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I have 35 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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  1. #611
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    Sep 2003
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    Quote Originally Posted by billyjoe View Post
    Jiesen, I'm quite a ways past 65 now. You know I like UTHR and I've been threatening to buy Jack Dorsey's Block (SQ) for years. This might be the time.

    -------------billy
    Yeah, there are lots of tech stocks on sale right now... and Block is solid, too. Next week will be a good time to do more bargain hunting, so I'm going to take a look around and see what else is out there.

  2. #612
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    Sep 2003
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    Quote Originally Posted by jiesen View Post
    I'm home sick and bored today, and SNAP happens to have taken a huge dump, so I picked up some SNAP shares here at $10. I've been eyeing this one for awhile, and think it just might be a good time to jump in for a quick 10-20% on this one.

    If you use Snapchat, you know... this company has a very sticky platform, and will be around for awhile.
    Soooo...

    I chickened out today, and sold SNAP for 10.2 (still made out with about a 2% profit tho). I am going to put that money into an I-Bond instead, and pocket at least 4.8% interest over the next 6 months on it. That's a safe bet, and SNAP, although tempting, isn't so safe. I still figure it's due for an $11 price sometime soon, but seeing it drop to 9.5 first, with my cash in it made me question my choices there... SNAP is cool, but do I really want my money riding on this new-fangled tech? Why, when I can make a safe return of 9.62% annualized backed by Uncle Sam? Well, now you know why I am a chicken in this market.

  3. #613
    Join Date
    Sep 2003
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    11! See? Now why did I have to chicken out like that....

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