SYNM: Remember this baby? This is a long
term investment that will probably pay off big time in 2-3 years. Invest in SYNM whenever you can! Buy all dips.
posted by beanie11111 | 3:36 PM
About Me
- Name: beanie11111
- 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!
- Load up on DAIO!!!!!
- SYBR: They are buying it back!
- RSTG: This is a stock i believe you must have!
- I have been buying VLO call options 2-3
- RCO: It's a pathetic company that has
- NTOP: I am looking to buy it if it breaks hod.
- PAM: I am very excited about this stock.
- Loading up on PAM today!!!!!!!!
- Here it is, right here right now!
- CSTL: Here's the double bottom!
4 Comments:
It isn't always a good idea to jump in and out of every momo stock there is. Today is a good example. There is hardly any follow-thru on most of the momo plays. It just runs for an hour or so and then dies. It is very possible to lose alot of money if you don't sell immediately when the direction changes.
Nobody really lost alot of money on PAM, if it was bought in the lower $1's. Chart technicals for PAM still look very good. It is consolidating. Believe it, it will be headed higher.
Tracking you progress:
If you have loss more money on momo trading than swingtrading or buying safer and bigger stocks, than momo trading may not be what you want to do.
You might not want to just jump in a stock the moment you see momo. It is probably better to sit and wait until it settles down at a support area before buying for the next run up.
After the oil and energy rally yesterday, the OIH (oil index) became more bullish. The XLE (energy index) is bullish as well.
VLO is also bullish.
Call options 2-3 months out could be a good bet. VLO is a good buy with the break of $82 or a correction to $75.
If the OIH goes above 100, the nasdaq and Dow market should fall as oil prices will continue onwards. VLO should rally as well, with the oil index and energy. Watch the OIH!!!
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