3SOF

From today on, I will use this thread to post my analysis on stocks with interest.

Most of the stocks I picked here are from the stocks David recommended previously.

From my expereince, it is better to trade only few stocks when the opportunity presents.

Let us start the fun.

HEPH:

One of DAVID pick. It is a story stock. The stock crashed after the contract with Dept of Defence was not as big as expected.

But in most cases, the crowds are over-reacted. The best buying point for me is usually the second bottom, $4.6 in this case.

The stock tested the bottom second time and bounced back  and now is $5.50, almost 20% gain from the bottom.

If you can gain 8% in your portfolio each month consistantly, your portfolio will gain 300% in one year. So I normally buy stocks which may give me 8% gain in one month.

Bottom fishing like HEPH is one way to achieve that goal.

Here is the chart.

So your thread is all about correcting the mistakes of David previous picks?
Well, shawfund i'm just here to read all the posts on ur thread.
by the way, what is that charting software u using? it looks cool ..where i can get one of those if you don't mind?

Quote from: Terlisa on November 07, 2005, 11:52:01 PM
So your thread is all about correcting the mistakes of David previous picks?

David made good decision to exit his position when the news were not good. So he did not make mistake.

What I am going to do is that I want to present different trading strategies to make money in stock market. Today's strategy is how to buy stock from pull-back

Today's talk: SVA

Bought it on pull-back.

Reason:

1. after big run, it pulled back with 50% retracement
2. bullish candlesticker reversal signal appeared last Friday and the signal was
    confirmed Monday
3. KD (18,5,5) gave oversold and reversed signal last Friday.
4. fundamental is good and bird-flu still present problems.

I bought it yesterday at $5.40.

Look at the chart

HYRF.OB - 3 days for 100% return!!!

After the stock crashed and panic selling, I said that the stock will return to the low of $0.20 in few days.

The stock did return to $0.20, second bottom and good entry point.
In three days, it gained 100% - high of $0.40 yesterday.

I bought at $0.21 and sold $0.39 yesterday. It may continue its rebound but I am satisfied with my profit.

See chart below.

SVA opened higher and closed with a loss yesterday. I sold it at $5.60.
This may be a shake out or continue its down trend. Will keep close eye on it.

Golden Rule:  Never let your profit slipped away if you have 5% or more gains.

AOB: I bought at $5.74 and will take my profit if it traded < $6.40 at any time.

HEC - a stock which may see 50% gain in one month

Will buy it on short term pull back