Monday, April 04, 2005

Longs that are speculative. Dont play them unless you are a PRO.

First off: When i pick these stocks these are after the bell has closed. I then look at the chart. If it is breaking out on huge volume, I will see if it pulls back to its pivot. If it does I take a tiny position to play the speculativity of these. Look at my past comments on SILCF. And if there has been a previous run-up in prices for a couple of months on huge trade, then a pullback that hopefully last a couple of months that also bases around its moving averages, I will then take a position if it breaks its basing pattern on huge trade example today is DLK. I will nibble if it hits .45 cents a share.

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