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.

Monday, February 11, 2008

Heating up the Charts: VSCI

Let's face it. The general market has been underperforming. On the flipside, a small number of individual stocks have been holding their own and actually severely outperforming the indices. One such stock is VSCI. So far, VSCI is up over 40% from my original buy point. Do I think it will head higher, for sure. In case you missed its first leg up, do not fret, as I expect the stock to come down a bit (either tomorrow or by the end of the week), as VSCI is a bit over extended at the moment. This pullback will be more of a buying opportunity rather than an end to the trend.

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