The most excellent way to pick great stocks

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Quote from Qarel:

OK, trash that claim! Call it a point, even. But what are we talking about with over 200 stocks with a price over $5 making a new high in the last week? (Source: Moneycentral screener)

BTW, Ernie is a bit more critical, so of these 200 only some 9 would have made his universe, according to my approximation of his method. The 9 that passed my version of his first screen are: JBSS, CHCO, EASI, IMH, SFFB, BLI, FFFL, QTRN, and FBF.

Regards,

Karel

I just wanna be sure on this - you FOLLOW this clown, who has, by your own admission, cost you maybe 9% of what you coulda made just leaving your cash in a deposit a/c? While the rest of us are *coining* it trading this brilliant market? What institution are you in, and how did you get access to the internet?????
 
Quote from Wappers2:

I just wanna be sure on this - you FOLLOW this clown, who has, by your own admission, cost you maybe 9% of what you coulda made just leaving your cash in a deposit a/c? While the rest of us are *coining* it trading this brilliant market? What institution are you in, and how did you get access to the internet?????

Well, I would be the first to admit that better results are possible. That they are easy to get is not so clear. Losing money is not a lot of fun, but beating the market is some compensation. Could you please share how the rest of you are 'coining' this market, or rather how you do it and how you are doing? Or would it be too much trouble to post some content?

Regards,

Karel
 
Quote from hii a_ooiioo_a:

As a simple strategy, the question is "what is the likelihood that a stock hitting a 52 week high will reverse?". The odds are that today was not the ultimate top.

Many stocks that reach a 52 week high, do so by advancing past a lower 52 week high the day before. What would be interesting would be statistics on how many consecutive days of new 52 week highs the average stock will show before hitting a ceiling and starting back downward. There might be some kind of reliable pattern in this.

Finally, an intelligent voice. Nice work.
 
Quote from ronbgelf:

his original master claim of "53 consecutive winners in a row of 15%"

http://www.elitetrader.com/vb/showthread.php?s=&threadid=10172

was later adjusted to "53 consecutive CLOSED TRADE winners of 15%"

It was adjusted after he was busted by many astute, rationale posters, who caught him lying very quickly.

This guy can buy 100 stocks, and only close out the winners. He leaves the losers as open positions, and then doesn't figure them into his results. Pretty ridiculous.

I will not post again on any thread relative to this. And no one else should either. DON'T FEED THE TROLL.

I only have 14 stocks in my portfolio, I don't buy 100 stocks at a time, as you suggested. I think I am allowed to hold onto a few losers when 55 out of 67 of my picks are winners. That's a pretty good hit rate in a bear market I would offer.

I did not speak any untruths, I was clarifying a specific question. I have been writing about my picks for over 10 years, starting on Prodigy, then the Motley Fool and now on Yahoo. All are documented.

I think you need to choose your words more carefully. It is your right not to believe me. It is not your right to call me a liar.
 
Quote from vladiator:



Hmm. And you are bragging about your grad degree. Setting a new 52 week high does not have to imply any momentum. The stock might have been chopping back and forth, the new high per se is thus meaningless.

That's why I run a time series regression analysis. That's the key factor in the model. In fact, many of the stocks I buy are not at a new high but trading within 5% of the new high. If you would like for me to explain time series regression analysis to you, I'd be happy to as it is a fairly simple statistical concept.
 
Quote from Qarel:

OK, trash that claim! Call it a point, even. But what are we talking about with over 200 stocks with a price over $5 making a new high in the last week? (Source: Moneycentral screener)

BTW, Ernie is a bit more critical, so of these 200 only some 9 would have made his universe, according to my approximation of his method. The 9 that passed my version of his first screen are: JBSS, CHCO, EASI, IMH, SFFB, BLI, FFFL, QTRN, and FBF.

Regards,

Karel

I love JBSS, by the way. It's nuts, like some of the people on here!
 
The most excellent way to pick great stocks


Were you watching bill and teds most excellent adventure before starting this thread?
 
how I can be such an excellent stock picker. I'd be skeptical too. I have not seen anyone as good as I am on the internet, on CNBC, on the radio, anywhere.

So you can go on not believing, or you can visit our FREE Yahoo Group from time to time to see how we are doing. Feel free to come back and ridicule me later if my amazing streak does not continue. On the other hand, if you recognize that my model really does work, or if you can incorporate part of it in your own trading strategy, isn't that what this whole thing is all about.

So drop in from time to time:

http://groups.yahoo.com/group/mrmarketishuge/

better still, why don't you join the group (it's free) and post the same critical questions you have posted here, over there. Maybe some of the other members, who are not as HUGE as I am, can answer your questions a bit better than I have been able to.
 
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