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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, April 07, 2005

Load up on DAIO!!!!!

If it breaks $4, it's gonna fly!

10 Comments:

Blogger beanie11111 said...

it has previous resistance at 3.85. It needs to stay above that.

Thu Apr 07, 02:37:00 PM EDT  
Blogger Elliott said...

What do you think about RFMI

Thu Apr 07, 02:37:00 PM EDT  
Blogger Alan Ji said...

Beanie, can you also comment on PAX?

-Alan

Thu Apr 07, 02:41:00 PM EDT  
Blogger Alan Ji said...

Beanie, can you also comment on PAX?

-Alan

Thu Apr 07, 02:41:00 PM EDT  
Blogger Alan Ji said...

Beanie, can you also comment on PAX?

-Alan

Thu Apr 07, 02:41:00 PM EDT  
Blogger Alan Ji said...

Beanie, can you also comment on PAX?

-Alan

Thu Apr 07, 02:42:00 PM EDT  
Blogger beanie11111 said...

RFMD chart looks horrible. It is running into resistances right into low $6.

It needs to go higher to make a better buy. Trend is still down.

Thu Apr 07, 02:54:00 PM EDT  
Blogger beanie11111 said...

I will be keeping RFMI on radar though.


DAIO: Needs to break $4, or close above $3.85. Projected target move to $7-8. I don't mean immediate target, except that it will probably get there eventually.

Thu Apr 07, 02:56:00 PM EDT  
Blogger beanie11111 said...

Alan,

There's not much to comment, except that if the man don't get the help to buy PAX, then PAX is deadmeat.

Traders ran it up on rumor. Doesn't mean it will happen.

Risky play.

Thu Apr 07, 02:58:00 PM EDT  
Blogger beanie11111 said...

Hey folks,

There wasn't much to play on the low float side unless you were early. Nothing really continued to move higher. The only nice exception was CYD, but it wasn't a low float. I know that stock. Very surprised it moved this much.

Alrighty, i'm calling it a day. Lunchtime.

OT:
Those who are playing VLO call options, a buy here looks very good. We are right at the week's uptrend line. Do not buy 1 month options - too risky. 3-6 months the best.

PAM:
Low volume day. Plain and simple. Still above 50day MA. Hold.

Thu Apr 07, 03:05:00 PM EDT  

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