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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!

Wednesday, March 09, 2005

Consider buying ELN for an intermediate

to long term hold. In about 6 months, we will probably know whether they will re-sell their product that they pulled out of the market. If they do, ELN is headed back to at least the high 20's . Watch the chart. People have been buying the stock for 3 days now. If ELN's drug re-enters the market, you got a great investment bought below $8!

I am calling it at $7.45 . When it breaks $8, it could move fast and furious.

posted by beanie11111 | 2:38 PM

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