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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Tom, awesome trade on DHB. That’s not bad for a few days work. I just ran my scans and SWIR is one that hit my screen. I have not looked into it yet. I have not looked into these yet but this is what pops up.
I wonder what’s wrong with this? When I click the link it works. I am a member of stockcharts.com.
I don't know...maybe the link requires that you are logged into your account???
Anyway...on Mr. B I list stocks that go upwards through 50 on the RSI(14) on Friday. I also list one's that go up through 30 on Friday's. I use some other criteria in my scans so I don't necessarily have them all listed.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
The CEO wants what???!!! Another 4 million???!!! What's with this Brooks guy? I may have to pull out also. What happened to that big contract they were suppose to get. I like DHB, but the CEO is a scumbag...in my opinion.
Yeah Webs,he did the same thing last year,at this time,and the price got hammered.
The big contract is still looming,but I feel its already been priced in somewhat.Everyone knows theres an armor contract pending,its just a matter of how it sliced.If Yahoo BBS are all waiting for it,it cant be much of a pop.
Is 25.38 a good buy point? Or should I be looking at the chart you posted right before. I have been following this stock off and on and I think this is a overreaction to the merger.
I dont know very much about the retracement theory.
Thanks
Jaws, the downward pressure on SYMC has been very intense, notice the daily volume. The talking heads have been whipping it up for a few days now. I would like to see the selling pressure calm down a little. I have not seen a nice spike low candle yet. Notice the 200 dma it is possible to bounce off this moving average. I would be cautious on SYMC and look for possible consolidation or reversal pattern off the intraday chart. Maybe tomorrow will give a clearer picture on this stock. The price by volume does look pretty good around S1 and S2. My sentiment on this stock is to proceed with caution and I’d wait for a pattern to forum. Looking back on 3 year chart this stock appears to be in the 5th wave up so ABC correction might be coming.
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