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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A lousy day in most areas. Only 2 of our stocks advanced today, SIRI and EGY. For the first 3 days of competition only 4 stocks are gainers,TSRA, ATVI, CY, and EGR.
Strange market swings today. If all calms down for the next 4 hours I think the winner has already been determined, but all could change quickly. Check in around 5pm est for our winner.
billyjoe
And the winner is................ first some statistics. Of the 15 picks, only 5 advanced for the week RL, BSC +.8% RL, TSRA +7.3%, Spike CY +7%, IIC RNWK +1.18%, and Micky Mouse EGR +19%
Stock, Open Monday,Close Friday, Percentage, Dollar Value
IIC's tactic of one pick this week pays off with his first win. Does this week mark the beginning of an uptrend or is it a sucker hole for those going long?
Post your picks for next week. Shorts,or Longs?
billyjoe
Ha ha, I suck so bad. At least my real money port is doing well. COGT +6% or so today.
I'm still holding it too...paid low 32's a few weeks ago...held through the carnage. My original plan was to accumulate...then it fell apart...so no more buys. The thing that ticked me off was that they wouldn't answer my emails. Then I called them...they referred me to their IR firm up in S.F. They never answered me either...but I still have some.
"Trade What Is Happening...Not What You Think Is Gonna Happen"
Thanks Mickey...but it will probably be the lowest % gain winner this year. I didn't buy it but I think this outfit will do well...I will keep it on watch...IIC
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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