Hi Lexi,
I have to take my mother-in-law out for lunch, and then head off to the jail... so here goes..
The last 3 years, I have been just trading in my IRA account...Thus, I am not playing on the short side...That means I only do well in sideways markets or markets trending upward..So the past few years I have done well,since the overall bias of the market is up..
I am looking for pattern stocks...Your GIGM qualifies, since I see a cup and handle with the handle in the 5.00 area, and the base at 2.00...GIGM is giving signals of a potenial 3 pt. move...You do a nice job on picking stocks..Keep sharing...
I am looking for strong stocks that pull back, and am attempting to play the bounces.
I am looking for stocks that have nosedived to an extreme, and want to play a bounce on them to the upside..
As we know the market works in extremes, and there is money to be made on those extremes, when the rubber band stretches too much in one direction, it has to come back a bit in the other direction..
Take a look at NTO...It may be a false alarm, but the pattern is calling for a potential breakout....I think USEY will pick up .20-.30 cents this week, and QOIL(bulletin board), will head toward the neckline at .45 cents...
Got to run....Mother-in-law is calling....Taking her to Greasy Spoon for chicken...
Mark |
