Thursday, October 12, 2006

Re-Visiting old trades for trade ideas.....

Re-Visiting previous trades and finding out that the stock moved WAY higher after you sold is an aspect of trading that I like the least. It's like the market is teasing, taunting me with these old dogs.
As an example, take a look at BRCD:

Yeah, the market is good at making me regret my early exits.
But now, as mentioned in this article, BRCD is about to take out its 52-week highs. That almost always means there is an opportunity to take up a position in BRCD once again.

Another one is AMR:
AMR has a lot of things working in the bull's favour now that it has broken above previous resistance @25. Definitely one to watch in the coming days.

Here are some other old trades that still look like swing candidates in the next couple of days:

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