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.
New Buys: MAXY (in at 6.35 on 12/8/08)
CSKI (in at 12.67 on 12/8/08)
OPTR ( in at 8.80 on 12/8/08)
VITA (in at 3.40 on 12/8/08)
AAI (in at 3.80 today)
New Buy Candidates: AFAM (rebuy), ALK, FRPT, HEV
Add To: ALGT
posted by Nick M. @ 10:04 AM
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.
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2 Comments:
Really nice buy on MAXY!
I'm scared of airlines (AAI), but the chart looks set for a bounce. Are you going on the chart alone?
Take care,
Chad.
Thanks Chad.
There is no reason to fear AAI. The technicals are indicating that it has bottomed out. While the chart is not the only indicator I use, it does have a strong influence on which stocks I choose. For AAI, I am using the chart, but I am also paying attention to the airline industry as a whole. Notice how several airline stocks are beginning to pick up steam (ALK,AAI, DAL, etc)
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