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Location: USA

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 16, 2005

Wow, what a day! The market's getting killed.

There is an 80% chance we gonna have a selloff in the morning. We are hoping it won't continue throughout the day.

GEOI will likely dip back to the 8.3-8.7 area before making another run for 9.50 area, which if it fails again will take us down to 7.00-8.00 area the next few days.

I am out of all stocks and sittin on 100% cash for now.

posted by beanie11111 | 6:45 PM

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