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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Tuesday, March 29, 2005

ANTP: I am having problems with the blogger site.

Sorry, wasn't able to respond in time. But i purchased ANTP before the close below $24. It was an almost straight vertical dip. Oversold. Decent support at $23.

5 Comments:

Blogger Elliott said...

Do you use AIM or ICQ or anything? My AIM is elbarto83. Thanks

Tue Mar 29, 08:13:00 PM EST  
Blogger Alan Ji said...

Beanie,

Was it not a bad sign that the last hour sell-off on ANTP with large volumn?

Besides, what's your take on the behavior on USEG. It shot up initially and then sold off gradually back to its open price?

-Alan

Tue Mar 29, 08:14:00 PM EST  
Blogger Elliott said...

qtpie,

I would say the general rule to making money for now would be to use beanie's advice when buying. He's really good when it comes to those kinds of things. But after that you can't just leave the stock where it is. You should buy on momentum and sell at the peak. Of course the question is, where is the peak? No one really knows. General advice would be to sell when you make a 5 percent gain or more on any one stock.

Tue Mar 29, 09:18:00 PM EST  
Blogger Alan Ji said...

I like the idea to have a "Beanie chat". We can simply set up a chat room or Yahoo/MSN conf.

-Alan

Wed Mar 30, 01:42:00 AM EST  
Blogger beanie11111 said...

Everybody,

I am sorry i cannot answer your questions during market hours. I am currently trading with an Apple computer at Starbucks (for coffee purposes...lol). It's a new computer and i regret buying it. It doesn't have alot of memory so i am having problems with opening too many applications. I don't have multiple computers to work with to see every message/questions. So please bear with me. Again i am sorry.

USEG, i am out of it. Going below $6 is not good. You should sell USEG when it went above $6 but could not hold today.

Wed Mar 30, 10:56:00 AM EST  

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