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  1. X

    What could be a catalyst for a 20-30% rally?

    As I recall sitting in front of my trading screen at the time it was the Iraq War ... in particular the day they tore down the Saddam statute ... and I also think it was the perp walks and arrests of Skilling and company and other CEO's ... typiclly the perp walks and crucifixion of ceo's...
  2. X

    A Very Profitable Methodology

    I certainly don't "play" the earnings and yes generally avoid them: as you experienced they are too volatile. Of course it all depends on how the stock is acting and at minimum I usually lighten up ahead of the report. For instance TALX is acting well, I already took some profits and may...
  3. X

    A Very Profitable Methodology

    I dont use anything sophisticated, at least not yet, just freebies on the web. I dont care to back test either as I dont know how I would do it with the data I use... I am sure there is a way but it would be so time consuming and intensive I would rather focus my time and resources on whats...
  4. X

    A Very Profitable Methodology

    took profits in TALX today ahead of their earnings... I dont really like holding through an announcment but liked the price action so I held half of my overall position, will see what tomorrow brings.
  5. X

    A Very Profitable Methodology

    Initiated a screen today, the following stocks made the first cut. My screens turned up an initial universe of 82 names, larger than the last screen but still a little smaller than average. Saw some of the same names but there are more new ones this time around. I have to double check all...
  6. X

    A Very Profitable Methodology

    I am looking forward to my next screen, I will probably complete on the 16th, MLK day with the extra time and all. I am eager to see what insights into the current market the results reveal. Stay tuned...
  7. X

    A Very Profitable Methodology

    Closed out my RTSX position today at 32.89 for a -3.6% loss on the overall position. My saving grace was that it was a small position. In retrospect I should not have messed with it after the dilution and got aggressive with my entry, I think it may pull back in the 20's now. Oh well...
  8. X

    A Very Profitable Methodology

    Gotta love it when three of your four postions are making new 52 highs. took some profits in TALX, but only a small lot at 52.89, for about a 19% gain. glad i held onto HANS as it just ripped new 52 highs, what a freight train! if you read my log i almost sold off all of my position but...
  9. X

    A Very Profitable Methodology

    Right now I am just using freebies: MSN, YAHOO, and company websites, etc...
  10. X

    A Very Profitable Methodology

    Still watching RTSX closely, I dont like it acting weak when the broader market is up but I am noticing some buying interest in teh 32-34ish range so I am hanging around to see if the buyers can support this and ultimately push it up... I am very pleased with my other pos. HANS, ARD, TALX
  11. X

    A Very Profitable Methodology

    picked up another small lot of RTSX this morning at 34 even... I dont like it trading down on an up day but will see what tomorrow brings.
  12. X

    A Very Profitable Methodology

    %allocation, although i definitley monitor risk very closely but not as mechanical because i scale in and out and do not like setting ratio targets either because i let winners run as much as possible to squeeze out as much gain. (i.e. i am not going to set an arbitrary proce traget based upon...
  13. X

    A Very Profitable Methodology

    got filled on a bid today on TALX at 45.32 to add to my position but I am keeping a close eye on it... 45 level appears to be a key battleground.
  14. X

    A Very Profitable Methodology

    Looks like Santa stiffed us up this year but it was a nice ride up to here so no complaints… while Santa was busy hitting the egg nog and standing us up I was busy taking profits and tightening stops... The past week I have taken a lot of profits and lightened up a lot. ARD-Sold lots on...
  15. X

    A Very Profitable Methodology

    Glad I added to ARD on Tuesday, it had a nice day yesterday and back up again this morning... right now I am holding tight, keeping an eye on the shop and waiting to see if santa brings any rally of sorts... if so i will take profits into any strength at year end/january...
  16. X

    A Very Profitable Methodology

    You are right on BOTH accounts! Many traders would not consider that mindblowing and you DO have high expectations, LOL ! But in all seriousness, I am looking at this from a retail perspective (remember my goal is to go retail with this) and a retail customer would find these numbers very...
  17. X

    A Very Profitable Methodology

    right now its 48 calendar days, its been skewed higher because the winners have been running up so nice i have been holding longer, but "typically" it is closer to 30 days...
  18. X

    A Very Profitable Methodology

    thanks for the post; my answers are below...
  19. X

    A Very Profitable Methodology

    I used weakness in ARD to add to my position but just a small amount... strong stocks typically dont give you many buying oppurtunities so you must take what you can get at times... by the same token you dont want to catch the proverbial knife either so i just nibble My current positions are...
  20. X

    A Very Profitable Methodology

    my spreadsheet gets jumbled when i post but the bottom line % is the return... if you were interested you could copy and paste to an excel spread sheet and it would read normally... this brings my average trade up to 11.23% per trade, holding for an average of 48 days and a mind blowing...
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