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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I got to thinking...Maybe I'll come up with a home study course with an exam at the end. If you pass the exam I'll send you a certificate suitable for framing...Plus, I'll even pay to have your name printed in IBD...all for only $495.00...YOU SAVE $6,500.00.
I got to thinking...Maybe I'll come up with a home study course with an exam at the end. If you pass the exam I'll send you a certificate suitable for framing...Plus, I'll even pay to have your name printed in IBD...all for only $495.00...YOU SAVE $6,500.00.
What should I call it?...CAN'T SLIM???
That's a savings of $6005.00!!!
SIGN ME UP!!!
Webs...I think you are a pretty cool guy(or woman???...not really sure)...but you need to get a new calculator...$6,995 - $495=$6,500
"Trade What Is Happening...Not What You Think Is Gonna Happen"
I got to thinking...Maybe I'll come up with a home study course with an exam at the end. If you pass the exam I'll send you a certificate suitable for framing...Plus, I'll even pay to have your name printed in IBD...all for only $495.00...YOU SAVE $6,500.00.
What should I call it?...CAN'T SLIM???
That's a savings of $6005.00!!!
SIGN ME UP!!!
Webs...I think you are a pretty cool guy(or woman???...not really sure)...but you need to get a new calculator...$6,995 - $495=$6,500
My wife says I'm a guy...lol
By golly, you're right!!! It does come out to $6,500! And to think...I spent all that time in grade school and received my 6th grade diploma...for what?
After I posted that I got to thinking...It is Websman...not "WebsWoman"...Anyway, doesn't matter to me one way or the other...You seem like a good person.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
I read a post you made on the IBD board where you said you trade through a tax deferred account. I do the about the same thing. I have a sharebuilder account which is tax deferred. I'll have to pay tax when I retire, but until then, I'll keep trading with Uncle Sam's money.
I read a post you made on the IBD board where you said you trade through a tax deferred account. I do the about the same thing. I have a sharebuilder account which is tax deferred. I'll have to pay tax when I retire, but until then, I'll keep trading with Uncle Sam's money.
My accounts are as follows...ROTH IRA which I could not contribute to this past year, My wife's IRA, An old Rollover IRA and a cash account...I had another cash account which I closed last year...It was for Penny Stocks...didn't work out that well...But it was sorta fun!
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Could you help me? I have five children. Each has his own account to help save for college. The three oldest have $1,000; the two youngest have $500. Is there anyway to avoid paying taxes as these are to be college funds.
Also, any advice about my own personal account and saving on taxes would be appreciated.
Learn about saving for college, 529 plans, financial aid, scholarships, FAFSA and student loans. Calculate college costs, loan payments, savings goals and SAI.
I won't vouch for the accuracy of the site though 'cause I don't know that much about it...Best, IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
WESTBURY, N.Y., Aug 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- DHB Industries Inc. (Amex: DHB), the market leader in the rapidly growing protective body armor industry, announced today it plans to release its financial results for the second quarter ended June 30, 2004 after the market close on Thursday, August 5, 2004. Subsequent to the release, DHB will discuss its results during a conference call to be broadcast live over the Internet starting at 4:30 p.m. eastern standard time.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
[code:1:096f8f2017]Final Nasdaq Indexes Composite 1892.09 Up 4.73
. High Low Last Change
Comp 1893.13 1869.66 1892.09 Up 4.73
Inds 1560.87 1540.19 1560.87 Dn 2.48
Bank 2859.19 2830.13 2859.16 Up 8.12
Insr 2997.41 2972.82 2996.97 Up 1.06
Ofin 3131.66 3088.86 3131.66 Up 5.20
Tran 1846.07 1813.22 1846.07 Up 12.50
Telecom 173.58 170.39 173.18 Up 3.37
NYSE Composite Market Diary
. Today Prev Day
Advanced 1,944 2,050
Declined 1,291 1,189
Unchanged 159 141
Total Issues 3,394 3,380
New Highs 63 64
New Lows 40 24
DOW JONES STOCK AVERAGES CLOSING RANGE
. OPEN HIGH LOW CLOSE CHANGE
IND 10108.81 10224.29 10063.75 10179.16 UP 39.45
TRN 3105.46 3143.76 3076.19 3134.15 UP 22.46
UTL 281.09 284.01 279.46 282.73 UP 1.42
65 2999.07 3033.54 2980.85 3021.24 UP 15.10
Dow Jones Market Diary
.Today's summary of the movement
of components of the Dow Jones
Stock Averages-
Advanced Declined Unchanged
30 Indus 24 6
20 Transp 11 8 1
15 Utils 10 4 1
65 Stocks 45 18 2
[/code:1:096f8f2017]
"Trade What Is Happening...Not What You Think Is Gonna Happen"
After a wobbly start, U.S. stocks end higher, with investors having little reaction to heightened terrorist threat, which included New York Stock Exchange among its objectives. DJIA gains 39.45 points to 10179.16, while Nasdaq rises 4.73 to 1892.09. Financial institutions identified as targets operate under stepped-up security. Read Special Summary on Terror Alert.
NYSE SEEKS TO EXPAND ELECTRONIC TRADE
Proposal submitted to SEC seeks "hybrid" market that would greatly expand investors' ability to have trades executed electronically without interference from exchange's floor members.
US MANUFACTURING RISES IN JULY
Institute for Supply Management index of manufacturing activity rebounds to 62.0 in July, vs. 61.1 in June. But Commerce Department says construction spending in June suffered its first decrease in five months as residential outlays tumbled.
ADOBE SYSTEMS BOOSTS 3Q FORECASTS
Shares rise 4% in late trading after Adobe raises its 3Q earnings guidance to 36c-41c a share, citing higher revenue from its Adobe Photoshop, Creative Suite and Acrobat software.
PRICELINE.COM FALLS ON 3Q FORECAST
Internet travel firm's shares drop 11% late after it says it expects 3Q pro-forma earnings of 25c-30c a share, below 31c expected by Wall Street. Priceline also reports 2Q net of $12.8 million, or 32c a share, 1c above analysts' expectations.
PROCTER & GAMBLE GAINS ON 4Q, OUTLOOK
Shares climb 2% after consumer product giant posts 44% increase in 4Q earnings on 19% jump in sales to $12.96 billion. P&G also says it expects to continue double-digit earnings growth for fiscal year.
CORINTHIAN COLLEGES FALLS ON WARNINGS
Shares plunge 45% after education firm lowers revenue and earnings forecasts for 4Q and full year, citing higher costs related to marketing and advertising and negative publicity surrounding lawsuits filed by former students.
FORD CREDIT TO OFFER LOANS IN CHINA
Ford joins elite club of auto makers, announcing it has won approval to provide loans to customers in China. New venture will invest initial $60 million for capital requirements, and is part of company's $1 billion China expansion plan.
JC PENNEY GAINS ON BUYBACK PLAN
Retailer's shares edge higher after it says it will use proceeds from sale of Eckerd and existing cash to buy back up to $3 billion in common stock and retire $2.3 billion in debt in 2004 and 2005. Says July same-store sales rose 8.1%.
COX SOARS ON PLAN TO TAKE IT PRIVATE
Shares jump 20% after controlling family, which owns 62% equity stake in Cox, unveils proposal to acquire Cox's publicly held 38% stake for $32 a share in cash, or $7.9 billion. Buyout is proving a vote of confidence for cable sector.
CABLEVISION RISES ON COX PROPOSAL
Shares gain 10% as proposed buyout of rival cable operator Cox Communications renews speculation Cablevision will be taken out in an acquisition.
DIRECTV BUYS PEGASUS ASSETS FOR $875M
Agrees to acquire Pegasus Communications' bankrupt satellite-TV business for $875 million in cash, increasing per-subscriber offer it made before Pegasus unit filed for Chapter 11. Pegasus shares gain 1%; DirecTV adds 2%.
FIFTH THIRD BUY INCREASES SOUTHERN PRESENCE
Fifth Third's $1.58 billion acquisition of First National Bankshares of Florida will give it more than 90 offices and more than $6 billion in managed assets in Florida. Fifth Third shares edge lower; First National adds 36%.
REYNOLDS GAINS AS 2Q NET DOUBLES
Shares of Reynolds American, holding company formed by merger of R.J. Reynolds and Brown & Williamson's U.S. unit, rise 3% after R.J. Reynolds' net climbs to $151 million from a year-ago period hampered by restructuring costs.
NISSAN SEES TITAN SALES UP AFTER REBATE
A month after slapping a $1,000 rebate on its new Titan full-size pickup, Nissan is seeing rising sales, putting auto maker more or less on track to hit its target of selling 100,000 Titans in its current fiscal year.
AMERICAN AIRLINES ENDS FARE HIKE PLAN
Airline gives up on proposed fare increases after some carriers decline to match hikes on all their seats. American decides to follow United Airlines in making new round of price cuts on some routes. Shares fall 2%.
FRANKLIN PAYS $50M IN SEC SETTLEMENT
Under deal, Franklin Advisers will pay $20 million fine and return $30 million to shareholders SEC says were harmed by rapid trading, which isn't illegal but can hurt long-term fund holders by raising costs and lowering performance.
BOSTON SCI GETS NEW STENT COMPLAINT
Receives report of "slow-deflating" balloon in non-recalled batch of coronary stents, but says apparatus not defective. Medical community and analysts watching closely for problems after limited recall on July 16. Shares lose 2%.
INVISION DROPS AS PROBE DELAYS GE DEAL
Screening-equipment maker's shares fall 12% as looming Dept. of Justice and SEC investigations may delay GE's $900 million acquisition of company.
UNOCAL 2Q NET DOUBLES
Oil and gas firm's income rises to $341 million, or $1.25 a share, aided by higher commodity prices and lower exploration costs. Excluding items, adjusted EPS improves to 86c a share, 10c above views. Shares fall 4%.
COLLINS & AIKMAN 2Q HURT BY HIGH COSTS
Restructuring efforts, high launch costs and rising steel prices lead Collins & Aikman to report 2Q loss of $29.7 million, but company officials say many of those problems won't occur in coming quarters. Shares up 2%.
WHITE HOUSE WATCH
Bush Walks Fine Line On 9/11 Report
Recommendations place president in awkward position of saying he backs them, while also fending off accusations he should have acted earlier. Bush tries to make point he has already done much to make country safer.
LATE TRADING
Priceline Plunges; Adobe Gains
Shares of Priceline.com plummet after online travel agent issues 3Q earnings forecast that misses Wall Street targets. Adobe Systems adds 4% after company says it expects to beat its fiscal 3Q targets on higher-than-expected revenue.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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