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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!

Thursday, March 17, 2005

FUEL: Today broke out of the downtrend

line!

go to www.bigcharts.com and check out the 10-day-chart.

There is also a 2-week triple bottom of $2.50 .

With respect to ABLE and GEOI, ask yourself this question: "Who will continue to bid both of these stocks higher, especially without news?". They could go higher, but i doubt that much higher. Note that you don't get too much news releases in the oil industry, unlike hi-tech. FUEL is undervalued compared to both ABLE and GEOI.


OT:
INCX volume is dying significantly. All the traders are gone.

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