Make a quick 9 percent

By Brett Goldstein on Feb 01, 2007

I just bought SLW at $11.00. I think I may have overpaid but i see this stock easily gonig back to $12. The chart looks great right now. The rsi is not overbought, the macd is turning up. This stock has had higher lows. It looks as if it is setting up a base for another run in the future. I like it.

This entry was posted on Thursday, February 1st, 2007 at 10:04 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “Make a quick 9 percent”

By branton on February 1st, 2007 at 10:52 am

wow, you’re a genuis. Another brilliant call on a day where you should be writing about the earnings trades of WEBX or CUTR or CDNS.

Where is your head at? You buy the breakout. Not before the breakout. You better hope a hedge fund didn’t load up just to dump it at $12.

I was impressed by your blog at first, but I can see now that you are well on your way to losing all of the beginners luck money you made in the market. It happens to everyone. In Making it back, that’s when you find out if you have a talent or not.

I suggest you start looking at other setups for opportunities to make money than simply the RSI, Candlesticks and the MACD…

How’s that GROW trade working out for you?

By Johns on February 1st, 2007 at 7:20 pm

SLW has been on my watchlists for months, and has also been mentioned on this blog several times.

http://www.thebulltrader.com/?s=SLW

I am also watching for a breakout above $12 for a breakout trade.

By s.lee on February 2nd, 2007 at 6:56 am

nice. bought in as well.

haters dont have their own website.

By Brett on February 5th, 2007 at 12:18 pm

Branton,
Grow is working out pretty good.. My 2nd buy price was at $43. What is it now? Hope you did not listen to me

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