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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Nice pick Ski...I made another 30 cents on MED today...Crazy stock isn't it?
I was tracking it yesterday and when it broke through $15 and went to $14.70 range I thought that it was cheap and was waiting for it to break that neckline on the inverted SHS when I had a field meeting and left the trailer for a bit. When I came back it was up over $15.75 an I missed it completely. I was talking about it on my thread about it maybe breaking that neckline an it did. I still think there is a lot of gas left in it. Could go to $17/18 range easily. This thing has been on the rise from $3/4 range an there are alot of people who got in cheap an are holding big gains right now all the way up the line. If they start taking those gains it could consolidate quite a bit. I'm keeping it on my watchlist.
Rob,
Put me in ECOL - long please. I love this stock at these levels an am looking for an entry if it starts to spike up Monday. I think we are going to get some kind of a bounce on Monday and whether or not it holds is another question but if it does bounce ECOL will go along for the ride. Still like the stock to go to $30 but only if the markets will cooperate.
Spike, awhile back you said to me to stick it out with the POTW and that a good week or two would put me right back into the swing of things % wise. You were right. MED perked me right up. Thanks Spike.
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