Posted by: eminitrader July 11, 2009
NewStock Watch List
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I saw few other posts here asking about the recent losses that people have incurred. One thing to remember is that the market never goes up or down in a straight line. There are going to be corrections on the way. If you pick good stocks and time it right, you should be doing good. I had mentioned on my blog that 960 was going to be a major resistance and 880 be the support. I had told people to take some profits as we were approaching 960. Now we are close to support and it is good time to put some money here. Identify the stocks that you want to buy, identify their support and buy near support. If it closes below the support, get out and take your loss.


ATPG, PRGN and SUNH are my picks for the coming week. If you are buying C or AIG, you are gambling and not trading/investing.

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