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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 30, 2005

Note to those who have never traded DCAI:

It broke the 50 day MA (around $24) awhile back. You could wait till it goes above the 50-day MA. Much safer that way. Actually, after looking at the chart of DCAI throughly, i suggest a buy for quick traders only. Even though i think earnings are awesome, other big buyers may feel that the stock is overpriced. It is an extremely volatile stock.

posted by beanie11111 | 1:00 PM

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