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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!

Monday, March 28, 2005

SYBR: I just bought back in the low $3.7's.

Still planning to hold it thru earnings.

I am already out of ELTK. The stock is up over 50% on no news today. The chance of correction is high. Even if it goes higher, you might want to take profits now. Don't be greedy here. It is overextended.

3 Comments:

Blogger Alan Ji said...

Beanie, is it a good idea to enter USEG from here?

-ALan

Mon Mar 28, 01:54:00 PM EST  
Blogger beanie11111 said...

Alan, wait for a reversal on USEG to go above $6 before buying. Else, buy it in the very low $5. It broke down in a big way today.


Trader, you are right about that. I missed the big runs on TAYD and ELTK. Wasn't paying too much attention today.

Wow, they sold PACT like it was a rotten cheesecake! On very high volume! Stay away until earnings come out!

SYBR: Again, i do not recommend anyone to hold it into earnings.

Mon Mar 28, 04:34:00 PM EST  
Blogger beanie11111 said...

Trader, i made a bad call on ANLT today, and had to jump out quickly. Let's never play tsunami stocks, ok? They suck big and they feel like pump and dumps.

Mon Mar 28, 04:36:00 PM EST  

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