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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 31, 2005

We are also looking into NGPS. I would be a buyer if

it closes above $20 or if it breaks hod today. The 50-day MA is in the high 19's.

We gonna buy it for a swing trade.


DCAI: Support is holding nicely.


OT: On a down day like this (did you know that Thursdays are usually down days? Now you do.) try not to force any long plays. Gotta just sit on your hands.

posted by beanie11111 | 12:43 PM

2 Comments:

Blogger beanie11111 said...

that's ok. Today isn't really a great day to buy anything. Short term moves all over the place.

Thu Mar 31, 02:31:00 PM EST  
Blogger beanie11111 said...

GEOI is approaching 10 now, which means lots of selling here. You guys should too, and buy back if only it breaks 10.


Message to qtpie:
If you have not sold DCAI with a break of $22, consider selling soon (mid to high 21 if you can get it). Chart looks bad now. After you sell, buy back only if it breaks thru $22 on the upside. The reason we are doing this is to protect ourselves from downside.

Thu Mar 31, 02:35:00 PM EST  

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