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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Not today! I just doubled up on NFI to a 5% position, at 5.07. Please wish me luck...
Well, as it turns out this one worked well for me, since I got a 20% return out of it. Of course, I'm still down 25% or so on the other 3%, but at least I'm not so heavily exposed to NFI anymore...
Last edited by jiesen; 03-16-2007, 10:47 AM.
Reason: fixed a typo
Well, as it turns out this one worked well for me, sice I got a 20% return out of it. Of course, I'm still down 25% or so on the other 3%, but at least I'm not so heavily exposed to NFI anymore...
Congrats! I wish I would have bought some yesterday...
and took the cue from Spike's POTW entry to buy some NEXC on a pure daytrade/TA joyride. I put 2% in at 10.3, and will sell this today for either a 3% loss or a 10% gain. That's the plan, anyway, but I'm wide open for suggestions, especially from Spike!
and took the cue from Spike's POTW entry to buy some NEXC on a pure daytrade/TA joyride. I put 2% in at 10.3, and will sell this today for either a 3% loss or a 10% gain. That's the plan, anyway, but I'm wide open for suggestions, especially from Spike!
cutting and running here for a breakeven. I gave it a chance, but it's not happening.
Sold a 2% position in LJPC at 7.0. That still leaves over 30% of my port in it, though. I'm considering putting this 2% into NFI again either here or at maybe a bit closer to 4.
Picked my 2% NFI position back up (now I'm at about 5% NFI) here, looking for a quick 10-20% on this, or if not, I'll hold out for at least 40% long-term. Whatever happens, though, I'm not getting stopped out on this one... It could go to 2, but it'll be back.
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News was just released stating that GPRO's PCA3 test does indeed better diagnose Prostate Cancer than traditional methods. (We've believed that for a while, but now the data is in.)
sold a 3% position (about half) in one of my biggest mutual fund holdings today, thinking to take some off the table when the market is hot. I'll likely deploy this again when the market is back in the tank next month or next year.
By the way, this fund has made me about 68% over 6 years or so, for about a 9%/year gain. This beats the S&P's 0% gain over that time!
Picked my 2% NFI position back up (now I'm at about 5% NFI) here, looking for a quick 10-20% on this, or if not, I'll hold out for at least 40% long-term. Whatever happens, though, I'm not getting stopped out on this one... It could go to 2, but it'll be back.
Sold this 2% (about half of my NFI) at 5.5 today, about 10% above where I bought it.
got back in here at 5.1 again, bringing my total NFI back up to 5% or so.
Now I wouldn't mind it if they sold out next month for 8 or 10, but a recovery back to 20 or 30 would be even nicer. Or a $4 dividend this year would keep me from hating them if none of the above were to happen.
got back in here at 5.1 again, bringing my total NFI back up to 5% or so.
Now I wouldn't mind it if they sold out next month for 8 or 10, but a recovery back to 20 or 30 would be even nicer. Or a $4 dividend this year would keep me from hating them if none of the above were to happen.
Sold these shares for 5.6 today, about 10% above where I got 'em last week.
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