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 think I may sell about half of what I have in MCZ if it doesn't rally before the release.
Nice day for ERS. On June 1 it came close to a channel long at its 6.99 low. Just like me to miss that, but at least it was a bullish confirmation if nothing else. My average purchase is 7.57. Hardly celebrating yet.
Webs, watch SIRI. Nice chart, volume dry up. Maybe nice entry soon. DHB can't get through its 50.
A pullback on ERS might be the opportunity I'm looking for.
I've noticed the lack of interest in SIRI. I'm looking for a drop back under $5.50 before I get back in.
I had placed a limit buy for ERS (replacing the half I sold at 9.30) at 8.30, but decided to split into two half orders (one gap fill at 8.73, the other at 8.30). Well, I'll be damned if it didn't only get down to 8.35, but at least I have the other portion working for me.
Updating things... screwed up last week. SSNC gave me one buy sign, but a sell sign at the same time. Ate a slight loss Monday, but it's a good one that I'll wait a little bit for. Looks like it will consolidate for a week or two.
Added a nibble to ERS yesterday at 9.45 during its runup. Sold half of my holdings today at 10.11. Right at the upper portion of its channel, but it could pull another CMT, hence my holding half. Otherwise may add again on a drop to the low 9's
ERS is another CMT already. It doesn't have any sellers left after overcoming the $11.00 resistance (some 50+ green buy streak without any sale on the ERS T&S). It's long upper channel is in 20's
ERS is down to my only holding. Sold FICC for a small gain. Haven't been thrilled with the chart since I bought. Nothing but crosses and black sticks. That kind of look is what preceeded DXYN's plunge.
I closed ERS on this morning's reversal (10.70). I'll buy back at a lower price, hopefully in the 9's. It's bound to come back sooner or later. I'll feel stupid if it doesn't
Bought EZEN at about 2.30. BB stocks normally give me a lot of pause, but this one has a rapidly expanding revenue and earnings clip.
I bought EZEN in Mar at $ 1.48,$1.75 and $1.95 then sold all on 5/10/05 at $2.57. Have been hoping for more of a pull back to jump back on.... Just my 2 cents as I found it interesting that you are buying this. How did you find it ?
Originally posted by B.J
I closed ERS on this morning's reversal (10.70). I'll buy back at a lower price, hopefully in the 9's. It's bound to come back sooner or later. I'll feel stupid if it doesn't
Bought EZEN at about 2.30. BB stocks normally give me a lot of pause, but this one has a rapidly expanding revenue and earnings clip.
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