This market is so easy, a caveman can trade it.
The hard part is finding the breakout stocks.
My FAS long from 2.70 finally paid off today. I took 1/2 off the table at the days high and bought some FAZ with it as a hedge against my other 1/2 of FAS.
Yesterday, right before I went to bed, I found the stock PBY as posted.. It opened up at 5.55 and hit a high of 6.98. What a great trade! I didn't get in until 5.80 but it was an easy 18% gain.
I have not added anymore longs yet as I've been busy deciding what I want to do with my current longs. The next sell off we get, I have to go in and get something.
Anyway, I'll see what I can find over the weekend and maybe get a few stocks that still have some pull left in them.
Cheers
No comments:
Post a Comment