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.

Saturday, November 05, 2005

GFIG provides you exposure to derivatives and commodities

GFI Group Inc (GFIG) no doubt is a hot stock. If I were you, I would take advantage of its earnings dip and BUY, IF it BOUNCES OFF the 50Day MA with higher volume and heavy buying. Notice the "If"! I recognize that this is a risky play, so use caution and only buy if the stock bounces off the "line".

GFI Group Inc (GFIG) 3 month chart

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