.comment-link {margin-left:.6em;}
My Photo
Name:
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!

Thursday, April 07, 2005

BOOM: A very good swingtrade short! Technicals are

breaking down. Should head back to the 50-day MA (which currently sits at around $23). Cover your short if it breaks above $36.

12 Comments:

Blogger beanie11111 said...

RSTG getting bought this morning.

Fri Apr 08, 09:43:00 AM EDT  
Blogger VEGAS PREDICTOR said...

what do you think of AIRT a low float it looks like a good swing trade-thanks for your help!

Fri Apr 08, 10:18:00 AM EDT  
Blogger beanie11111 said...

BOOM is still a very great short! I simply can no longer hold its gains. That turd is going down.

Fri Apr 08, 10:30:00 AM EDT  
Blogger beanie11111 said...

Dan,

AIRT is bullish chartwise. Initial target should be around $25.

Fri Apr 08, 10:33:00 AM EDT  
Blogger beanie11111 said...

Oh man, VLO call options are a good buy tomorrow morning if the stock continues down today.

Fri Apr 08, 10:36:00 AM EDT  
Blogger beanie11111 said...

Horton,

NGPS is bullish chartwise. Initial target should be around the low $30,
where it bumps into the multimonth downtrend resistance line.

HRT is bullish chartwise. Initial target should be around the low $30 as well. But it will need to breakout $20 first.

XMSR, on the other hand, is currently bearish. Too much resistance up ahead. Needs to break $33 to get to $35, and then needs to break $35 to attack $40. If still interested, you can ask me about XMSR next friday.

Fri Apr 08, 10:51:00 AM EDT  
Blogger beanie11111 said...

PAM is still very bullish. However sells below $.90 is likely gonna regret days to weeks from now.

Fri Apr 08, 10:54:00 AM EDT  
Blogger beanie11111 said...

"However" should be replaced with "Whoever" in previous comment.

Fri Apr 08, 10:55:00 AM EDT  
Blogger beanie11111 said...

SYNM:

No amount of selloff is gonna cause this stock to drop much. People are buying every dip they can get their hands on.

Please think about holding for a longer term hold (2-5 years). It's gonna become a huge company, imo.

Fri Apr 08, 11:04:00 AM EDT  
Blogger beanie11111 said...

CNLG is only good for daytrading. Their gains never hold. This stock has been around for years. Everybody still remembers it but nobody really likes to keep it. Very news driven, and it then dies.

Fri Apr 08, 11:57:00 AM EDT  
Blogger Alan Ji said...

Beanie, are you still in PAM? What is your stop loss price?

-Alan

Fri Apr 08, 12:24:00 PM EDT  
Blogger beanie11111 said...

Yes. No stop on this one.

Fri Apr 08, 12:42:00 PM EDT  

Post a Comment

<< Home