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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AAPL bullish bias for me. It's coming off a daily 'c' that confirmed yesterday, and intraday shows the support volume there, and a pattern to look fer upside. I do see the SHS with neckline break, and kiss of death intraday, but I'd pass on that considering the other stuff.
Spike, how's it goin dude?? Still no computer but trying to trade the best I can. Do you see a triangle on SUF? What's your bias on it? Thanks!
Hey dmk! SUF; ouch fer the bagholders at 19.00. There were a couple profit-taking tags on the way up.....sometimes greed is bad hehe But seriously, that's a wicked reminder of how stocks can bite.
Bias is bearish for me; channel turn down from the 6.75 low, channel turn down from the 7.40 low, gap down on high volume, yuck money flow, price by volume above. No way I'd be holding this one long.
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