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.)
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Got some upward movement on VASC today with a little more vol....Lucked out on the GMAI announcement too.
VASC a tough channel read with that gap up back in March. Support is clearly at 10.00, and I'd look for a gap fill if 9.62 fails. Almost looks like a SHS formation, but it's not a very classic shape.
ELN short today at 21.98. EDIT: Stop 22.29 - above high of the channel signal day and give this a little wiggle room.
For those interested in options, I'd buy a couple of Aug 22.50s for 2.40
Got some upward movement on VASC today with a little more vol....Lucked out on the GMAI announcement too.
VASC a tough channel read with that gap up back in March. Support is clearly at 10.00, and I'd look for a gap fill if 9.62 fails. Almost looks like a SHS formation, but it's not a very classic shape.
GMAI on a tear for ya
Well Spike...Ya win some and Ya lose some...As long as you make more on your winners than you lose on your losers...Not worried about VASC yet...But RELV???...Thinking(Wishful, I know)...that investors got confused with the REV news today...not likely.
But overall, my main concern is WITS right now...Shoulda had a better plan I guess...But nobody is perfect...THX for your take...I always like to hear it...Best, IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Well Spike...Ya win some and Ya lose some...As long as you make more on your winners than you lose on your losers...Not worried about VASC yet...But RELV???...Thinking(Wishful, I know)...that investors got confused with the REV news today...not likely.
But overall, my main concern is WITS right now...Shoulda had a better plan I guess...But nobody is perfect...THX for your take...I always like to hear it...Best, IIC
Ya got that right.
Ya, RELV lookin a bit skittish. Sets up for a long though, with stop under yesterday's low. Intraday perhaps cup with handle bullish?? WITS - didn't like over 15.00 did it! Disappointing that is. Was looking good with bullish break of the wedge then fell on it's face....
Spike,, what do you think of ORCL right now. I bought today at $11.12 and hoping to sell in the next few days for $11.50, anythoughts, my charts say perfect time for a reversal.
Spike what about Dhb and Nvec, thanks in advance!!!
DHB you say???
HA HA HA!!! Yes, Websman is very happy with DHB! I have made significant gains on DHB and IPIX. I will take a profit on IPIX tommorrow, but I will hold DHB for larger gains. DHB was up in strong volume today.
I'm guessing that Spike will say that the entry point on DHB is gone for now and to look for another channel entry. But...hey..what does Websman know? Spike may say something something totally different.
EEFT: Had posted in another thread about this one the other day and thought it worth a review.....
post 1 was a warning for longs, but the next day a nice channel entry got a nice move happening: http://img47.photobucket.com/albums/...ng_warning.jpg
Spike whats your take on SNDK, it looks like it bounced off of 20 which seemd to be a major resistance point. Do you think it will have trouble moving ahead.? Looks like its going to be a big volume day
Comment