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 am still watching HUN for an entry but as I stated previously not until it comes below the 70 line on it's RSI and corrects down to around $13. regarding my wave count. i showed it having completed it's 5th wave up and the abc corrective series having just finished the b wave which is an up wave and now just starting the c wave which is a down wave. there is another scenario which merits some consideration. instead of it completing the 5th wave up where i have place the 5 there is the possibility that the 5th wave went farther up to where i have placed the b wave. if that is the case then the abc corrective wave series would begin there with the a wave down and the b and c waves yet to start. if that turns out to be the case then it most likely will still end up with the c wave down finishing around my proposed entry point of $13-13.25 range. if anyone that it new to this elliot wave counts and has a question about any of it please ask and i will answer to the best of my ability on how i see it and back it up with some websites that will explain it even moreso. the wave counting can become involved and confusing at times and everyones interpretation is usually different. the proof is in the outcome and results. so for anyone relatively new to this dont be anxious about asking any questions about something that i post in these charts. it would be foolish not to ask the question or to question my interpretation. Here's an updated weekly chart on it.
Thanks for the chart. I haven't been able to watch the market lately due to bz working schedule. I think HUN would be a great buy at 12.76 if it doesn't dip below EMA 200
Thanks for the chart. I haven't been able to watch the market lately due to bz working schedule. I think HUN would be a great buy at 12.76 if it doesn't dip below EMA 200
so do i but i dont think we will see it that low. but keep your fingers crossed for $13 or so.
[B]bought ENTR at $4.66 around 9:55 this a.m. thanks for bringing that one to the forum Billy. still waiting for HUN entry at $13 - 13.25 range. just might get that today. still holding NYB and ADAT.B]
Ski,
I hope to post picks that we can all make some money on. I keep track of your posts and have to say that your picks are among the best for my type of investing. Thanks, again.
Ski,
I hope to post picks that we can all make some money on. I keep track of your posts and have to say that your picks are among the best for my type of investing. Thanks, again.
------------billy
HUN is now beginning to cooperate. down to $13.16 range. i am waiting for a bottom and then will make an entry. I'll take it as low as it goes.
HUN is now beginning to cooperate. down to $13.16 range. i am waiting for a bottom and then will make an entry. I'll take it as low as it goes.
Well i could have had HUN at $13.15 this a.m. but procrastinated thinking it was going to go lower which it didnt and hasnt yet today. still waiting it out. i'm not one to pump any stocks but ADAT is going to be a big winner in time and they signed another contract today. there are lots of medical related clinics and services that are getting on board with their product line. it is still trading at a very cheap range of around $1.00 so it is still a great time to pick some up.
Can someone please explain to me what happened to THRR today...
I literally saw this stock go up 700 % in a minute and tried to sell for profit but by the time I put the order in it went back down to its original price. What is the meaning of that???
What is expected next???
Any advice could be helpful...just trying to understand...
Can someone please explain to me what happened to THRR today...
I literally saw this stock go up 700 % in a minute and tried to sell for profit but by the time I put the order in it went back down to its original price. What is the meaning of that???
What is expected next???
Any advice could be helpful...just trying to understand...
thx
houstongo,
when you're dealing with a stock on the pink sheets that is trading for less than a half cent a share anything could happen. it could be a mistake, someone could have placed an order for a penny rather than .00001 or any number of things. my own feelings are that you are wasting your time with these types of stocks. penny stocks are one thing but this one is way under that level. i'm sorry to have to say this to you because i would help anyone out with advice or analysis anytime but please this is a waste of time and space and please not on my thread anymore. not with this type of stock. this is not serious trading or the type of trading that i want to be associated or bothered with.
I don't usually pump stocks but these are two that I think that you should own. ADAT. This stock is the real McCoy. it has a great product base and markets all of their product line in both the US and Europe thru their German affiliated counterpart. Healthcare costs and their containment are going to be enormus issues in the immediate future and beyond. I noticed today that GE is now advertising on TV their similar product line that ADAT is marketing. ADAT has as good a product line as any of the larger corps in the field and they are building on their base everyday. The stock has been very stable recently at the $1.00 levels and over the last two days has shown some movement from $1.00 to close today at $1.04. This is not a stock that has a speculative future product line. it has a tangible product base which has been widely accepted as a cost and time saving tool by the entire medical field. it is still cheap and it is still early for the right entry. this is the last time that i am going to mention that you should own it. anything after this will be your saying, jeez, why didn't i buy that stock.
The second trade that I am so high on that i almost cannot contain myself is ENTR. it is not my find. Billy brough it to the forum and after looking at the chart and researching it's fundamentals i am saying that you cannot afford not to own this stock. it is cheap and it is in the primary stages of a big move up. this is the last time i will mention it except for how well it is doing. it is still very cheap and in the primary stages of its move.
these are two stock that you should own.
and another thing that i love to see is a stock that i bought a week or two ago now up over 1 point and the accumulation and volume is now coming into the stock strongly a point over what i bought it at. NYB. a regional bank stock that is doing exactly what it's chart and fundamentals suggested it should do.
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