Username Password
S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Most Folks want to make money like Warren Buffett - Rank1 stocks are not the answer

Date January 18, 2011  Edited: January 18, 2011    Comments Comments (0)    Rate this post Recommend This Post (64)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Mr Buffett buys based on deep valation basis and charts stinks.

It means closing your nose and look at the potential down the road.

How many would have bought NVDA or SWIR few months ago.

I made more money on CSCO when it bottomed out using options. Stock moved 3% - options moved up 50% in the same time frame.

I use the simple rule - DO NOT BUY AFTER THE STOCK HAS BEEN HIT DUE TO EARNING RELATED NEWS. WAIT 10 DAYS AND THEN WATCH WHEN SELLING OR VOLUME DRIES UP
CSCO volume driesd up on last trading day of November. REAL buy signal was given on DEC 27 for CSCO. CSCO March 19 options traded for 1.2 that day - now at 2.38. Do the math.
Tags : NVDA   CSCO   SWIR  

Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links