Thanks for the lesson, quite impressive for a “techie”!! By the way it appears you have done well with CVI. On your advice I picked 200 shares at 8.18, closed yesterday at 10.00, not bad for 2 days! I notice it’s ROE is 32%, with so many different fundamental indicators it is beneficial to know that you put special emphasis on ROE.
Archive for June, 2009
Question From An Options Trader
On June - 11 - 2009
The Most Reliable Indicator for Choosing Winning Stocks
On June - 4 - 2009
It may sound funny that here I am, the self admitted “technical” trader, about to tell you about a “fundamental” indicator for picking consistently, outperforming stocks. If an investor were to only use this one stock selecting tool and nothing else, the returns would be an unbelievable string of winners.
A little bit of math and a small amount of research and the winning trades would blow your mind. But, therein lies the problem. Tell the average investor that there’s a way to consistently beat the markets and you’ve got their full attention… then you tell them there are some simple mathematical calculations and their vision starts to blur and they can’t hearrrrrr you because of the ringing in their ears.
A Letter From One Of Our Traders
On June - 4 - 2009
Thanks for the updates. I have been out for awhile, twisted my back reaching for a beer!!! It sucks getting old!!! Been building my positions on UNG and DBA substantially. I can’t say that UNG has me overly confident although I continue to buy more contracts. The price is just too cheap!! DBA just keeps picking up a point here and a point there. I am in for July on both although I am going to buy more for October. My shorts are not working well, numerous contracts on FXY and HOT are both out of the money although I have time (Sept) for them to make up ground. I bought 500 shares of CVI and its moved nicely in two days—thanks! I am long on PCX (patriot coal), July 7.50 calls and short on GS (Goldman Sachs) July 140 puts. Any thoughts? These Treasury auctions are interesting. I appreciate your insight on them because the bond market can leave me a little confused. When do you think the pending inflation will begin? In 2009 or next year?
