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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

PACT called since $6.70 last Friday!

If you got in last friday, congrats! If you have not sold yet, but want to take advantage of the further upwards move, consider a breakdown of $8 as your sell point if you want to make it a swing trade. For those who bought last friday and sold in the $9's, you rock!

That was a 40-45% move in one day since the call!!!! (Time and time again, who is your daddy? lol...) Stay away from the stock if you are one of those who rocked and sold! Don't even think about going back in! Let the quick daytraders and others play the stock. You are done! There will be plenty of other stocks to play later. Just go use your profits to buy more INCX, WIND or CRM. (WIND or CRM are much safer stocks and bigger tech companies than INCX. If you can't handle the volatility in INCX, stick with WIND or CRM; i believe those two are really good stocks and should appreciate generously with the continued bull market. WIND and CRM have already proven themselves to be great companies, while INCX has not.)

Rock on!

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