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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though I was considering switching my VP to QCOM, but part of the reason was because it was also RL's pick, so I thought that would be uncool, and didn't.
I'm too late to enter! That's what I get for going to Orlando!
Hey...I was offered free tickets to go see John Kerry while I was there. He stayed at the same Hotel as me.
Now you may be wondering..."Webs..who are you for??? Bush or Kerry? Well folks I'm voting for....uh...I'll keep that to myself. It's not wise to mix stocks and politics.
The contest is off and running. First day results have been tabulated. Did anyone notice someone trying to start a stock picking contest on the IBD forums? They've been talking about it for 5 days now and name calling has started. I'll bet there will be no contest. If you want to get results, $$mrmarketishuge.com is the place to go.
Day 1, only 20 trading days left. 13 picks advanced, 19 declined. Only 5 vp picks advanced. Three picked all winners, Mr.Market, Photon, and ridemhigher. Six unnamed guys picked all losers.
5 BOTTOM TEAMS
12. Mea 1956 9785
13. grebnet 9735
14. billyjoe 9665
15. scifos 9415
16. thebign1 9200
If you have any questions just ask. Probably next report Wednesday evening.
billyjoe
p.s. am sick of politics so we wont be dividing into groups of elephants, donkeys, and independents as mentioned earlier
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