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 like this... one day of one, followed by 2 days of "none," and then 2 more days of only one.
I bought 2 positions today towards the close of the day. One was AAPL. The other is too small to mention. The position that I also bought on Friday was up 5% today.
This is a buyers market for now. I like when folks get skeered in an uptrending market
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
A simple explanation would be to buy stocks that appear 3X or more on this list. These all have great fundamentals and keep bouncing back both in price and volume.
Here are 3 examples: ENTR, SPRD, ACTG
ENTR- posted 3/13, 3/16 (ski recommends buy), 3/19, 3/29. River buys at 4.86 around 3/29 price hits 8.33 on 8/10. If she held that's +71%
SPRD- posted 5/5, 5/18, 5/21, 6/2, 6/21. I buy at 8.40 on 8/29 and sell at 10.59 on 8/9 gain of 26%
ACTG- posted4/23, 5/10, 6/15, 6/25, 7/13. I buy at 14.73 on 6/29. It gains 18.6% today. Still holding.
Stocks can't get posted 2 consecutive days. Only if they drop below the qualifying levels , then rebound, are they reposted. Therefore, stocks posted multiple times show great resiliency. They also must have volume increase of 50% above average to be mentioned.
Although River and Ski could tell you more about the charts on these 3, they appear to oscillate within a 5 point range and can be quite profitable if played correctly.
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