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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Well it looks like you've hit the nail on the head again, Spike. That chart didn't lie to you. BPT dropped to $56 this morn, worked back up to $59.80, now headed back to $56. The selling has begun. And it looks as if people are taking that money and pumping it into EENC. Makes me wish I'd not sold my shares at $18.40 . . . .
Well it looks like you've hit the nail on the head again, Spike. That chart didn't lie to you. BPT dropped to $56 this morn, worked back up to $59.80, now headed back to $56. The selling has begun. And it looks as if people are taking that money and pumping it into EENC. Makes me wish I'd not sold my shares at $18.40 . . . .
Greetings,
Spike sure can call-em.EENC is going to break 20 today,could you give an opinion on PGH Spike?
Thanks
Since the world of canroys has been opened for me, ya for sure! Great vehicles and very tradeable short term swing wise. EENC and PGH great examples of stocks that respond really well to channel action - at least recently anyway.
I am a new poster here. I would appreciate your take on PFSW's chart. They post earnings next week.
You have changed your avatar. Are you bullish on the market right now?
Tag
Hi b_c, welcome to the site and thread.
I'm still bearish for the moment - if you look closely, that Avatar is actually a pic of a bear picking up an unsuspecting bull, about to throw it to the ground.
PFSW, some thoughts:
FBR === There is a chance we may have found another one of thoughs charts that make your bull juices flow. Post a chart and comments if you would please. ===> M.E.A.
FBR === There is a chance we may have found another one of thoughs charts that make your bull juices flow. Post a chart and comments if you would please. ===> M.E.A.
Yup. This one has potential. Pretty good entry at these levels with stop under red trend line somewhere. Needs to keep the ascending triangle pattern to remain valid. Target 28.70.
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