Stock Picks and Trade Ideas for Thursday...
New Buy Candidates: GLUU, GTS, LNG, OCN, RPRX (on a dip)
New Short Sale Candidates: None
Add To: AIPC, CSKI, LZR (on a dip)
posted by Nick M. @ 12:12 AM
Thursday, January 08, 2009
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
- Todays Trades...
- A Few Trades and Some Profit Taking...
- Future Trends...Russian Stock Rebound
- Stock Picks and Trades Ideas for Friday
- Welcome to 2009...
- Taking Advantage of Some Dips
- Nothing Crazy...
- Happy Holidays and Merry Christmas...
- Holding Steady...
- New Trades and Stocks That I Am Watching...
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1 Comments:
Looks like CSKI's shares have been hit from the after shocks of the SAY (Satyam Comp) auditing scandal. I still think that investors and institutions acted rather irrationally with this one. Whose to say CSKI is facing the same internal problem? They are two different companies with two different management departments in place. Those late to the party can now pick up shares at a discount. If you pick up at this level, sell and cut your losses if it closes below the 200 day MA. This would signal a major trend change and void the base formation and the possibility of a real uptrend. If it shows support above the 200 day MA, it will continue to form its base and climb back up to the old highs and breakout.
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