The Canada Flag Day Data Dump

[mrmarket]

I was looking at Mr M's picks in aggregate and thought, in aggregate, they're going to lose in the short term.....What are the odds you all will pick the winner in that group? In a counter trend bear pullback, I'd say slim and none. I mean, watch what GGB makes you over the next two months.

Every day, there are HUNDREDS of stocks setting new highs...even if the overall market goes down.

[Lyehopper]

Parl

$$$Mr Market$$$ I like PARL. It's recent 10-Q (this week) reported a sales increase of 95%. It has a high RV of 1.53 and a GRT of 26.... It's top selling perfume is Paris Hilton's fragrance (yes there are people who actually like this person).... It also has a strong short following who just seem to HATE Paris Hilton.lol.... I feel these (largely retail "Hilton hating" shorts) will be of benifit as they are eventially forced to cover.... thus fueling the rally. Stocks that are a value AND that are in an ignored sector tend to do well in a down turn. I think PARL is just that.

By the time you pick (I'm guessing next week) the entry should be perfect. Take a look at the chart..... could breakout strong anytime imo.

[Jim Smith]

PARL...failed breakout....I want to say short with impunity.

[spikefader]

OK Jim, I'm challenging you to post the short setups as you see 'em. Be sure to include the r/r and stop location and we'll see how good you are.

Perhaps even enter them in Port of the Week competition!!

Shoo, I may even join you on a ride down!

[Lyehopper]

PARL...failed breakout....I want to say short with impunity.

At what level did you short PARL? Have you followed it for very long?

[Jim Smith]

I did not short PARL....I was just giving my opinion.....I am short CHK and APA and I am long DIA June 112 puts....I am looking at the weekly Dow chart and it looks like some kind of topping pattern to me....If we see a mirror image, and so far I am seeing one, then we could drop to 9900 by late April.

[Lyehopper]

I did not short PARL....I was just giving my opinion.....I am short CHK and APA and I am long DIA June 112 puts....I am looking at the weekly Dow chart and it looks like some kind of topping pattern to me....If we see a mirror image, and so far I am seeing one, then we could drop to 9900 by late April.

I wouldn't call it "failed" just yet.... fizzle'd?.... maybe.lol

But it did indeed break your "first rule of trading" for me.... It did NOT do as I expected. Let's see what next week brings.

btw Jim.... I like your honesty and how you "stick to your guns". Now how 'bout trying that next time your wife wants to drag you out to some queer coyboy flick?lol

[spikefader]

OK, it's Creme time........ hehe

[df21084]

Point of order here

I was looking at Mr M's picks in aggregate and thought, in aggregate, they're going to lose in the short term

These aren't Mr. Market's picks. These are just the stocks that have passed his initial screenings.

Don't assume that Mr. Market will buy all of these stocks, because he won't. He'll pick what he considers to be the best one of the lot and buy it.

And if you want to short the whole lot, go ahead. Nobody's stopping you. It's your money to do as you please.

Regards.

[Lyehopper]

$$$Mr Market$$$ I like PARL. It's recent 10-Q (this week) reported a sales increase of 95%. It has a high RV of 1.53 and a GRT of 26.... It's top selling perfume is Paris Hilton's fragrance (yes there are people who actually like this person).... It also has a strong short following who just seem to HATE Paris Hilton.lol.... I feel these (largely retail "Hilton hating" shorts) will be of benifit as they are eventially forced to cover.... thus fueling the rally. Stocks that are a value AND that are in an ignored sector tend to do well in a down turn. I think PARL is just that.

By the time you pick (I'm guessing next week) the entry should be perfect. Take a look at the chart..... could breakout strong anytime imo.

Ahhhhhhhh!!!!.... What a post.... what a post.lol

Let see $MM$.... I posted the above on Friday of last week.... If you would have purchased PARL shares on Wednesday of THIS week You'd easily be up 10% right now DUDE!!!!.... HUUUUGE!!!!je....je...je

PLUS.... You could have written up an awfully funny "Paris Hilton" story to go along with the pick....lol

[mrmarket]

I want to short them across the board.

Anyone want to make a spreadsheet and see how this entire dump performed. Let's see how "shorty pants" would have done.