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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While I am happy with my profit in my pocket, it kinda makes me sick to see this thing keep climbing. Spike you said yesterday you thought it may stop around this level, what do you think it will fall back to? Channel bottom around 50 mid line is at around 57. This thing is on fire though.
The two big names in Flash are SNDK and FLSH, Lexr is prolly the least well positioned company out of the three(FA). LEXR just doesn't have the production/pricing capabilities of a SNDK, and almost went bankrupt alittle while back. I am no TA expert but looking to the future based on products and potential the big trophy goes to SNDK and FLSH.
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