Stock Picks and Trade Ideas for Monday
New Buy Candidates: IXYS (on a dip near the LOD), SQNM (rebuy-on a dip at low 11)
New Short Sale Candidates:
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Note: I will post the new long/short candidates tomorrow morning/noon. I apologize for the lack of posts (as well as email responses) but I have been very busy this week. I have recently started a part time job which requires a lot of my free time and energy. The decision to start a part time job was a difficult one but I did it in order to complement my new trading strategy. My new trading strategy requires me to hold positions for a longer period of time. This can be difficult when one needs to pay off bills in a timely manner. For instance, in the past, I would have to exit out of positions at a quicker pace since I depended on the trades as my primary source of income. With my part time job, I am able to hold onto key positions for a longer period of time without worrying about liquidating my position in order to my hastily pay a bill. This way, in the long run, I can concentrate on fully maximizing my gains and returns. Rest assured that this will not affect my dedication and commitment to this blog.
2 Comments:
Nice blog!
SQNM is my pick too. Huge prospects this one has.
Thanks Andy! Good to see another trader backing up SQNM. I traded this one back in late 2007 and made some nice quick gains. I'm just waiting for a decent entry on it before I jump in. Hopefully I'll be able to grab some on a dip.
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