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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Jiesen (RE: Los Angeles), I go out of my way to isolate myself from the freeways as much as possible. I work in Mahattan Beach, but live in Lomita. I find life much easier that way
$$MM$$ and the rest of the "snoops", do you find that convenient stores/gas stations carry monster, or grocers, too? Since this is a popular energy drink, I'll make a tour of health/yuppie grocers such as Trader Joe's, Whole Foods and Bristol Farms. I'll tell the board about it Sunday.
Hey Jiesen, thanks for the info...sounds like a great place to live...im strongly considering it...just a few things i have to weight!!! Hope all is well
cheers
ninner
Originally posted by jiesen
Yeah, BJ, let me know when you plan to be in town, and we can grab a bite at one of our many fine eateries around here. But back to the topic of beautiful SD, there really isn't any place like it, imo. I grew up a spoiled So Cal brat in OC, so naturally, I am hugely biased towards California for its excellent weather, beaches, bustling economy. But after moving to SD for school, I realized this place is so much better than anywhere else in CA, and therefore the world. I think SD is a bit more laid back than the rest of the major metro areas in southern California, and it used to be a lot more sparsely populated, though this has changed a lot in the past decade. Traffic is getting a bit worse as a result, but it's still nowhere near what you'd have to deal with in LA. As far as places to live in SD, #1 place to be is La Jolla, if you can afford $10M+ for a home. Otherwise, try UTC area or Pacific Beach for more affordable, and more fun places to reside. I live in Clairemont, since it's probably the cheapest area that's decent, and central to the area. I hate long commutes, and living here makes it easy no matter where in SD I happen to work (which tends to change every few years, due to my profession). You couldn't pay me enough to take a job outside of SD. Anyway, I could go on and on about the great things about living here in SD, but if I don't get at least something done tonight my boss will have my head tomorrow.
My advice on the job, though, is take it. Be sure to ask for a lot of money though, because cost of living is pretty steep! (note the $3 Monster drink)
Yes, you can't deny the unstoppable upward march of HANS stock, but... today's data point for the San Diego Monster Deli study is not quite as impressive.
I stopped in a Schlotzsky's Deli today and had a interesting conversation with the proprietor there. This was by far the least flattering review of the Monster Energy drink I've encountered yet. I noticed the Monster on the shelf in the fridge there, and asked how much it was. "Two-fifty," he told me. Were they selling well? "Not really... I don't know why we got them in here." Then I axed him. I mean, I asked him how long they have had them in stock, and he told me that it was just a couple weeks ago they started to sell them. Also, he told me the reason they cost a lot more than the other drinks they sell is that they have to pay $2 to get them. So it could be that they're just new there, or the fact that they aren't really well-stocked in them, and don't put them out there very prominently in that store... or this particular store isn't the type to cater to your typical Monster drinker. But my guess why they don't sell too many there is the same reason I didn't buy one- this was the only deli I've visited so far where the Monster had to compete with a free-refill soda machine. So I got all the caffeine and sugar I wanted for about a buck less.
This means that in SD we're only batting 0.500 so far, but hey... if it were baseball, that wouldn't be bad, would it? At any rate it's enough for the stock to be up 7% in less than a week, so I wouldn't count on having too many other data points before it's all irrelevant anyway... my guess is we will be able to sell this stock at 103 within a week or two.
Visited yet another local deli here, and got another nugget of info out of the clerk. This Monster cost 2.69, but it was worth it, as I only slept for a few hours last night, and the one cup of coffee I had earlier just wasn't going to do it for me today. Although I can't see myself drinking these every day, I just may make a weekly habit of getting one as long as I own HANS stock. The taste is beginning to grow on me.
Anyway, according to this clerk, the Monsters are really moving here, and so are the "Rock Star" energy drinks. He says they're great because they're much bigger than the Red Bull, and that they've been selling tons of them forever. Sounds pretty much like most of the delis in the immediate vicinity. Maybe it's the industrial-type area I'm in, or something. The Schlotzsky's was in quite a different part of town, and maybe the drink is better-suited to people on lunch breaks.
So the stats are so far 3/5 positive reviews. I'll have to go back to visit that other deli without the Monster and force the numbers up to 4/5. Then we'll have market saturation!
I like the stock but it has been steadily trending up without any real consolidation of those gains. Could be setting up for some digestion of those gains. Typical day for a stock after a day like yesterday where the low of the day was below 95 and retail guys came in an bought up what they thought was a bargain at around 94. They may be right but this stock has been trying to breakdown for the last two days and today was an example of that. The low of the day was right where it turned around yesterday but just couldn't recoup all of what it lost. Those last two candles on the 15 minute chart, hanging man and a doji, give a good indication of indecision on the part of buyers coming back into it. Strictly retail buyers thinking the same play as yesterday was in the works but it didn't have the interest on the buyers side to accompolish what it did yesterday. I would be real careful with this one. Next stop could easily be 92.50 or even 90. This could easily breakdown tomorrow. Might just be a nice short setup in the AM again. Worth keeping an eye on it. Wouldn't be looking to get long on this one right now.
New Born,
Just kidding with you, but of course HANS will be ok if it doesn't come under any heavy selling pressure tomorrow. A very profound statement. That could apply to every stock in the markets.
Can't agree with you there MM. Way to much of a generalization and classifiying alot of very intelligent people into a lower level grouping.
It's whoever makes the most money at this using whatever discipline or strategy's they can in the time allotted to them in their lifetime.
I thought MTM's strategy's with HANS today was worthy of pretty high marks. It takes a knowing individual to realize the setup and make the play whichever way they see it going. New Born says he has been daytrading GOOG recently. He should be rich after the last couple of days. You can't compromise that especially when you are the one who ends up with the money.
I think you may have also slighted some of our esteemed group and their trading tactics with that one.
I say any port in a storm with all of this if the plan is well thought out and holds water.
Can't agree with you there MM. Way to much of a generalization and classifiying alot of very intelligent people into a lower level grouping.
It's whoever makes the most money at this using whatever discipline or strategy's they can in the time allotted to them in their lifetime.
I thought MTM's strategy's with HANS today was worthy of pretty high marks. It takes a knowing individual to realize the setup and make the play whichever way they see it going. New Born says he has been daytrading GOOG recently. He should be rich after the last couple of days. You can't compromise that especially when you are the one who ends up with the money.
I think you may have also slighted some of our esteemed group and their trading tactics with that one.
I say any port in a storm with all of this if the plan is well thought out and holds water.
There's more than one way to skin a cat. I want everyone to make money. I'd rather not work at it though. Onward!
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I am HUGE! Bring me your finest meats and cheeses.
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