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rjm77me
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P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : One day correction from overbought market is not the end of world or bull market

Date July 8, 2011    Comments Comments (14)    Rate this post Recommend This Post (57)   
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Free Options Trader Guide

The correction normally gives you chance to buy quality stocks at a discount or cheaper.


Earning season is starting next week and be ready with real money buys.


Having 100 plus stocks is not investing or even playing with market - at best it can serve as a holder if you do not have a charting service.


I have a list of 82 stocks which offer 70% plus win rate for earning date.


 I WII PLAY BY BUYING ONE OR TWO CALL OPTIONS = LOOSE 30% AND POCKET WIN ON REST - ENOUGH TO KEEP REAL MONEY IN GREEN.


Pl do your home work

Tags : ATI   ANN   HANS   TNC   WHR  

14 Comment(s):

Author rjm77me     Date July 8, 2011 12:25 Abuse this post Report Abuse
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Example sold BCSfew days ago at 16.94 in real money account going for 15.71 now. I have not bought yet - will be a buyer Monday lower or higher
Author TheHammer     Date July 8, 2011 12:28 Abuse this post Report Abuse
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good advice. hopefully, market will go down so i can buy.
Author JaiH     Date July 8, 2011 12:53 Abuse this post Report Abuse
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You can gamble as much as you like, one day your luck will run out and you will lose all your money, then you will learn investing. 70% win rate on earning surprises, what a joke.
Author rjm77me     Date July 8, 2011 13:07  Edited: July 8, 2011 by rjm77me Abuse this post Report Abuse
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JaiH, site does require a few sarcastic folks who are trying to find direction
Best of luck - what else do you know about market internals. Why not talk about it in blogs to add to every one knowledge base.
Author JaiH     Date July 8, 2011 13:18 Abuse this post Report Abuse
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Anybody who criticises your ideas, you attack them personally. You know any serious investor like warren buffet, george soros ar anybody else playing with earning surprises. You think they can't analyse stastical data.
Author MightyMo     Date July 8, 2011 13:50 Abuse this post Report Abuse
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Zack's base strategy is based on earning surprises.
Author JaiH     Date July 8, 2011 14:05 Abuse this post Report Abuse
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Zack's base strategy is earning estimate revisions, they call it EER investing.
Author JaiH     Date July 8, 2011 14:10 Abuse this post Report Abuse
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Look at the performance of zacks whisper trader which is looking for earning surprises.It is much lower than s&p.
http://www.zacks.com/performance/
Author rjm77me     Date July 8, 2011 14:39  Edited: July 8, 2011 by rjm77me Abuse this post Report Abuse
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jai h,
Yes, I tried whisper trader and it had bad performance
The question is WHY FOLKS STILL PAY BIG DOLLARS FOR SERVICE WHICH DOES NOT MAKE MONEY?

I have my own basis for stock selection. I have 3 to 5 years notes on 1500 stocks on my computer. The biggest pop up take when expectation is low and the chart is not over bought. Also check out the short interest.
Also look for hot sectors - when the sector is hot - folks ignore so so report and still pushes stock up
Author rjm77me     Date July 8, 2011 15:14 Abuse this post Report Abuse
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ZMH has low expectation and folks may not have elective surgery
it did beat numbers. Please do your own home work.
Jan-11 Guidance ZMH guides in-line 27-Jan-11 Earnings ZMH beats by $0.02 28-Oct-10 Guidance ZMH guides in-line
28-Oct-10 Earnings ZMH beats by $0.01 22-Jul-10 Guidance ZMH guides in-line
22-Jul-10 Earnings ZMH beats by $0.04 22-Apr-10 Guidance ZMH guides in-line
22-Apr-10 Earnings ZMH beats by $0.01 28-Jan-10 Guidance ZMH guides in-line
28-Jan-10 Earnings ZMH beats by $0.04 22-Oct-09 Guidance ZMH reaffirms guidance
22-Oct-09 Earnings ZMH beats by $0.02 2
3-Jul-09 Guidance ZMH reaffirms guidance 23-Jul-09 Earnings ZMH beats by $0.02
Author sporthunter     Date July 9, 2011 22:52 Abuse this post Report Abuse
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If its a 70% win rate, why by the stocks. Why not just play 3 to 6 month options. cut your losses and the bad and cash in on the winners. Explain.
Author TickerBandit     Date July 10, 2011 13:48 Abuse this post Report Abuse
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rjm77me, Way to go, don't let the ... monkee (Jaih)... get your goat.
Author rjm77me     Date July 11, 2011 12:32 Abuse this post Report Abuse
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sporthunter,
You are right, why buy stock - buy options.
That is the plan
This site does not deal with options - it is a game where folks can learn and fine tune their skill - if they want.
Learn from others if they want or improve on others skills and be a better trader. That is the bottom line is
Option play can be hedged - if you are bullish on a stock two days before earning - one can buy two call and one put and that way you have some consolation if your assumptions are not right. Or one can buy two puts and one call or in any ratio one wishes.
some times it is better to buy depending on liquid options. Like i wrote I sold BCS few days ago at 16.94 and bought today at 14.94 It can still go down further over next few days.
Author rjm77me     Date July 12, 2011 08:47 Abuse this post Report Abuse
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i check every day what some of good players are trading
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