Saturday, October 08, 2005

Stock stuff.......I smell a rally.....



I am always scanning for stock plays and maybe an option play.......
I found this bear crown that I wrote about in Active Traders mag back in Jan, 2004.
So Tuesday, we hope to buy this little puppy since it has retraced .618 from the last cycle high, looking for a first target of $17.85 if we can get a fill. Will update this trade as it unfolds......but looking for a run in this stock, until the second week of November, or a 10% profit on the first half. SO, if we get a trigger, then it rocks and rolls up a buck seventy will take half off, move to BE and see what we can get during the second week of November.....

This should not be taken as trading advice....just track it.....if these trades workout, then there might be a trading service/chat room down the road for those who believe.......

No comments: