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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Morning Movers: DELL SUNW SIRI HCTL NVEC PEIX VICL NG ERICY CGPI MFLX NCTY GTOP GILD NYNY MGPI LVS TIVO MARSB KMI VOD USO CHK GG TS NBIX HAL AL CVX CPRT ANDE
SIRI has been in a nice slide and is currently testing the upper channel. A pop above may signal change in character or a drop under today’s low may offer a short.
SIRI has been in a nice slide and is currently testing the upper channel. A pop above may signal change in character or a drop under today’s low may offer a short.
Nice going with the gun stock Doug!!
Thx Runner...Been watching it since March 13...Worth a shot...But I didn't have time ...Met w/ my trading partner on Sunday...We went over a lot of charts...I told her to buy it...But she called me this eve...tells me she missed it...Best, Doug
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Doug, I’ve got it on my screen and I want this break to work and gain more momo. I may be looking to get in on a pullback. I’ll let it prove itself first. Hope it accelerates upward for ya….
Doug,
What's the advantage of having a trading partner ? Are there tax implications?
billyjoe
The advantage is to have a trading partner who is smarter than you are...We don't put our money together...We share ideas...And we are basically looking for the same stuff in different places...Doug
"Trade What Is Happening...Not What You Think Is Gonna Happen"
For any Newbies...The Daily MoMo list consists of stocks in the Top 5% of my Relative Strength Database that closed up at least 2% on at least 1.5x Average daily Volume(50)...My database has just over 5,500 stocks. My RS numbers do not necessarily match others as mine goes from 1-100, I have less in my database and we probably treat IPO's a little differently...But the RS formula is pretty basic so my numbers are very close in most cases.
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