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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This year has been an excellent learning lesson for capital preservation. So far, I'm managing to do that pretty well.
In the past couple of years there have been a few stocks which provided an excellent opportunity for almost guaranteed gains for those who could spot the opprtunity. First there was TASR, then there was SIRI, and then last year ELN offered a great bargain for those who jumped in after it dropped to the single digits.
This year has had some good run ups, but they were not so obvious. I did buy VPHM before it ran up, but I took my profit way too early. VPHM may possibily run back up, but some good news must come out first.
There are two stocks which are not impressive at first sight, but do offer potential for a nice profit in the future. PANL and ZP... I believe I've mentioned these two before. I haven't bought either one, but I am watching them.
ZP is a strange one to watch. It has almost no volume, no fundamentals, and is not very well known. Another odd thing is that you can't even pull up a chart of ZP on stockcharts.com. ??? I will keep watching it however, especially if oil prices keep going up. They are the exclusive U.S. distributor of the Smart Car which is very popular in Europe. These little cars get around 60 miles per gallon and look cool while they do it. It's my personal opinion that these little Eurocars will go flying out of the showrooms faster than they can be imported.
PANL - Flat screen technology...Big player in this field. What else is there to say? Watch this one climb in the next few years.
My daytrade on TZOO was fun and profitable, but I can't sit in front of the screen all day. Vulcans are not day traders by nature. I've got to get outside and enjoy the day.
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Ok, I've been out enjoying the day, but I'm back in for a little while before I have to go to my semi-annual dental exam. (I've never had a cavity )
Looks like selling TZOO so soon wasn't such a bad plan after all. You can never go wrong by taking a profit.
VPHM and CERS are still holding up well. Not too bad considering the market conditions.
I had considered going long on TRLG, but I think I'll pass.
The forecast for this weekend looks great for fishing. We went two weeks ago and caught a couple of Gag Grouper, Red Snapper, Lane Snapper and a Vermillion Snapper. This time I'm going to remember to take the camera so I can post some pics of my catch.
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