Trade only with clear and convincing pattern
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LIVE Demonstration Day Trading Activities: Between 6:50am to 9:00am
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Stock Pick Services
Online Training Center
Wednesday, Dec. 1, 2004
Please refresh this page often to get updates during trading hours
Stock Picks
Check back between 6:30 AM - 7:00 AM
Los Angeles Time (West Coast)
CRAY, NKTR, OVTI,
CPRT
GIGM
(wait for pullback and breakout)
GORX (very volatile, wait for perfect pattern)
ANLT: swing candidate
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12/1/2004 7:22AM
CPRT: buy 800 shares at 24.94
catch it one late, may get out if it pullbacks early
12/1/2004 7:29 AM
CPRT: sell all at 24.95
NO profit for this trade
get out when it getting close to entry price
may buy back once it price moves back up above 10MA
12/1/2004 7:53 AM
No clear and convincing patterns, no trade.
Be patient.
It is important to remember that we trade for a profit, if there
is no perfect pattern, we don't get in to risk our capital. This is
the most important issue for day traders.
12/1/2004 8:21 AM
GORX: this stock gap up over 100% and now it is pulling back
big, wait for clear and convincing pattern. Be conservative
12/1/2004 8:32 AM
This morning we do not have good opportunities for long
trading. We do not make any profit
End of Training Program
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Update:
GORX:
The stock was halted for news on the Nasdaq at $6.81 shortly
after the FDA official's statement was quoted on
TheStreet.com's sister site, RealMoney.com.