Tuesday, December 09, 2008

Stock Picks and Trade Ideas for Tuesday

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
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2 comments:

  1. Chad5:56 PM

    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.

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  2. Nick M.10:28 AM

    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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