{"id":376165,"date":"2010-03-01T12:36:00","date_gmt":"2010-03-01T17:36:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-6865044697910633542"},"modified":"2010-03-01T12:41:15","modified_gmt":"2010-03-01T17:41:15","slug":"trading-markets-the-ultimate-cage-fight-buffett-vs-munger-3-bullish-powerratings-stocks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/376165","title":{"rendered":"TRADING MARKETS: The Ultimate Cage Fight: Buffett vs. Munger + 3 Bullish PowerRatings Stocks"},"content":{"rendered":"<p><!-- AddThis Button BEGIN -->By David Goodboy                | <b>TradingMarkets.com<\/b> | March 01, 2010                          <\/p>\n<div class=\"symbol\">          <b>Symbols: <\/b>                     <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/CCOI\">CCOI<\/a>,                     <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/KNDL\">KNDL<\/a>,                     <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/GPOR\">GPOR<\/a>              <\/div>\n<div class=\"symbol\">             <\/div>\n<div class=\"node_body\">\n<div class=\"node_banner_right\">\n<div class=\"text\"><script type=\"text\/javascript\" src=\"http:\/\/oascentral.tradingmarkets.com\/RealMedia\/ads\/adstream_jx.ads\/www.tradingmarkets.com\/stocks\/commentary@x84\"><\/script><a href=\"http:\/\/oascentral.tradingmarkets.com\/RealMedia\/ads\/click_lx.ads\/www.tradingmarkets.com\/stocks\/commentary\/1777954604\/x84\/default\/empty.gif\/30726b46456b6d36716b51414354734a?x\" ><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/imagec17.247realmedia.com\/RealMedia\/ads\/Creatives\/default\/empty.gif\/0\" alt=\"\" border=\"0\" height=\"1\" width=\"1\" \/><\/a><\/div>\n<p>         <script type=\"text\/javascript\" src=\"http:\/\/oascentral.tradingmarkets.com\/RealMedia\/ads\/adstream_jx.ads\/www.tradingmarkets.com\/stocks\/commentary@Top2\"><\/script><a href=\"http:\/\/oascentral.tradingmarkets.com\/RealMedia\/ads\/click_lx.ads\/www.tradingmarkets.com\/stocks\/commentary\/1511515238\/Top2\/default\/empty.gif\/30726b46456b6d36716b51414354734a?x\" ><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/imagec17.247realmedia.com\/RealMedia\/ads\/Creatives\/default\/empty.gif\/0\" alt=\"\" border=\"0\" height=\"1\" width=\"1\" \/><\/a>               <\/div>\n<p>The ultimate metaphorical cage fight may be brewing in billionaire <a id=\"KonaLink0\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"border-bottom: 1px solid blue; color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative; background-color: transparent;\">investor<\/span><\/span><span style=\"position: relative;\" class=\"preLoadWrap\" id=\"preLoadWrap0\"><\/p>\n<div style=\"position: absolute; z-index: 4000; top: -32px; left: -18px; display: none;\" id=\"preLoadLayer0\"><img decoding=\"async\" style=\"border: medium none ; width: 22px; height: 22px;\" src=\"http:\/\/kona.kontera.com\/javascript\/lib\/imgs\/grey_loader.gif\" class=\"preloadImg\" \/><\/div>\n<p><\/span><\/a>, Warren Buffett&#8217;s long time team. Buffett and his business partner, Charlie Munger appear to be on opposite ends of the economic philosophical spectrum.<\/p>\n<p><a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/02\/cnbc-charlie-mungers-pessimistic.html\">Munger&#8217;s recently published an article<\/a>, or more of a parable, about the rise and fall of an imaginary country named &#8220;Basicland&#8221;. Obviously, Basicland is a pseudonym for the United States. In not so veiled language, he writes about the imminent fall of American capitalism due to what he sees as the &#8220;casino mentality&#8221; of the economy. Very few positive words are mentioned and the reader is left with an empty, end of the world feeling.<\/p>\n<p>If someone of Munger&#8217;s statue is so negative about the future of America, certainly it&#8217;s a bad sign! Well, fortunately, the Oracle, Warren Buffet, isn&#8217;t near as negative as his long time sidekick. Just this morning, in what may have been an attempt to temper his partner&#8217;s apocalyptic article; the Oracle granted <a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/03\/full-cnbc-transcript-ask-warren-buffett.html\">an interview to <\/a><a id=\"KonaLink1\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/03\/full-cnbc-transcript-ask-warren-buffett.html\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">CNBC<\/span><\/span><\/a><a href=\"http:\/\/everythingwarrenbuffett.blogspot.com\/2010\/03\/full-cnbc-transcript-ask-warren-buffett.html\">.<\/a><\/p>\n<p>He clearly stated that the worse is over in the economy. His exact words were &#8220;We got past Pearl Harbor, We will win the war&#8221;. Although he remained very cautious about the health care situation, his positive demeanor was in stark contrast to his partner&#8217;s cynicism. Hopefully, Buffett wins this disagreement and swings Munger over to his side.<\/p>\n<p>If, however, Munger prevails by negatively influencing Buffett, it could potentially lead to a self fulfilling prophecy. Time will tell if this disagreement develops into the ultimate <a id=\"KonaLink2\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">investment<\/span><\/span><\/a> cage fight. I believe Buffet will quickly swing Munger over to his side. Regardless of what occurs, the fact remains that his <a id=\"KonaLink3\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">investment <\/span><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">strategy<\/span><\/span><\/a> is rock solid. Just this morning, he stated that his enthusiasm over a stock is in direct proportion to how much it has fallen. Of course, Buffet invests for the long term, but his concept of buying weakness fits perfectly with our short term stock <a id=\"KonaLink4\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">trading <\/span><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">strategy<\/span><\/span><\/a>.<\/p>\n<p>We have discovered a simple 3 step plan that uses Buffet&#8217;s &#8220;buy weakness&#8221; rule and applies it to the short term. This article will now lay out these 3 steps then provide 3 names for your short term consideration.<\/p>\n<p><b>The first and most critical step<\/b> is to only look at stocks trading above their 200-day Simple <a id=\"KonaLink5\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">Moving <\/span><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">Average<\/span><\/span><\/a>. This assures that a strong, long term up trend is in place, increasing the odds that you are not buying into a falling knife or catching a <a id=\"KonaLink6\"  class=\"kLink\" style=\"text-decoration: underline ! important; position: static;\" href=\"http:\/\/www.tradingmarkets.com\/stocks\/commentary\/the-ultimate-cage-fight-buffet-vs-munger-3-bullish-powerratings-stocks-812330.html#\"><span style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: static;color:blue;\" ><span class=\"kLink\" style=\"color: blue ! important; font-family: Arial,Helvetica,sans-serif; font-weight: 400; font-size: 12px; position: relative;\">stock<\/span><\/span><\/a> in a death spiral. <\/p>\n<p><b>The second step<\/b> is to drill deeper into the list locating stocks that have fallen 5 or more days in a row or experienced 5 plus consecutive lower lows. Yes, you heard me right, fallen 5 or more days in a row. I know this is counter-intuitive of conventional wisdom of buying stocks as they climb higher. However, our studies have clearly proven that stocks are more likely to increase in value after a period of down days than after a period of up days.<\/p>\n<p><b>The third and final step <\/b>is a combination of whittling the list down even further by looking for names whose 2-period RSI (RSI)2 is less than 2 (for additional information on this proven indicator <a href=\"http:\/\/www.tradingmarkets.com\/.site\/stocks\/commentary\/editorial\/2-Period-RSI.cfm\">click here<\/a>) and the Stock PowerRating is 8 or higher.<\/p>\n<p>The Stock PowerRatings are a statistically based tool that is built upon 14 years of studies into the inner nature of stock prices. It ranks stocks on a scale of 1 to 10 with one being the most volatile and least likely for short term gains and 10 proven to be the most probable for gains over the next 5 days. In fact, 10 rated stocks have shown to have a 14.7 to 1 margin of outperforming the average stock in the short term.<\/p>\n<p>The stocks that fulfill each of the above steps have proven in extensive, statistically valid studies to possess solid odds of increasing in value over the 1 day, 2 day and 1 week time frame.<\/p>\n<p>Here are 3 companies fitting each and every of the above steps:<\/p>\n<p>           <span class=\"tmSymbol_filter\"><b>Cogent Communications Group Inc<\/b> (           <a href=\"http:\/\/pr.tradingmarkets.com\/search\/CCOI\/\">CCOI<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/CCOI\/\">Quote<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/chart\/CCOI\/\">Chart<\/a> |            <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/CCOI\/\">News<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/CCOI\/\">PowerRating<\/a>)<\/span><\/p>\n<p>           <span class=\"tmSymbol_filter\"><b>Kendle Internat Inc<\/b> (           <a href=\"http:\/\/pr.tradingmarkets.com\/search\/KNDL\/\">KNDL<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/KNDL\/\">Quote<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/chart\/KNDL\/\">Chart<\/a> |            <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/KNDL\/\">News<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/KNDL\/\">PowerRating<\/a>)<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" id=\"KNDL_performance\" src=\"http:\/\/images.tradingmarkets.com\/2010\/Goodboy\/0301Goodboy.jpg\" alt=\"KNDL chart\" pbsrc=\"http:\/\/images.tradingmarkets.com\/2010\/Goodboy\/0301Goodboy.jpg\" pbcaption=\"\" onclick=\"Pop(this,50,'PopBoxImageLarge');\" class=\"PopBoxImageSmall\" title=\"Click to magnify\/shrink\" height=\"350\" width=\"550\" \/><\/p>\n<p>           <span class=\"tmSymbol_filter\"><b>Gulfport Energy Corp<\/b> (           <a href=\"http:\/\/pr.tradingmarkets.com\/search\/GPOR\/\">GPOR<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/GPOR\/\">Quote<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/chart\/GPOR\/\">Chart<\/a> |            <a href=\"http:\/\/www.tradingmarkets.com\/symbols\/GPOR\/\">News<\/a> |            <a href=\"http:\/\/pr.tradingmarkets.com\/search\/GPOR\/\">PowerRating<\/a>)<\/span><\/p>\n<p><\/p>\n<p><i><b>David Goodboy<\/b> is Vice President of Business Development for a New York City based multi-strategy fund.<\/i><\/p>\n<p class=\"textBodyBlack\"><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a 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David Goodboy | TradingMarkets.com | March 01, 2010 Symbols: CCOI, KNDL, GPOR The ultimate metaphorical cage fight may be brewing in billionaire investor , Warren Buffett&#8217;s long time team. Buffett and his business partner, Charlie Munger appear to be on opposite ends of the economic philosophical spectrum. Munger&#8217;s recently published an article, or more [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-376165","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=376165"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376165\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=376165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=376165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=376165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}