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I have 17 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.)

Conversation Between Louetta and IGETTHEPICKSFIRST

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  1. 05/09/2008
    [SIM] Grupo Simec SA de CV (Mexico) ADR ($12.510) - Steel/Iron - This ADR is making a nice turn around. In April, SIM was able to hit 12.5 and work through the bearish resistance line to change back to a positive trend. SIM then made a higher bottom and now a move to 13.5 will break a double top. Okay to buy SIM here and on the breakout with a stop or hedge point at 11, a double bottom and violation of the bullish support line.
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