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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Ray Ray Ray...I posted this on Friday...Same company:
Overall, this was a pretty lousy week on the dt/st front...Lost over a buck a share on PTRY and PLXS...not huge $$$ though. Today I traded ZANE 6x
-.20
+.03
+.13
-.04
+.05
+.02
Lost a little overall on ZANE...I also traded ATVI for +.11 and LVLT +.03...Sold PRFT from Monday for +.20 today....My Pick of the Year... MPEL...I'm down over a buck...But MPEL is an accumulation type trade...Buy light and avg. up(maybe)...My #2 Pick of the Year...HMIN... is rippin'...But I don't have any.
Good News...I'm moderately heavy in ABAX up 21% today...Bad news...I bot it last May for 22.00.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Looks as if your top ribbon chart has converged. Might indicate a stalemate on the chessboard. I see you pic of the bear. I think I figured you’re not in the bull camp at this time.
Looks as if your top ribbon chart has converged. Might indicate a stalemate on the chessboard. I see you pic of the bear. I think I figured you’re not in the bull camp at this time.
Iffy on the SPX ribbon...However, the other indicators I show are all looking bearish.
The NDX looks worse...although(not shown)...The Naz Comp does not look nearly as bad.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Couldn't resist...went in QID again when it appeared the Q's had peaked...Was up almost a buck but I settled for .61.
Besides watching the charts I also watch what the most heavily weighted Naz 100 stocks are doing....Did you know that the top 10 carry about 52% of the weight of the Naz 100?
Here they are in descending order by weight:
MSFT CSCO GOOG INTC CMCSAORCL AMGN AAPL ERIC QCOM
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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