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 15, 2009

New Buys

New Buys: GFRE (in at 10.55), MERX (1.99), OSUR (in at 4.60)

Added To: FIRE, MGPI, XRTX (great recovery)

Watching: FSRV, SMED

10 Comments:

At 2:17 PM , Blogger Chad said...

I just mentioned OSUR in your last post. I took a position in that, grabbed a low volume dip on CYCC, and am in the MGPI dip. Lot of bullish activity going on for being so weird on the indexes.

 
At 2:19 PM , Blogger Chad said...

I meant MGPI dip... Great moves happening right now though.

 
At 2:20 PM , Blogger Chad said...

Damnit...again, I meant MGPI "breakout." Pardon my randomness.

 
At 3:37 PM , Blogger Nick M. said...

lol no prob.

I'm seeing a bit of a negative reversal though. May be time for some more profit taking...especially if the VIX closes at the HOD

 
At 4:42 PM , Blogger Chad said...

I really wanted to drag those two breakouts out another day! I'll see what tomorrow looks like.

 
At 5:28 PM , Blogger Nick M. said...

Today's breakouts seemed too goo to be true. As they say, everything looks rosy at the top. Can't forget that the VIX is in oversold territory and a reflex dip is not out of the question. We'll probably see the VIX hit the 24 level and then, we may have a small rally again in time for the holidays...

 
At 6:24 PM , Blogger Nick M. said...

too *good

 
At 10:16 AM , Blogger Chad said...

Valid points... Today is a good day to take profits anyway. I'll be on a plane to New Orleans tomorrow.

 
At 10:40 AM , Blogger Nick M. said...

Have a safe trip, Chad

 
At 3:22 PM , Blogger Chad said...

Thanks!

 

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