Stock Picks .... Trade at your own RISK!
I did mention on one of my thread that I will not be able to make post due to my time restriction but after reading the post from one of the OTF member "Zombie", I came up with the idea to create a thread where stock symbols can be posted: eg tech looks bearish for swing- watch appl, rimm, goog or Banks look bullish for a day or 2: watch BAC etc or Casinos looks like they have one more day of upside(not a suggestion, just an example).
No price points, no exit strategies will be mentioned. Do your own homework to get the entry exit points. I am not good in posting the charts on OTF and also I dont have time to do that but I will keep posting the picks when I have some time to do so. I hope everyone tries to contribute the picks they are trading with or the ones they find interesting. No penny stocks please :)
Re: Stock Picks..................Trade at your own RISK!
I came up with this thread thinking that OTF can have something on " Stock picks and strategies" section which makes it interesting.
To be frank, I never look for recommendation on OTF. I am just here so that I can share some things which can be helpful to people who needs help.
I would not hesitate to contribute if people are willing to do so.
This thread will be dead if people wont contribute because I myself would not care and would leave OTF :)
Re: Stock Picks..................Trade at your own RISK!
Well my problem right now is......everything loooks bullish right now. Almost every chart I look at is lookin like it can go higher. SP is prolly headed to 1000. BUT ten up days in a row cuz earning were less bad? I'm short right now.
Short FAS.
Also I like EGO around $9 (haven't bought yet). They report earnings July 31st and i'm expected big thangs. They're a pretty low cost gold miner. And I believe they are NOT hedged at a certain gold price, so they will have benefited from higher gold prices in Q2.
IDK though I'm pretty confused right now. Just keepin the thread alive because this will be a good thread if others post in it!