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.
Yup. Gobbled up that 2.7% risk as the ascending pattern failed.....actually double bottom entry at 27.45 with 1% risk stop under lod is another good r/r setup usin' the old buy support mentality.
No option chain on this one. You'd think that they'd have one on a $28 stock. That may be why HURC fell as hard as it did.
$pike:
Tradin' SUF today. Explosive move up from $6.60. You can buy the stock for $7.50 and sell the $7.50 MAR calls for $.95. That's about 12.66% in less than one month . . .
$pike:
Tradin' SUF today. Explosive move up from $6.60. You can buy the stock for $7.50 and sell the $7.50 MAR calls for $.95. That's about 12.66% in less than one month . . .
Unless it closes at $6.55, in which case your total return is 0%. That's always a possibility.
No option chain on this one. You'd think that they'd have one on a $28 stock. That may be why HURC fell as hard as it did.
NBB,
I was wondering about the options myself. Are you in on the GGB tip from $$MM$$ I have March 06 options at $.70. My plan is to wait till it is closer to the 24+ target. This should put me near 200% profit. I feel like a pig. You think I'm heading for the sluaghter house?
NBB,
I was wondering about the options myself. Are you in on the GGB tip from $$MM$$ I have March 06 options at $.70. My plan is to wait till it is closer to the 24+ target. This should put me near 200% profit. I feel like a pig. You think I'm heading for the sluaghter house?
Adam
I don't know if you are going to get slaughtered or not. GGB looks good still. But one thing you could do is take some off of the table to ensure a profit. Perhaps selling half would be wise . . . perhaps not. My personal rule is always to be satisfied with a profit. I never look back and say, "I coulda had more."
Back to VLO. If I owned VLO calls at $60 for next Jan, I would be holding them. I think she's going to get there. I am not confident that VLO is going to break $100 per share. In fact, I really expect VLO to touch $60 by March 17.
I don't know if you are going to get slaughtered or not. GGB looks good still. But one thing you could do is take some off of the table to ensure a profit. Perhaps selling half would be wise . . . perhaps not. My personal rule is always to be satisfied with a profit. I never look back and say, "I coulda had more."
Back to VLO. If I owned VLO calls at $60 for next Jan, I would be holding them. I think she's going to get there. I am not confident that VLO is going to break $100 per share. In fact, I really expect VLO to touch $60 by March 17.
As a rule I always sell half if I hit 100% profit. That may sound a bit piggish but in options if chosen right 100% profit is not to odd. From there I don't worry so much about the ups and downs. I will hold VLO. If it hits 60 I will be happy.
Today's daily thoughs; profit-taking going on now, but I would expect support to come in now that the gap has been filled. I think the bias is clearly long while 42.87 holds..
Weekly has had an expanding profit-taking tag too....and the count suggests it's got more upside for this weekly 5th up and is likely in the 3rd of a smaller 5 within it. Impressive stuff really and seems headed to 70.00.... I'd slip to neutral under 42.87.
Im at a remote site,would post a chart if possible.HLEX looking ready for a stalk.A drop to 30 would be a nice entry? Stop may be tricky?
cordially Tom
Greetings!
HLEX I remember this one from a few months back....it acsended over that double top and has boomed since....looks like a good long candidate to me.... It's on the MM 'c's stalk sheet too.... Here's what I'm seeing in the daily: The play I'm seeing is a breakout play, and I don't usually like them much....only offers average r/r unless you target over the 'x' extension...
I'd slip to neutral on a break down out of the triangle, looking for gap support play perhaps...
Comment