The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Thursday, October 13, 2005

Oil and Gas stocks are bound to rebound....

Listen guys,


TAKE ADVANTAGE of the fallen oil stock prices! CHK, GMXR, ARD, CNQ, NXY, SU, and many others have been off their highs and are bound to rebound. Technically they are still strong. Oil and Gas is still up and it is staying up for the long run. Also take advantage of Gold, Copper, Mining companies, and even companies that are developing Avian Flu vaccines like BCRX (eh, a half buy at these prices. I still want it come down), NVAX, SCLN and others.

1 Comments:

At 1:17 PM , Blogger Nick M. said...

Wassssup Dave!

Hehehe me too Dave! Its been quite the rollercoaster ride, but I believe we are stabalizing for now! Its unbelievable how fickle and wild the market can be! But it still keeps us on our toes and provides some excitement, lol!
Thanks for the love on AZMN! I feel that I should have focused on it as a main pick...but I didn't get a chance. Still I took the initiative and put a little something in it! I was surprised that it moved up so fast and on no news! I selected the stock because the chart looked technically sound and I know that the market loves anything with the name "mining" in it!
Its all good, the great thing about the market is that it always gives you another chance to play some stock! As long as you protect your initial principal or starting cash, you will always have another day to pick a hot stock, so don't worry, I will have more picks to share with you and anyone else interested.
Definatly a bad bear week, but todays comeback is beautiful! Next week should be good! In retail, take a look at TUC, HOM, GIL, GES, maybe AEOS and I'll have some others that may stage a comeback later. I am also glad you like the biotech,gold and gas picks! Thanks! I still like gold and I think it is done correcting! Also gas is correcting nicely. ARD is not finished yet, but it is still extended above the 50day. Gold should be a good buy now! Also bio-tech is hot right now, especially with the Avian Flu scare! Its crazy, I dont even want to eat McChicken anymore! Anyways Dave, Im off for a little to post some stuff and then I'll be back afterwards! I'll talk to you then! Later Dave!
Take Care!
-Nick

 

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