good stocks to invest in?

[collegiateLifter]

Stop buying stocks and start buying pieces of good companies at the right price.

-------------------------------
BY THE WAY, YOU CAN CALCULATE PROBABILITY BUT CANNOT CALCULATE UNCERTAINTY

 

[Longhorn85]

SUNW shot up over the last few weeks from about 4.5 to 5.4

 

[chewyxrage]

Stop buying everything and sponser me.

That's right, for the low, low fee of $5,000 you can sponser a bright young college student.


I have the experience, and the knowledge, to bring your portfolio full circle.

You have a couple hundred bucks? I will turn it into millions using my patented pothead technology.

I close my eyes and point to the paper. The stock I point at makes millions. Immediatly.

It's that simple.

Email me for paypal instructions.

 

[OMGWTFBBQ]

Can you give me some tickers that you feel fit the formula really well so I can learn from their example?

My post had the top few that matched as of that day. The top few that I can remember since I am watching them now are ESS, PNP, and TRO.

TRO moves up and down nicely and you could get in and out of that fairly regularly.
PNP goes up gradually and you don't get big drops in which you can accumulate and then get out at the tops - so it is better for a buy and hold.

ESS used to be like PNP, but has had a down bubble recently which correlates to their earnings announcement coming out soon.
You could argue any number of results that will come from that, but if you watch the stoch, adx, and cmo on it, there are a few things in there that look good.

 

[OMGWTFBBQ]

Stop buying stocks and start buying pieces of good companies at the right price.

-------------------------------
BY THE WAY, YOU CAN CALCULATE PROBABILITY BUT CANNOT CALCULATE UNCERTAINTY

If you are doing long term investing, that is a good strategy.
There are some interesting reasons behind it beyond the way you phrase it, but the more I write, the less people read, so I will just leave it as an agreement.

As for your call caps part that I missed at first since it looked like a sig... all I can say is that you are entitled to your opinion on the matter. I would recommend highly, if you are interested of course, that you read up on fractals and chaos (it was a big deal in the mid nineties) and its application to the stock market. With that, you will want to read up on the analytical techniques in regards to Brownian motion. Mandlebrot is a good starting point since a lot of his fractal work was toward non-linear systems - financial markets being one of them. The Hurst component (or exponent - same thing) might be of interest to you in reference to determining the randomness of a time series.

If you want to come across less as a "I'm in college and spout out what we just learned in class today" with catch phrases from books and your notes - then I can recommend a ton of interesting things to read.
But if you are fine with occasionally chiming in with things that vaguely have merit - that should be enough to get you buy in most fields.

You are right to some extent if you mean that you can't calculate when the next terrorist attack will be (although you can point to regularities in the multi-sigma events and the increasing likelihood of one coming again with increasing time). You can easily calculate the risk/reward ratios though.

Being aware of the difference between risk and uncertainty is crucial when dealing with large amounts of money.

 

[OMGWTFBBQ]

Actually- I have a difficult client who you might be more proficient in helping. He has alot of accounts. He needs someone who can manage them well.

Please let me know and I will contact him.

It would be over a month before I can know what freedoms I have to do such things. If I get either of two jobs that I am trying to get right now, then I am not sure I can legally take on outside clients.

But much of the code that I have written would allow automated trading with obvious constraints on which brokers he is dealing with.

 

[collegiateLifter]

If you are doing long term investing, that is a good strategy.
There are some interesting reasons behind it beyond the way you phrase it, but the more I write, the less people read, so I will just leave it as an agreement.

I phrased it simply, because the poster is obviously lost in the financial markets.

As for your call caps part that I missed at first since it looked like a sig... all I can say is that you are entitled to your opinion on the matter. I would recommend highly, if you are interested of course, that you read up on fractals and chaos (it was a big deal in the mid nineties) and its application to the stock market. With that, you will want to read up on the analytical techniques in regards to Brownian motion. Mandlebrot is a good starting point since a lot of his fractal work was toward non-linear systems - financial markets being one of them. The Hurst component (or exponent - same thing) might be of interest to you in reference to determining the randomness of a time series.

sounds interesting but I have much more important things that will yield much more benefits.... Out of curriousity though, I take it the models you are reffering to rely on the efficient market hypothesis, is that correct?


lol
This is all self taught as I have not yet taken a finance course, though i fear that it will be filled with garbage. Thanks though, I'm just recalling a few things that I've learned from some super investors from Graham-and-Doddsville.

You are right to some extent if you mean that you can't calculate when the next terrorist attack will be (although you can point to regularities in the multi-sigma events and the increasing likelihood of one coming again with increasing time). You can easily calculate the risk/reward ratios though.

Being aware of the difference between risk and uncertainty is crucial when dealing with large amounts of money.

and of 9 sigma events that should never happen? I take it you have trouble stomaching cases like that of Long Term Capital Management.

It's ok though, I appreciate your curtious reply and I probably should be grateful for all of the modern stock market voodoo.

 

[OXANDRIN]

day trading ETF's is the safest was to day trade.

The only stock out there i would buy is JBLU (JetBlue Airways)

its currents $25.??

if it goes under $24 Dollars i'll load up on it.

 

[tia373]

This guy is a - impatient-- make money only -- dont lose it--- day trades with know TA. schitzoid.

He has been trading for 5 years - and I doubt has made money at it. Like alot of people out there. It really takes a very hardcore, emotionally stable, dedicated hard worker to make money in the stock market. I think that is why there are so many people who are afraid of it.

keep me posted though on your success. I am definately impressed.

It would be over a month before I can know what freedoms I have to do such things. If I get either of two jobs that I am trying to get right now, then I am not sure I can legally take on outside clients.

But much of the code that I have written would allow automated trading with obvious constraints on which brokers he is dealing with.

 

[OMGWTFBBQ]

For those of you that have a trading strategy or have read of one and are curious to work it out without putting real money into it - you might be interested in marketocracy.com - HG Pennysmackers here on Elite told me about it.

It simulates the market and trading fees (although its simulation is not a personal collection of stocks - but is instead a simulation of being a fund manager - so there are a lot of compliance rules you have to follow that are more strict that real life rules) - and it is the best I have seen for free on the web.

CollegiateLifter - I didn't say anything about the impossibility of multi-sigma events - just the low probability.
There is a big difference.
Many of the issues with the probability theory is whether you are treating the standard deviation as one over a normal Guassian curve - which is an inappropriate thing for application against the stock market since it won't deviate into the negative (if you are looking at the change in value, then it is more acceptable, but if you are looking at prices, they can't go negative, they just delist).
When you don't apply it to the proper curve (I'm blanking on the proper curve term name at the moment - I want to say lepto something, but without looking it up I am sure I am wrong on that) - then you have a more accurate spread - but still can never be totally on with the predictions of the next sigma event.

That said, the stock market has fairly regular event periods and you can show that there is some given probability that gets increasingly more likely to happen with each day that goes by and it hasn't happened.
But that falls more into risk than uncertainty.

I love talking about this stuff, but if you think it is all voodoo, then it is wasted on you and you are welcome to feel that way. I personally am interested in a job at a hedge fund, so I am trying to learn all that I can to get in there - if you have no desire to do that sort of thing, then it is probably useless for you and would look like nonsense.
(and to be fair, there is a ton of nonsensical theories out there - I only personally go with the ones that are based in math and physics and have proofs in those fields)

Tia373 - if the guy is only willing to make money and not lose money, then he is completely in denial of how the system works.
Just looking at the Gambler's Ruin against an unbiased random series will already prove that wrong... although I guess that one could argue that it isn't entirely applicable in this case since the stock market has an overall bias upward since inception.
I trade for a friend right now, but just for the sake of doing it right now - no charge. Largely because if I can get the hedge fund position, I'm not sure that I can legally be paid by others to deal with their money.

I am also about to start the process of getting my CFA - that takes some time though. I would prefer to do it at an institution so that I could have the challenge of getting the highest score there, but if I can do it on my own and increase my hirability, then just as well.

I enjoy all of it and enjoy talking about it - but anything with religion, money, or government (which are all the same in the end) will quickly devolve into name calling and personal issues, so it is a risky endeavor to talk about it with people that share different views - and it is boring at best to discuss it with people that have the same views.