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'm a slow learner. Just realized that even if SHLD goes to zero the most I gain is 100% and I could still finish way behind the leaders. Still nobody ever went broke taking 100%.
-------------------billy
Still nobody ever went broke taking 100%. Correct!
John Henry, How did you find that? 10 years ago and I can't remember the discussion ever taking place. It all makes me even more confused although I'd be happy to gain only 100%.
Me, too. I'm not willing to go that far to read any news, however exciting. If there's another link that's easier to access, I'd be interested in seeing it, though.
... there is another group of people who advocate that just the first five trading days of January are predictive of the rest of the year. We took data from 1950 through 2013 for the S&P 500 Index and then calculated both positive and negative results on a weekly and monthly basis.
For the 64 years from 1950 through 2013, a positive return in January was predictive of a positive return for the year 92.5% of the time. A positive return during the first five trading days of January was predictive of a positive return for the year 90.0% of the time.
A negative return in January was predictive of a negative return for the year 54.2% of the time — basically not predictive at all. A negative return during the first five trading days of January was predictive only 50% of the time, amounting to nothing more than a flip of a coin.
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