SPIL is on my list, too. Not by the screen, because the ROE is below the threshold, but meets other criteria for growth, etc.
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Originally posted by billyjoeWebs,
SPIL , EZM , and TGB are also on the top of my lists ,but some of the others you mention are totally unknown to me. I'm just guessing that the VTP values the chart at less than 15% of the total factors in selecting a stock. Am I close in this assumption?
billyjoe
To satisfy your curiousity, Billyjoe, and because you are one of my favorite Mr Market friends, I will tell you that your assumption about the charts being less than 15% of the total factors is incorrect. As a matter of fact, the chart is a major factor in my decisions, however the VTP method of interpreting a chart is highly unconventional, compared to other common methods. I do look at standard chart pattern, but I have discovered other techniques that I have not seen used by anybody else.
Also, I would like to add that the VTP is NOT a daytrading system. Vulcans prefer to look at the longer term indicators, rather than the short term. Of course, short term indicators are employed when it comes to finding a proper entry point.
One final factor of course is the Goji...The Goji helps one to relax. If one is relaxed he will tend to use logic rather than human emotion.
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Originally posted by WebsmanThe VTP is a highly sophisticated yet amazingly simple system. I am unable reveal the full details of the VTP at this time, because it is still in the developmental stages. Until I perfect the system, I must keep access VTP limited to a few trusted Vulcans in training.
To satisfy your curiousity, Billyjoe, and because you are one of my favorite Mr Market friends, I will tell you that your assumption about the charts being less than 15% of the total factors is incorrect. As a matter of fact, the chart is a major factor in my decisions, however the VTP method of interpreting a chart is highly unconventional, compared to other common methods. I do look at standard chart pattern, but I have discovered other techniques that I have not seen used by anybody else.
Also, I would like to add that the VTP is NOT a daytrading system. Vulcans prefer to look at the longer term indicators, rather than the short term. Of course, short term indicators are employed when it comes to finding a proper entry point.
One final factor of course is the Goji...The Goji helps one to relax. If one is relaxed he will tend to use logic rather than human emotion.
How many are in the inner circle?THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by WebsmanSPIL is also a Poormans pick.
But it gives me some comfort to know that Bruce didn't bail on us today...Of course he's probably still green on it.
The other day he and I were talking about BTUI when it was falling...He thought it might hold above 19.50...I thought 18.50 was key...Well...we were both wrong as it went even lower...But I didn't get it at all...Knowing him he probably got in at 14 or something???
He's a good guy/investor...But he sure has a lot of patience...Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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Originally posted by IICYeah...so is ICOC...As a matter of fact I'm changing my moniker to Poorman2
But it gives me some comfort to know that Bruce didn't bail on us today...Of course he's probably still green on it.
The other day he and I were talking about BTUI when it was falling...He thought it might hold above 19.50...I thought 18.50 was key...Well...we were both wrong as it went even lower...But I didn't get it at all...Knowing him he probably got in at 14 or something???
He's a good guy/investor...But he sure has a lot of patience...Doug(IIC)
And yes...He has a ton of patience.
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Originally posted by WebsmanThe market has been very good to me lately...Also, I have tweaked to VTP some more. It seems to be getting more accurate all the time.
Here's what I'm holding...
SPIL @ 6.64
FUEL @ 3.93
EZM @ 2.10
CFK @ 15.38
TGB @ 3.38
RADA hit my target, so I took profits today.
FUEL still looks bullish long term, but not doing well this week. My only loser.
TGB and EZM rocked today!
A couple I'm proud of: Been in IVAC since 13.5 and HOM since 6.90. HOM pissed me off this morning. Had a 9.70 order that wasn't filled (9.70 is it's LOD). Also bought LDSH at 20, but sold half way too early at 24.
I have three of your same picks: CFK (since last year 10), EZM (2.14), and a little later than you with SPIL (7.04).
Great job on TGB! I missed that one by a penny (3.05 order, LOD 3.06) a while back.
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Originally posted by B.JAlso been in WIRE since 33. If Ernie and Bruce agree on a stock, it can't go wrong."Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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Originally posted by WebsmanToday I went long on IMOS at $7.90. My target price is $13.25.
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