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, March 16, 2006

Taking Advantage of the Situation #1 : Buy stocks in the midst of a Short Squeeze

Hey folks,


I know its been a whie, but with the current semester workload and getting ready for Grad school, it hasn't been easy. Although I have been able to trade, I haven't had a chance to really take a great look at stocks or the market in general. I know its sad, but thats how it is when you're busy. I hope some of you took advantage of AVM (listed under AMEX All Stars 2), as the stock has been en fuego the last few weeks. I say there is more room for it too run, so hold onto it. Anyways today, I would like to talk to you about buying stocks that are in the midst of a short squeeze. Some of my best gains have been achieved by doing this, so this is why I am passing along this advice to you as well. When you couple a few good short squeeze candidates withover bullish market conditions, you can attain some rather explosive gains in stocks in a matter of weeks.

Some of my favorite Short Squeeze candidates include:

USIH
SRZ
AW
COBZ
RAI
WW
UIC

and OFC and WRE which are too hot REITS. Definatly take advantage of the REITS as they are becoming quite the market leaders in 2006. I also suggest you take a look at Pro Funds Ultra Real Estate mutual funds. Check out www.profunds.com for more info. They even have a fund where you can short gold and precious metal stocks.

Monday, March 06, 2006

Picked up some The9 Ltd (NCTY)

Hey folks,

I picked up some NCTY earlier this morning due to favorable technical and volume factors. Being that the stock ended up closing over 7%, I am happy with the trade. I plan on keeping it for at least 2 weeks and I believe that the stock can still jump another $3 by then.

I also hope that some of you bought ILI as it looks like a "go" any day now.

Sunday, March 05, 2006

Swing Trade Setup #1- Interleukin Genetics Inc (ILI)

Hey peoples,

Just wanted to recommend a nice swing trade that I have discovered. The stock is Interleukin Genetics Inc (ILI) and it trades on the AMEX for 7.66 as of 3/3/06.

I chose this stock based on the chart pattern and also because the RS is hinting at a upward reversal. Check out the chart and see for yourselves.

Interleukin Genetics Inc (ILI - AMEX) 3 month chart- Current Price: 7.66


Besides showing strength by riding above its 50day, ILI as also established a short term upward channel. Notice the slight rise in the RS level. If things go smoothly, I expect ILI to breakout of its current trend. Recommended Holding Time? How about we start with 2 weeks and see where we go from there.





Thursday, March 02, 2006

Break Out!

Hey folks,

Just wanted to alert you to some hot potentials that are starting to breakout!

TRMB is my favorite at the moment. It has finished the right side of its base and is ready for blast off.

HIBB

WTSLA

CHTT

THO

KNXA

NURO

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