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.

Wednesday, October 04, 2006

New Highs and New Possibilities

Hey folks,

What can I say other than "congrats!"? We did it. We surpassed resistance. We have every reason to celebrate. But lets not get too carried away, because as we all know, anything can happen. Regardless, all we have to do is play the current trend in front of us and that trend is pointing north. So I suppose the question is, what is there to buy? Lots. I have already gone thru several dozen charts and I must say, there are a ton of nice charts out there. This of course makes it hard for one to pick stocks. My advice is, learn how to read charts. Also, make sure you pay attention to key indicators on charts of stocks that have had successful run-ups. Analyze them and know how to spot the various signals and signs of a breakout. After doing this several hundred times, I guarantee you that you will know how to spot a hot stock chart in a matter of seconds. Its called Thin-Slicing, and it works. If you want to learn more about this technique, pick up the book titled "Blink", by Malcolm Gladwell. Anyways, enough about that..Here are some goodies..

ICE, ANGN, BFAM, BHE, SPAR, CAB, DRIV, NTPA, ASR, WSDT, ROG, OMG, PPD, WW, TPX, CBEY, AXTI, CTL, JCG, YCC, ICH, NWK, AZO, AMG, ICON, SBS, DECK, ANF, SIMG, SIMO, ACAS, SQM, SYT, RVBD, RICK, SY, RL, VITL, CMCSK/A, CDWC, AXP, SHOO, MOV, MW, NITE, BOT, TRA

Good time to add (stocks at key pivot points and bottoms): UCTT, ANAD, SNTS, NSTR, AUXL, WSTG, NVDA, BBV, STD, GEO, ENER, KSU, IHG, ABAX, ALSK, ORBK, DIOD, OPWV, DCI, GMTC, INWK, TAG (keep adding), GOL, IONA, IRETS, TDS, ITC

Keep an eye (i) on it: MDTL (i), NETC (i), BWS (i), MWRK (i), HRZ (i), OMTR (i), CHL (i)

Time to take Profits: LFL, WRLD

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Enter your Email


Preview | Powered by FeedBlitz