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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I thought so, too, Spike, but I never was completely happy with the very low volume throughout its increase. That factor alone kept me from increasing my stake.
As is, I didn't have enough to get me in any real trouble, thank goodness.
And the winner is Grebnet, veteran Mr.Market investor
1. Grebnet $10063
2.Micky Mouse 10020 so close if MDF had finished .03 higher
3.IIC 9708 always has interesting picks
4.RL 9619 had 2 of the best picks, but also 2 of the worst
5.BJ 9613 can blame it all on NTGR
Wish I could, but about 2-3 others did almost as poorly. Side note: in reality, NTGR is my smallest $$ holding. That doesn't help me in the contest, where holdings are assumed equal, but it didn't hurt my account too much
I'm going back in with the same cast of characters. After all, one man's trash is another man's treasure, right?
Second of all...WITS killed me personally, tried to go past 20 2x recently...I thought it would early yesterday...but overall I'm still up about 4 bux a sh and not worried.
Thirdly, I'll let someone else take a shot this week. I don't usually set up my beginning of the week watchlist till late Sunday night(which will be Monday this coming week).
Best To All...Doug(IIC)
"Trade What Is Happening...Not What You Think Is Gonna Happen"
We need 2 more stock pickers to join Grebnet, Scifos , and BJ for next week's contest.
I know many of you are sitting on watch lists, try them out. You may some day become as famous as Mr. Market.
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