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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 10, 2005

Since MCEL did not breakout $3.15 all

day, you should cancel the buy on it. I am out of MCEL near break-even.


I have entered a position in GRU at the low 19, which is support here. The gap up from several days ago is mostly filled. I am buying GRU here for an earnings run, which i believe will happen. You may want to get out on the day before earnings.

I said earlier that i would tell you about a stock for an intermediate and long term hold. The stock is RFMD. I used to love that stock several years ago. RFMD was upgraded this morning to an initial target of $8, from $6. I believe the stock is due for a recovery after having been down and out for a long time. I am buying RFMD here in the low $6.



rock!

posted by beanie11111 | 3:17 PM

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