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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Note that the first target is $32.50. Now the question: how to best play NGPS?
One way--for you buy and hold types--just buy and hold until you hit the 1st target of $32.50--or more. (I think she's got $50 in her, long term).
For you "fast buck" types (me included)--you can make a very profitable play on her when you buy the pullback. Oh yes, sooner or later, NGPS is going to pullback. Ole Cashmaker might jump back on the cash train again when that happens. But in a day or two, she's going to pullback some (I think), and when you see the "U" on the chart, you'll have your signal to buy. I'll try to post when that happens.
thanks, ski! btw, anyone have any thoughts about my latest pick, AFT? anyone interested in tiny telcom plays like that?
Here's a chart:
All I can say--and this is a compliment--is that Jiesen must run a junkyard for a living. He knows how to take wrecks and make money off of them. MRK, ELN, AFT, and many others. The guy is incredible.
I have 49 chart reasons to leave this one alone. First off, Wise men say "never, ever buy long or sell short into a major moving average." [Exception: Jiesen recommends that you do it]. Second, this thing is stuck in a trading range. Third: it is working on a minor descending triangle. Top resistence is $3.78. Fourth: it has two or three worlds worth of overhead resistance. Fifth: bearish engulfing candle today. Sixth--do I need to go on? Okay, the volume is so low--and has been for a month--that a breakout seems unlikely. Seventh: there are better looking charts out there. Eighth: the MACD crossed over today below the zero line: a sell signal. Ninth: the RSI is looking weak. Tenth: these foreign bells aren't usually honest in stating their financial reports. Eleven: okay-that's enough.
I have but one reason to buy it: Jiesen says its good. That's probably the best reason of the 50.
Here's a chart:
All I can say--and this is a compliment--is that Jiesen must run a junkyard for a living. He knows how to take wrecks and make money off of them. MRK, ELN, AFT, and many others. The guy is incredible.
I have 49 chart reasons to leave this one alone. I have one reason to buy it: Jiesen says its good. That's probably the best reason of the 50.
It's my strategy, NBB. As a value investor, I am more attracted to a stock the lower it gets. This goes against everything a technical trader knows, because the chart will always say at the low "it's going down, so SELL!"
Yes, sometimes they are tanking for a good reason, and you do have to cut your losses sometimes. But if you get it low enough, usually you can ride it out long enough that you still come out ahead. The trick is to get something for half-off and sell it when it's only 25% discounted. Don't get greedy and expect it to ever be fully valued, as you could be waiting too long, and the reason it's discounted could rear its ugly head when you least expect it.
The other trick is to know how to value your stock- I'm still working on that.
Of course, value investing isn't my whole bag- I balance it with several other strategies, including the superior $$MM method, which I believe is helping me beat the market right now. I'll scrounge for the junk, and let $$MM find the hot stuff... it takes all kinds to really succeed in this crazy market.
It's my strategy, NBB. As a value investor, I am more attracted to a stock the lower it gets. This goes against everything a technical trader knows, because the chart will always say at the low "it's going down, so SELL!"
Yes, sometimes they are tanking for a good reason, and you do have to cut your losses sometimes. But if you get it low enough, usually you can ride it out long enough that you still come out ahead. The trick is to get something for half-off and sell it when it's only 25% discounted. Don't get greedy and expect it to ever be fully valued, as you could be waiting too long, and the reason it's discounted could rear its ugly head when you least expect it.
The other trick is to know how to value your stock- I'm still working on that.
Of course, value investing isn't my whole bag- I balance it with several other strategies, including the superior $$MM method, which I believe is helping me beat the market right now. I'll scrounge for the junk, and let $$MM find the hot stuff... it takes all kinds to really succeed in this crazy market.
Note that the first target is $32.50. Now the question: how to best play NGPS?
One way--for you buy and hold types--just buy and hold until you hit the 1st target of $32.50--or more. (I think she's got $50 in her, long term).
For you "fast buck" types (me included)--you can make a very profitable play on her when you buy the pullback. Oh yes, sooner or later, NGPS is going to pullback. Ole Cashmaker might jump back on the cash train again when that happens. But in a day or two, she's going to pullback some (I think), and when you see the "U" on the chart, you'll have your signal to buy. I'll try to post when that happens.
Here's a look at what I think NGPS might do next. The breakout will be (IMHO) followed by an up-day today, then a pullback on Wednesday. THAT is going to be an opportunity. It may then give you a few more days to enter, like on this chart, although I don't think quite so many opportunities. In any case, the safest entry will be on that final arrow, where the stock chart makes a "u." This NGPS is so hot right now that it may not give you this much of a chance as demonstrated on this chart.
l. MORN almost $27 from my call $22. Waiting for LAZ earning next week, since there is no analyst concensus, it will all depend on invetors expectration. Now the LAZ is undervalue according to my mutil-factor model, my model works for most of the food FA stocks. I am holding LAZ till short term target $25
look at the KOMG that I call @20 range. now is 30. 50% return less than 3 month. My m
look at the KOMG that I call @20 range. now is 30. 50% return less than 3 month. My model all for FA stock, now I am not trading pure TA stock like EYET, ABRT, ELN etc, too risky. When they go down, no chance to go up again. But FA strong company will come back sooner or later.
Next week LAZ will announce the first earning since IPO. The surging M&A business will benefit LAZ this year, I predict the earning will be good and the price will go back to $25.
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Thursday initiated coverage of Lazard Ltd. with a buy rating at a $27 price target. "We think boutiques are here to stay and will continue to gradually gain market share," Banc of America said in a note to clients. The note cited Lazard's asset management business, mergers and acquisition and restructuring advisory businesses. Lazard held its IPO May 5 at $25 a share. Shares rose 18 cents to $21.44 on Wednesday.
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