply from the previous month's advance and missing the 190,000 increase that economists had projected. The unemployment rate for the month came in at 5.4%. Immediately after the release of the employment report, treasury yields, which broke to the upside at the start of the week and had continued to tick higher over the past few days, dropped sharply. While still up on the week as a whole, the yield on the 10-year note is currently at 4.304%, down 9.3 basis points on the day. Meanwhile, tech stocks will likely get a lift from positive guidance from Intel (INTC). In a mid-quarter update revealed after the close on Thursday, the chip bellwether raised its revenue guidance for the fourth fiscal period, attributing the revision to worldwide demand for its Intel Architecture products. Intel stated that it now expects revenue for the period of $9.3-$9.4 billion, rather than the $8.6-$9.2 billion it had previously projected. In other corporate news, Fifth Third Bancorp (FITB) revealed late Thursday that it is taking certain actions to restructure its balance sheet, including the sale of 20% of its securities portfolio and the retirement of about $3 billion in long-term debt. The company stated that these actions will lead to fourth-quarter earnings of about $0.28-$0.30 per share. Wall Street analysts were projecting a profit of $0.82 per share.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Caught .19 a sh on it ...News play gapped...waited for a p/b...owned it for 8 mins
Bot/Sld it 2 more times...-.08 and +.15...last time I sold at 3.00 'cause I had to leave...then it went up qite a bit more...such is life when you have a job...but I'm not gonna complain...IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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