Trade Journal
New Buys: APWR
New Short Sales: GU
Added To: PTEC
Holds: AUXL, CZZ, DROOY, IMAX, TITN
Sold for Profit: FDG (+9.85%)
Sold for Loss: PAAS (-6.61%), VRUS (-3.63%)
posted by Nick M. @ 1:30 PM
Monday, February 04, 2008
About Me
- Name: Nick M.
- Location: United States
Hello and welcome to my blog. My name is Nick and I am a recent graduate of a top research university. I currently hold a BA degree in Psychology. My main interests are industrial/organizational psychology, HR management and of course, securities and the financial markets. I became interested in trading and investing in stocks a few years ago by pure chance and curiosity. After learning some of the basics in 2003, I began to trade in full force in 2004. Although I've been trading for only a few years, I have learned much about stocks, and analyzing charts in this relatively short time span. My experience and chart reading skills are my edge in successfully navigating the stock market. My strategy and discipline is a blend of trader and stock picker. My style of trading has helped me find some of the current markets top winners in their infancy. In addition to my own personal trading and investing, I also manage assets and portfolios for close friends and family. My goals are to continue to improve and refine my trading/investing strategies in order to further enhance my performance in the market. Eventually, I would like to establish my own investment/asset management firm.
Previous Posts
- In Play: GU (short)
- At the Open: APWR
- Short Term Bottoms
- Stock Picks and Trade Ideas for Monday (2/4/07)
- Other Stocks That I Have My Eye On...
- In Play: CZZ, FDG, PTEC, TITN, VRUS
- In Play: DROOY, PAAS
- Treading Lightly...
- Chart of the Day: IMAX
- In Play: AUXL, IMAX
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4 Comments:
Shorting GU seems gutsy. Looks like it is poised to fly high. ! What up.
I am waiting to short FSLR. This baby is gonna slide smoothly. Only point when it finds its peak. I hope they are going to pump it till end of this week. Implosion is written all over it on its feb 14th ER call. Planning to liquidate all of my assets and short this for atleast next week. I am hoping it will be spectacular.
PAL is going to soar.. as palladium prices are goin up in international markets due to power shortages in largest producer of the metal , south africa. Once you seen dip in PD metal ( which is no where near at the moment) get out of PAL.
- my .02.
One thing I understood lately, there is no way to time the market... When they talk good on tv all financials, home builders slide.. once they start trashing the economy they soar... stupid CNBC..
--yre..
Nick,
WHT looks like in consolidation phase.. is it a good entry point ?
Another pure speculation play is GOFH.
With you tube aquired for billions with MTVs backing there is no reason it will stay at .33
Yre,
Yeah I know, I'm playing it risky with GU. Still, Cramer's picks have a high fail rate. In addition, the huge gap up in price is bound to get filled. But who knows, I may be wrong on this. I haven't had much luck with any shorts lately. I'll keep a tight stop loss on it.
PAL has been doing pretty good as of late. I hope you bought into it at a good price. Although I higlighted it as a pick, I still haven't bought into it yet. I'm waiting for a pullback on it. I may or may not get that pullback anytime soon. We'll see.
I like WHT. I've had it on my radar for some time now. If you want a safer trade on it, wait for a small breakout on heavy volume to confirm it as a buy before pulling the trigger...
I've taken a look at GOFH in the past. So far, I am not crazy about it technical nor fundamentally. I know it seems tempting to jump in it now but you are better off waiting for the stock to confirm itself as a good buy. So far it is looking stagnant. Just my 2 cents.
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