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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That's ok, because Dru's pick just happens to be in my real portfolio.
Me too! Here's to Dru
Highlights: In the REAL race for second, I edge out Ski. Ski actually had the superior picks, but the shorts he put up in the strong market this week contributed to his demise. Ski actually owns his long picks, so I think he'll be happy with 3rd.
IPIX came full circle for Webs, closing about even for the week.
Stock Week Open Prior Today Overall % Today % Balance
I did own the puts on TOL so I thought I would put it in my picks. Don't know what possessed me with GOOG. Thought it was overbought and ready for a drop. I'm probably a week early an it will gap way down this week. Very happy with the other three. NGPS up almost 6 points right now an about 2 with CMTL. Still waiting for HTRN to go off. Been holding it's own at around 13.50 which is up 1 point from my latest entry. Only thing with NGPS and CMTL is that I only took a half position, 500 shares, with each one.
I made one move today and bought a half position in VPHM today at 8.50. Caught an interesting article this morning on Briefing.com newswire about VPHM. It was gapping up at the time an this convinced me to make the trade. Been watching it for a few weeks now since Drutzen first brought it to the contest. Should have been in under 7.
Congratulations Dru on another smashing, pulverize their brains and squash their egos, resounding win again this week. How many is that now 19 or so? Our only consolation is that we bought your pick.
It would be a good idea for everyone here to buy this stock while it's still in this range and somewhat cheap.
Thanks all
With VPHM I started a good sized position under 4, and then added to it at 4.8, avg for all is around 140%. I am pretty happy with it. I may have to take some off just because, but then again, if it ain't broke......Since I am not around much anymore, this would be a good candidate for wide trailing stop for me I guess, at least on half of it.
I will stick with it for next week, but I still like JVA too. It did well, but I am trying to figure out the gap up and then drift down all day on Fri. Maybe it is good for it, so it won't have much of a gap anymore.
I am referring to JVA, it gapped up .25 but then drifted lower all day Friday, I am trying find out why the lack of strength when everything else went bonkers
I am referring to JVA, it gapped up .25 but then drifted lower all day Friday, I am trying find out why the lack of strength when everything else went bonkers
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