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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Sold UNP wrong time , anyone got time machine I can borrow?
How do you know you sold at the wrong time? I imagine you mean because it's up today. No one wins that game. I try to think like Buffett: buy good stocks and over time you win. That's essentially what Mr. Market does, though his holding period is short. Do this and you'll soon have enuf money to invest in marijuana farms who have yet to plant a single seed.
Mark today as another distribution day. Despite that I bought some OPK. And still holding onto AFOP, BCOV, HCI, VICL, and INO. A bit more than I would really like to have but nothing has hit the sell button yet.
What do you think folks about the current sell-off?
It seems that we are going to touch the 4000 of Nasdaq Composite sooner rather than later.
Do you foresee other scenarios?
What do you think folks about the current sell-off?
It seems that we are going to touch the 4000 of Nasdaq Composite sooner rather than later.
Do you foresee other scenarios?
$SPX barely holding 50 dma of 1839.16. Support to test above 1820ish. About 15% +/- chance of breaking(?), then probably more weakness. Ouch!
Have been swing trading TZA and TNA with some success.
Gaining av. of $1K every second day. Can live with that. Kind of funny that I'm using my market timing instincts, and beating the $$$t out of Zack's market timing guy. Ha!
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