View Full Version : The MLK day top 5
mrmarket
01-14-2004, 09:24 AM
I have a dream that one of these will be a HUGE winner:
AACE COF DEG FL HAR
which one do YOU like?? and why?
talkingrobe
01-14-2004, 10:27 AM
HAR looks good but priced high.
AACE is the place for me so far...
Have a great day!
mimo_100
01-14-2004, 11:13 AM
I have a dream that one of these will be a HUGE winner:
AACE COF DEG FL HAR
which one do YOU like?? and why?
COF is great but the timing might not be right -- looks lower near term to me.
AACE and HAR were part of the December 17-18 Merry Christmas Top 5.
They were trading around 22.78 and 70.70 respectively.
My vote is for either audio or shoes. 8) Foot Locker or Harman.
Tim
Babylonian
01-14-2004, 05:20 PM
I already own HAR, it has been a great performer. I look forward to another 15% out of it!
From the rest, I like COF- why do you say the timing might not be right? Looking at tech indicators I thought a trade there would be the best timed of all. Rising MACD even on light volume, stochastic just took a bounce off the 80 line to head higher and crossover - seems to be timed well. The low average trading volume is a concern, but not one I have let stop me before. The price is sitting right on the 9 day ema, no extension to worry about so I can keep a stop loss tight. I am probably going to put in a buy order at $65.25 to catch a volume move up.
So oh huge one -- do yu think COF is a good play from the Mr Market perspective? In general what do you think of plays on the other 4 of your top five picks? How do you decide amongst the last five? And where do you get the great fundamental info you always write about when you make a pick?
Neal
Babylonian
01-14-2004, 05:21 PM
I already own HAR, it has been a great performer. I look forward to another 15% out of it!
From the rest, I like COF- why do you say the timing might not be right? Looking at tech indicators I thought a trade there would be the best timed of all. Rising MACD even on light volume, stochastic just took a bounce off the 80 line to head higher and crossover - seems to be timed well. The low average trading volume is a concern, but not one I have let stop me before. The price is sitting right on the 9 day ema, no extension to worry about so I can keep a stop loss tight. I am probably going to put in a buy order at $65.25 to catch a volume move up.
So oh huge one -- do yu think COF is a good play from the Mr Market perspective? In general what do you think of plays on the other 4 of your top five picks? How do you decide amongst the last five? And where do you get the great fundamental info you always write about when you make a pick?
Neal
mrmarket
01-14-2004, 05:23 PM
I already own HAR, it has been a great performer. I look forward to another 15% out of it!
From the rest, I like COF- why do you say the timing might not be right? Looking at tech indicators I thought a trade there would be the best timed of all. Rising MACD even on light volume, stochastic just took a bounce off the 80 line to head higher and crossover - seems to be timed well. The low average trading volume is a concern, but not one I have let stop me before. The price is sitting right on the 9 day ema, no extension to worry about so I can keep a stop loss tight. I am probably going to put in a buy order at $65.25 to catch a volume move up.
So oh huge one -- do yu think COF is a good play from the Mr Market perspective? In general what do you think of plays on the other 4 of your top five picks? How do you decide amongst the last five? And where do you get the great fundamental info you always write about when you make a pick?
Neal
Actually COF ran a very close 2nd....they actually do better if interest rates bump up a little because people move away from home equity lines into those short term credit card deals.
I have answered your questions in another post, perhaps someone else can dig it out.
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