LCAV was one of my favorites but for some odd reason, once again, I only bought 3% in my portfolios. This must be due to the factor that so many hot stocks showed up with hot, green, and perfect patterns. Remember, I am only posting the best. There were other stocks I went long that “only” produced a 20-50% gain or that had to have their losses taken as they failed to move. But there was almost no question that this stock was destined for huge returns. You can almost guarantee if you find a stock like this in an uptrending market, you will have a winner. Add to that some very strong fundamentals, like LCAV had, and you have a HUGE winner. Memorize this chart pattern and remember that LCAV’s EPS/sales growth were amazing at this time and it was part of an industry group moving up the list of top groups. In eleven months and two weeks LCAV gained 380%. This was just another great long in another great bull market. This wasn’t the first bull market like this and it will not be the last.
the first buy:
the pyramid big buy:
the final pyramid buy (small):
the first sell:
the ultimate top:
Hello, I recently joined . I saw you on Realmoney and liked your style.
But I just can’t seem to follow your charts.
I don’t seel when and why you make your buys.
For example , the first buy for LCAV was on 5/14/03. I cant even see that date on the chart. For the first “pyramid big buy” you don’t even have a date and you don’t explain why you made the big buy.
Maybe I’m missing something, I don’t know.
Look at charts that Manning, Fitzpatrick, or Farley use on Realmoney. There charts are easy to read.
One suggestion,
can you default the sort on your Topic folders to ‘Newest First”
I want to see the latest changes you made first. I’m not interested in last year’s changes .
I like your site, I’m just trying to help.
You are missing something. You are too new.
You can’t see the big picture. You see the short term. You really can’t see why I bought the stock? The big volume surge and price reversal off the previous day’s stock drop. And then what about ALL of the stocks that CLEARLY SHOW THE STOCK BOUNCING OFF THE 50 DMA AND BREAKING OUT TO NEW HIGHS ON STRONG VOLUME WITH THE BOTTOM OF THE CHART LOADED WITH GREEN. That is the same pattern in almost all of these. JUST LOOK AT THEM ALL!
You can’t see the date? That is why i tell it to you.
Manning uses the same charts as me. You can read my charst on RM. I use these charts here cause I AM SHOWING YOU WHAT I SEE. you want to see something else…you have to do it. I am SHOWING YOU EXACTLY WHAT I SEE. YOU MUST LEARN TO SEE WHAT I SEE TO GET THE BIG GAINS…..THAT IS UNLESS YOU ARE GETTING WHAT I AM GETTING.
IF I AM RETURNING THESE GAINS, YOU SHOULD TRY TO FOLLOW MY CHARTS AND MAYBE NOT FOLLOW MANNING, FITZ, OR FARLEY. IT ISNT ABVOUT THE SHORT TERM WITH ME IT IS ABOUT THE LONG TERM.
ONE SUGGESTION: NO!!!!!!!!!!! GO TO THE FIRST POST. DONT YOU GET IT???? I AM TRYING TO POST ALL!!!!!! OF MY PAST BIG WINNERS. LEARN FORM THE PAST TO LEARN THE NOW!!!!!! THE RECENT ONES ARE NOT UP AS MUCH….IF YOU STICK AROUND LONGER THAN ONE WEEK…MAYBE WE WILL GET TO 2007 BY THE SUMMER. BUT I STARTED WITH 1999.
SORT THE DEFAULT? ARE YOU KIDDING ME? OUT OF OVER 200 SUBSCRIBERS THAT HAVE BEEN HAPPY, YOU WANT ME TO CHANGE IT? NO THANK YOU.
IF YOU ARE NOT INTERESTED IN LAST YEARS CHANGES…..THAT IS SAD. YOU BETTER BE!!!! YOU BETTER BE INTERESTED IN 1890’S CHANGES AND 1930’S CHANGES AND 2007’S CHANGES.
IF YOU ARE INTERESTED IN SHORT TERM TRADING YOU ARE IN THE WRONG PLACE. MY CHARTS ARE BEAUTIFUL AND ARE TRYING TO SHOW YOU HOW TO MAKE THE BIG MONEY. YOU MUST LEARN FROM YOUR OWN ON THE PAST ONES BY LOOKING AT THE PATTERNS YOURSELF. IF YOU TAKE THE TIME YOU WILL SEE THEM. AS FOR THE CURRENT, JUST USE THE SITE FOR A WHILE.
IT ISN’T THAT HARD TO LOOK UP PAST RESULTS!!!!!!!!!!!!!!!!!!!!!!!
MY CHARTS ROCK
FARLEYS SUCK!!!!
DAN’S SUCK!!!!!!!
MANNING’S SUCK!!!!!!
THAT IS WHY THEY DONT HAVE ANY 500% TO 2000% WINNERS UNDER THEIR BELT.
I just looked at all those charts I posted. THEY ARE HOT!!!!!!!!!!!!
How can you want me to change those???? How would you see the big pattern???? How would you see all the green you need to see in the large pattern??????
daytraders are funny! 🙂
Jack…
Its really about time frames…the LCAV chart is a daily chart…the very last bar you see is where Maui made the buy…but take a look at the chart in its entirety…see the big picture, the long trend. Our time frame is longer term, we aren’t day traders.
You must click on the chart to get them bigger too. We use worden charts which is the best charting software under 500 bucks…
SIXTEEN YEARS IN A ROW.
Manning and Farley use TCNet too…the difference is they are swing traders…they shoot for 25-50% gains.
I ONLY!!!!! look for that in bear markets or the end of bull markets. At the start of a bull market, the minimum I look for is 100% and the most is 1000%! You can NOT NOT NOT get that daytrading, flipping, swing trading, or holding for just a week to a month.
I am still long IHS from my 2005 buy!!!!!!!!!!!!!!!!!!!!!!!!!!!! That is almost three years. Most of my best longs last over a year!!!!!!!!!!!!!!!
🙂 🙂 🙂
LIFE IS GREAT. This is why I live in Maui and why it is taking a women to get me to leave. I would never leave if it wasn’t for a women. But most can’t come to Maui…..because they don’t know how to make the big money. If you don’t make the big money, you can’t live here…..unless you want to work 3 jobs.
Jack, Hello
are you using TCNet? If not, I’d highly recommend it. It has a number of powerful features and there is a way to zoom in on the parts of the chart that Josh emphasizes. Then you scroll through the chart “frame-by-frame” and can “follow the action” and work out the rationales and timing for Josh’s buys and sells.
thoughtfully
starling