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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 01, 2005

I expect a major move in PACT within the next 4 trading days!

http://stockcharts.com/def/servlet/SC.web?c=PACT,uu[m,a]daclyyay[pb20!b50][vc60] [iUb14!La12,26,9]&pref=G

It traded nicely above the 50 day moving average of 8.06 . The 20 day MA blue line is reversing to the upside.

I expect it to cross the 50 day moving average within the next 2 to 3 weeks.

The MACD looks pretty good too.

I am very confident PACT will blastoff soon. Remember, if you got in at mid $6, i hope you took some (if not all) profits already. If INCX went up 50% in one day, i betcha it will correct the next day. The thing that is holding PACT above $8 right now is the 50 day moving average of $8.06 .......

posted by beanie11111 | 10:02 PM

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