Tuesday, June 22, 2010

Resitance

Hey everyone,
I can't stress how important it is to understand the concept of resistance--  The price at which a stock or market can trade, but not  exceed, for a certain period of time.

Understand resistance before diving into a stock!

Tuesday, June 15, 2010

More recs!

Hey guys,
AIG is looking solid right now--  resistance is at 40, so buy it below a 35
CTIC-- Avoid until it breaks past 55 cents... resistance is somewhere around there. Afterward, go for it!
RIMM is shooting back at 60! So I'd definitely jump on that

Tuesday, June 8, 2010

Money in the Bank

I'm back! Miss me? Finals went okay if yall were wondering. Now back to the show: Mr. Bernanke says that he doesn't think the US will fall back into a recession. I'm thinking optimism will surge the economy tomorrow?

Again, I would think banks would rise. I'd short Bank of America (BAC)/ Goldman Sachs (GS)/Citigroup (C).