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 always tend to place more emphasis on fundamentals and am therefore pretty much of a novice when it comes to TA. But I recognize there's value in TA (even if it's only because so many follow it, it becomes more-or-less a self-fulfilling prophecy) so I'd be interested in any technical observations some of you pros would be willing to offer on this one:
Rob,
I can't throw a chart up from this computer as I haven't set it up with Snagit and Imageshack yet in my construction trailer office. But it looks like it just completed a double bottom cup and handle formation on the weekly. Small handle at the top of the right side of cup with decreasing volume just like they tell you to look for. That looks like an ascending triangle forming over the last few weeks so that could be a good indication of a breakout to the upside. I'm actually looking at the 10 min. chart right now and it's trading up .73. There was a MACD crossover this morning to the downside and the stochastics are turning down. RSI and CCI are both tracking in middle ground right now. I like the weekly but it would have been nice to catch it earlier this morning. Looks to me like it's ready to track up from here.
That is one of the worst restaurants of all time IMO
What? And I'll bet you don't like double cheeseburgers from McDonalds either. Or how about a good mess of fried Mullet with some hush puppy's, baked beans and slaw? Huh IIC??? Heck, I'll bet even ole Lye never tried any Mullet...
So far my short is working somewhat. Rather than losing an additional 1.31%, I gained 1.56% back. Barring any news reports that might indicate otherwise, I think I'll ride that short on out tomorrow. At this point I'm just hoping to break even. Sad, isn't it?
So far my short is working somewhat. Rather than losing an additional 1.31%, I gained 1.56% back. Barring any news reports that might indicate otherwise, I think I'll ride that short on out tomorrow. At this point I'm just hoping to break even. Sad, isn't it?
What? And I'll bet you don't like double cheeseburgers from McDonalds either. Or how about a good mess of fried Mullet with some hush puppy's, baked beans and slaw? Huh IIC??? Heck, I'll bet even ole Lye never tried any Mullet... http://www.mulletfestival.com/
mullet festival huh? YEEEHAAAAAA.... I'll be there this fall DUDE!!!!
I'd like to know how anyone could think that you would get a decent piece of meat for that price..."Choice"...Not my choice.
At home we eat excellent prime cuts...But we save $$$ too...There is a market here called Gelsons...A bit more upper scale than Ralphs, Vons etc...My wife knows the butchers...They put the meat on sale one day before it expires on the "Best If"... day...My wife knows their schedule...We get filets, ribeyes, roasts etc at about 60-70% off...So you freeze them...That also freezes the date.
PRIME:
CHOICE:
SELECT:
"Trade What Is Happening...Not What You Think Is Gonna Happen"
I remember that Gelson's name from when I lived in Van Nuys, but I don't think I ever shopped in one. Just outta curiosity, you wouldn't happen to live in the S.F. Valley, would you, Doug?
I remember that Gelson's name from when I lived in Van Nuys, but I don't think I ever shopped in one. Just outta curiosity, you wouldn't happen to live in the S.F. Valley, would you, Doug?
No...I live in West LA near Century City....Doug
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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