I have 36 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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Buy the 10 picks tomorrow at intraday support levels.
Max -20% risk on any 1 position
Close the entire port as soon as the average percentage loss hits -4% and take that minimal and still respectable loss.
Target 15% for the port average.
Breakeven stop on all positions once it gets to good profit.
If anyone is interested, I've started recording the Crop series at a blog now for anyone wanting to post questions to clarify what it is, rules, etc. The beauty of blogging is the option to link posts to a category when I post them...so so it'll make searching for Crop-related posts (and anything else for that matter) very simple. It may also perhaps attract a wider audience of readers that I can link back here to Ernie's website.
Spike
Thanks for the blog site. It will make it much easier to go thru your posts subject related. I use SharpReader to subscribe to RSS feeds of the blogs and this would be one of the top reads there.
Spike can you post your rules for the Creme of The Crop I can not locate them as always thanks much
RL,
Crop rules for this fresh Crop remain unchanged.
Buy the 10 picks tomorrow at intraday support levels.
Max -20% risk on any 1 position
Close the entire port as soon as the average percentage loss hits -4% and take that minimal and still respectable loss.
Target 15% for the port average.
Breakeven stop on all positions once it gets to good profit.
If anyone is interested, I've started recording the Crop series at a blog now for anyone wanting to post questions to clarify what it is, rules, etc. The beauty of blogging is the option to link posts to a category when I post them...so so it'll make searching for Crop-related posts (and anything else for that matter) very simple. It may also perhaps attract a wider audience of readers that I can link back here to Ernie's website.
With all the goings on with GOOG, what are you thoughts on the chart for the next 2 weeks? I am thinking of selling some March calls, and to my eye, it looks like there is quite a bit of resistance in the $395-$405 area. In addition, the 50-day moving avg is at $410 and heading lower every day.
Do you have any thoughts? The March options expire on March 17...
Thanks!
P.S. I expect all of the analysts to come out and give their blessing following the analyst day today, so there is really a good chance that it may gapup and open over $390 tommorow.
Crop 4 is still open with +5% system average at the close. (new rules)
Crop 3 stopped out -4% (new rules)
Crop 2 closed +8% (previous leveraging rules) and +15% (new rules)
Crop 1 closed +6.5% (previous leveraging rules) and open +13% (new rules)
Note: Rules for Crops 1 and 2 involved elimination of weak stocks and leveraging into the strong ones. Rules from Crop 3 onward keeps the original picks open and there is no elimination and leveraging. I will keep these rules for the Crop Series from this point onward.
I will also be originating the Crop series from a personal blog at some time in the future, so stayed tuned.
It's that time again folks! Creme of the Crop that is!
MM's The Exelauno Day Data Dump has been done today, and therefore, Creme of the Crop #5 will be on the table tomorrow for entries. I've got the short list done and this one is gonna be tricky getting this list of 45 down to 10.....I'll post the final 10 tonight and buy them at intraday levels of support tomorrow. Stay tuned folks!
My short list:
lkqx luk mdr mek mtxx oats oxps pcu pets pozn rsti sbac scss spil talx ts wfr abax acli airm alks asf baby bits blkb bmrn celg ceo cib clg cmc cme diod dmx fto ggb hans hbx iiin ilf ips ise jlg joyg knot
Since Im still with Scottrade for the time being,and they dont allow short trades below $5,Im considering SIRI here on the short side at 5.08,downtrend looks fairly strong.
cordially Tom
I like SIRI short. Could be coming off a 'c' short back there on Feb 15, and with that volume gap down, this little 4 up by the looks today...so 5 down coming? Also I like the weekly long-term broadening triangle it just recently broke down. SIRI at risk of getting hammered.
Concerning my past bottom call on ZICA,Im willing to put my money with it now.
In at 1.65,stop at 1.55,target way up.
thoughts by anyone?
cordially Tom
I'd rather risk 6% elsewhere. But good luck dude! Hope I am way wrong...
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Greetings once again Spike,
Since Im still with Scottrade for the time being,and they dont allow short trades below $5,Im considering SIRI here on the short side at 5.08,downtrend looks fairly strong.
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