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 wish i was though for a trade...im going to wait for it to pull back....i have been having abit of success buying on pullbacks esp when the last bar undercuts the last 2 bars and then the next day shows abit of strength.....
Ninner,
Can you show me a picture of what you just described above?
Thanks!
sorry newborn i dont know how to post pics on here but if u look at TOL ...it formed a classic s-h-s top and phm i believe is close to one...HOV is another one i just checked and it looks even more pronounced....in a few months they will be excellent shorts!!!
$13.80. I think she'll pull back all the way to the handle support, $13.80. Check out the support/resistance line on the chart and see for yourself.
It may/may not pull back that far. Who knows? Spike, yes, but not me!
Look at this intraday cup with handle. Ah-oh!
That says she closes up today $2. Now let's see if that happens. If she does, I'll be sad. But MM will be glad.
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