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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looks like that wouldn't have been a bad idea, picking some more shares up under 100. I didn't consider it, though for 2 reasons.
1) I put my double-down money on HELE already.
2) It pulled back on news of lowered earnings expectations for sector.
I think if the stock drops on bad news, it's not always a good idea to buy more. Also, these attempts to beat the model don't seem to be working (for me anyway). Some turn out ok, but some backfire. I'm finding it not worth the effort to try to beat Ernie.
It amazes me how the whole market reacted to one pessimistic news release. CFC will make a lot of money next year and their stock valuation is cheap. If the market won't reward it with a higher share price, the company's management will certainly reward the shareholders some other way (buyback, dividend, merger, etc.).
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I am HUGE! Bring me your finest meats and cheeses.
Anyone think this stock is a good place to be going forward? It may be a good company, but for anyone looking for quick money (Mr. Market style, 4-6 weeks), I don't think this whole sector is going anywhere.
Any thoughts? Estimates as to how long this will take to go up 15%?
Anyone think this stock is a good place to be going forward? It may be a good company, but for anyone looking for quick money (Mr. Market style, 4-6 weeks), I don't think this whole sector is going anywhere.
Any thoughts? Estimates as to how long this will take to go up 15%?
I think CFC will make a lot of money in 2004. I like owning these kinds of stocks.
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I am HUGE! Bring me your finest meats and cheeses.
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Wow! CFC sold today for $85,90. That's in my records 37 in a row. A 15% gain in less than 2 month. And do you know what? I'm not even angry towards his Hugeness for not reaching the 4-6 weeks target, for me 7 weeks will do
Thanks Ernie, you're $$$HUGE$$$
NEW YORK, Feb. 3 /PRNewswire-FirstCall/ -- The Nasdaq Stock Market, Inc. ("NASDAQ") (OTC Bulletin Board: NDAQ) today announced that Countrywide Financial Corporation CFC has been approved for listing on the NASDAQ National Market(R).
Countrywide announced on January 12 that it intended to list on the NASDAQ Stock Market and The New York Stock Exchange.
"Countrywide has built a reputation in the financial services industry for leadership and innovation, and we welcome them to the NASDAQ family of companies," said Bruce Aust, executive vice president, NASDAQ Corporate Client Group. "We believe in the value of competition in the capital markets and the benefits it can provide to shareholders of companies such as Countrywide." Founded in 1969, Countrywide is a member of the S&P 500, Forbes 500 and Fortune 500. Through its family of companies, Countrywide provides mortgage banking and diversified financial services in domestic and international markets.
Companies wishing to dual list on NASDAQ must meet National Market listing standards. Firms listing on NASDAQ as well as the NYSE will trade under the same one, two, or three-letter symbol on both markets.
NASDAQ(R) is the world's largest electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category- defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology industries. NASDAQ is the primary market for trading NASDAQ listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems.
For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom(SM) at www.NASDAQnews.com.
You're target's 92.88, adjusted for the 4:3 split. So are you going to sell this one or what? I've got my finger on the trigger now at 93.2... no I've sold it now. Not gonna be a dick for a tick! Thanks for the pick!
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