Ever since I fell in love with the stock market back in the late 1980’s, I’ve been especially fascinated by the huge movers of the market.
Behemoth stock market winners like TASR in its mammoth 2003-2004 run. Or like HANS with its mid-2004 to mid-2007 monster run. Or like TIE in its 2005 to early 2006 rocket launch.
Or even one of my favorite stocks of all time – CSCO – Cisco Systems – a relatively unknown tech stock that was about to be heavily involved in the buildout of this “new-fangled” thing called the Internet. I fondly remember almost the exact time in October 1990 when I discovered it – right at its “Pivot Point of the Decade” – and the beginning of its almost non-stop 75,000% ride into the year 1999.
Yeah – you don’t need too many of those “10-baggers” (or more) to really, really fall in love with the stock market.
That’s why I can’t understand the attraction of “day trading” – I mean, why in the world would anyone get ecstatic over scoring an eighth of a point here or – yowsa - a whole point there! And heaven forbid if you get up to go to the bathroom, only to come back and find out you missed the “Trade of the Day.”
Nope. That’s just too much work and effort for me.
I’d rather do a tad more research to try to find the one or two stocks that I can just buy and hold, and watch go up week after week after week. The way I did on CSCO and TASR. And then just let the gains pile up as the stock(s) go into orbit.
Now, I’ve heard some pundits say that “buy and hold” is dead. That things just happen too fast in this New Age of ultra-fast internet connections, with machines spewing out news items and other stock-related information at the speed of sound, causing so much “noise” in the market and gyrating stock prices all over the place.
And to some extent, I guess that’s true. If you look at most stock charts, they resemble the paths of drunken sailors, with absolutely no rhyme or reason to their price action.
But what about the charts of others – like works of art – with smooth, upwardly trending price lines?
Those are the ones I’m after.
But the trick is… getting into the stock BEFORE that sort of price action kicks off.
And that one concept is what I’ve been studying and analyzing over the past few years, and will be doing probably for a good part of the rest of my life.
I’ll be posting some of my findings here.
I’ll start out with some interesting (and amazingly profitable) chart patterns I’ve discovered over just the past few years.
And one I just recently found that causes stocks to explode 300-400% and more in just a few weeks’ time.
How I discovered those patterns is an interesting story in and of itself.
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