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.

Tuesday, December 30, 2008

Taking Advantage of Some Dips

I took advantage of some dips in LZR and MAXY. I believe that these stocks should close well of their intra-day lows by the end of the day. I apologize for making such a bold prediction, but I've seen this happen way too often. That is why I sometimes abandon my automated stop-losses on stocks such as these. A little bit of stock price manipulation is all it takes to set off a ton of stops in order for the late comers to get their fills in at a lower price.


Update: Added a bit more to AIPC, OPTR, QCOR

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Enter your Email


Preview | Powered by FeedBlitz