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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Yup. I see it dropped 5.8% from the 'c' failure area.
Congrats on a nice trade dude!
Thanks to your input I had a close stop set up. I had to be on a site meeting in Margate,NJ just below Atlantic city, I sent that last message from the business center at the Taj Mahal. From there I went hunting and arrowed A small half albino buck. Oh yea, The cornig options up 54%. Only thing that will make this day any better is a fine piece of Xss.
I think It's time for my cheap ass to buy a lap top!!! LOL
Thanks to your input I had a close stop set up. I had to be on a site meeting in Margate,NJ just below Atlantic city, I sent that last message from the business center at the Taj Mahal. From there I went hunting and arrowed A small half albino buck. Oh yea, The cornig options up 54%. Only thing that will make this day any better is a fine piece of Xss.
I think It's time for my cheap ass to buy a lap top!!! LOL
Looks like BCRX has been a bit of a short killer lately...but, is it now coming into resistance? I think this whole Birdflu thing has been overhyped, and what comes up, usually comes down.
Even Cramer was screaming SELL SELL SELL on his show...
Now, I would rather listen to chartists than Cramer...
Thanks everyone...
P.S. Still holding my SMSC short - looking to cover it in mid $31's. I did add some now in the high $33's yesterday.
I dunno Runner.....WMT not the kind of stock that impresses me on the long side. Still sets up for me short bias.
I got it Spike. I’m not in it but have just keeping an eye. I’m not impressed with the upside potential of WMT. I was just thinking short term if it cleared 46.70 would indicate a possible bullish move.
Looks like BCRX has been a bit of a short killer lately...but, is it now coming into resistance? I think this whole Birdflu thing has been overhyped, and what comes up, usually comes down.
Even Cramer was screaming SELL SELL SELL on his show...
Now, I would rather listen to chartists than Cramer...
Thanks everyone...
P.S. Still holding my SMSC short - looking to cover it in mid $31's. I did add some now in the high $33's yesterday.
I never watch Cramer. When is he on and what channel? I'm getting a DVR upgrade on my DISH network soon. I'll record him.... although everytime I've ever seen him on the financial shows in the past.... my opinion was "that he's full of crap".lol
The reason I brought up BCRX and Cramer is because HE was the one who started the first crazy runup from 12 to 18. He mentioned it on his show...but when the stock went back down to 17, he said to sell it. And it fell back to almost 11. So now, it was 20.50+ as of yesterdays high and someone called his show and he just scramed get out....
So, fortunately or unfortunately, some stocks move only on his words INITIALLY. For example, he moved DECK from 24 to 30+. And he was right...they gudied well. But for every 2 he gets right, there are 3 wrong ones.
I am only in making money and not falling in love with Cramer.
P.S. Covered the rest of my SMSC at under 32. Will reload my short if I see it above 33.25+
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