Nice Chart

[allagash]

http://stockcharts.com/h-sc/ui?s=CMI&p=W&b=5&g=0&id=p39998617096

-Mike
http://www.youtube.com/watch?v=aQVz6vuNq7s

[Bluemoon06]

It used to be a nice chart.  It was a nice chart back in March or April of 2009.  I don't want to see a chart that has made money I want to see a chart that is going to make money.  Stocks are like Nostradamus’ quatrains.  After an event happens everybody says it foretold the event but they never can seem to look at the quatrains or stock charts and say this stock is low buy it now so you can ride it going up.

This is the wrestling match I always have with stock brokers or money managers etc.  I ask them to tell me which stocks are going to go up and sell that to me.  But all they can do is place orders and take commissions.  They get rich placing your orders they make no money by making you make money.

I was on a flight from Houston to Salt Lake City sitting in first class.  The guy sitting next to me and I started talking and realized that we both worked in the same building.  He asked me what I did and I told him and he told me he was a money manager and I guess I looked like I had some money or something because in a tasteful way he asked me if he could manage my money.  I asked him how many people he had made rich.  He laughed and made some witty comment about the typical net worth of his clients.  I asked him again how many people he had made rich.  He made some remark about his technique.  I said to him you don’t understand my question.  How many people came to you with not much money and because of the advice you gave them they are not rich.  He said that you have to bring the money to him he just manages it.  I realized that my vision of the kind of stock broker that I look for does not exist for us.  The guy that Gordon Gekko uses that always buys stocks that go up does not exist for normal people like us. 

Now in real estate if you asked me that same question I can tell you about specific people that came to me with $10k or so and I made them over $1million in real estate.  The only people that did not make any money that I talked to are the people that didn’t buy properties.  Even the ones that bought badly made money.  But what is best is that I don’t charge a commission. 

Nobody knows anybody that ever got rich buying stocks.       

[Hoosier4life2005]

It used to be a nice chart.  It was a nice chart back in March or April of 2009.  I don't want to see a chart that has made money I want to see a chart that is going to make money.  Stocks are like Nostradamus’ quatrains.  After an event happens everybody says it foretold the event but they never can seem to look at the quatrains or stock charts and say this stock is low buy it now so you can ride it going up.

This is the wrestling match I always have with stock brokers or money managers etc.  I ask them to tell me which stocks are going to go up and sell that to me.  But all they can do is place orders and take commissions.  They get rich placing your orders they make no money by making you make money.

I was on a flight from Houston to Salt Lake City sitting in first class.  The guy sitting next to me and I started talking and realized that we both worked in the same building.  He asked me what I did and I told him and he told me he was a money manager and I guess I looked like I had some money or something because in a tasteful way he asked me if he could manage my money.  I asked him how many people he had made rich.  He laughed and made some witty comment about the typical net worth of his clients.  I asked him again how many people he had made rich.  He made some remark about his technique.  I said to him you don’t understand my question.  How many people came to you with not much money and because of the advice you gave them they are not rich.  He said that you have to bring the money to him he just manages it.  I realized that my vision of the kind of stock broker that I look for does not exist for us.  The guy that Gordon Gekko uses that always buys stocks that go up does not exist for normal people like us. 

Now in real estate if you asked me that same question I can tell you about specific people that came to me with $10k or so and I made them over $1million in real estate.  The only people that did not make any money that I talked to are the people that didn’t buy properties.  Even the ones that bought badly made money.  But what is best is that I don’t charge a commission. 

Nobody knows anybody that ever got rich buying stocks.       

Bluemoon, I have 12k. Wanna add me to your list? .  Ill move to Houston or w/e to follow your plan if you think itll work, cause dang.. I wanna be a millionare too!  So whats up?!?

[allagash]

with all due respect...stick with the SFHs.

First found CAT's chart on July 15th, 2010....based on metrics I use to identify leading percentage performers.

It's been a great ride since:

http://stockcharts.com/h-sc/ui?s=CAT&p=W&st=2009-05-02&en=(today)&id=p58436006704

btw....most recent US equities rally began on April 19th.

some huge money has been made in the last 8 days.

-Mike
http://www.youtube.com/watch?v=cZ--K9F-NoA

[Bluemoon06]

Bluemoon, I have 12k. Wanna add me to your list? .  Ill move to Houston or w/e to follow your plan if you think itll work, cause dang.. I wanna be a millionare too!  So whats up?!?

I am not a guru, I am just a guy.  I don't have a program what I do is show anybody that contacts me what I do.  If you call me and say you want to come over to my mansion or meet at some coffee shop I will meet with you and show you what I do.  I do it all the time.

[Hoosier4life2005]

Bluemoon, I have 12k. Wanna add me to your list? .  Ill move to Houston or w/e to follow your plan if you think itll work, cause dang.. I wanna be a millionare too!  So whats up?!?

I am not a guru, I am just a guy.  I don't have a program what I do is show anybody that contacts me what I do.  If you call me and say you want to come over to my mansion or meet at some coffee shop I will meet with you and show you what I do.  I do it all the time.

How about you give me a room in your mansion (so I dont have to pay with my little money that I have, a hotel room) and let me observe you for a couple of weeks ?  Ill stay out of your personal business and such whenever wanted (your family time or w/e ).  just throwing that idea out there... think about it.  If not I understand not wanting a stranger in your house. Im not a bad guy though, just a guy wanting to observe first hand and not dig alot of money out of my wallet to do it.    Invite me and ide be very happy to come though!

[allagash]

It used to be a nice chart.  It was a nice chart back in March or April of 2009.

http://stockcharts.com/h-sc/ui?s=CMI&p=D&st=2011-04-18&en=(today)&id=p83735134354

4/18/11's Close:         $103.28
Yesterday's Close:     $118.32

10 Day Return:

114.56%

Stocks are like Nostradamus’ quatrains.

 

-Mike
mex mix:
http://www.youtube.com/watch?v=B_XjkDjw3Pw

[Bluemoon06]

Stocks are like Nostradamus’ quatrains.

 

-Mike
mex mix:
http://www.youtube.com/watch?v=B_XjkDjw3Pw

Really?  Do yoknow anybody that got rich with stocks?

[allagash]

yes.

quite a few...actually....

requires a tremendous amount of discipline.

for someone who's expressed an intolerance for ignorance in any regard....imo....you'd be much better off acknowleding your own ignorance in this area.

btw....don't bother with your serial "wrestling" match....it's a waste of time.

-Mike
http://www.youtube.com/watch?v=PivWY9wn5ps&feature=fvsr

[Bluemoon06]

yes.

quite a few...actually....

requires a tremendous amount of discipline.

for someone who's expressed an intolerance for ignorance in any regard....imo....you'd be much better off acknowleding your own ignorance in this area.

btw....don't bother with your serial "wrestling" match....it's a waste of time.

-Mike
http://www.youtube.com/watch?v=PivWY9wn5ps&feature=fvsr

I am ignorant until I know.  If you live in a different world than I do maybe you just know a different group of people.  Just like I know people that got rich in oil wells you may know people that got rich in stocks.  Although I doubt it, I have to take your word that you know people that got rich in stocks.  I know rich people that have stocks but no people that got rich in stocks (other than stock brokers) and I don’t think you do either.  There are more people that get rich selling pizza than buying and selling stock.

[allagash]

like I said.....complete waste of time.

in the meantime....my friend Randy....who focuses on crude oil, (among other futures)....has been cleaning up lately....

he uses actual future contracts....but here's USO, (the crude oil etf), for a snapshot of the recent volatility:

http://stockcharts.com/h-sc/ui?s=USO&p=D&st=2011-04-18&en=(today)&id=p23315683916

now there's a nice selloff!

-Mike

[nsu1997]

The problem with stocks is you don't have much control. Even buying a so-called undervalued stock is still just speculation...it could still go down based on something totally unrelated to it being undervalued. Sure you can do puts, options, straddles, etc but you still do not control the direction of the price in any way. You can be the best stock trader on the planet and still lose money.

I'll stick with REI where I have a great deal of control, along with the knowledge and ability to exploit the natural inefficiencies in the market.

[allagash]

SPY….diversified basket of 500 companies with trading volume exceeding 222 million shares on Friday:

http://barchart.com/etf/vleaders.php

The problem with stocks is you don't have much control.

With the above type of trading volume…..control is handed to you….in the form of extreme liquidity.

Deadbeat tenant…..60 days...
Deadbeat position….3 seconds…

Even buying a so-called undervalued stock is still just speculation...it could still go down based on something totally unrelated to it being undervalued.

http://stockcharts.com/h-sc/ui?s=XLE&p=W&st=2007-05-08&en=(today)&id=p91781783537

In October 2010 the energy sector, (XLE), came up against it’s 200 day MA….In December 2010 it showed signs of moving well past it…

In your words….that’s called exploiting a trend.

-Mike

[Hoosier4life2005]

Allagash, check ur inbox when you get time.  thanks.

[allagash]

did.

will get back to you in the next day....or so.

-Mike