Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Trade Journal for Wednesday October 24, 2007

New Buys: ARTG, ASIA



Added To:



Sold for Profit: SQNM (25% of position for +61.53% gain)



Sold for Loss: DDUP (11%) I made a mistake of not keeping my losses small and allowed them to escalate.

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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Not Too Shabby...

Although the DJIA was down once again, the NASDAQ was able to pull itself up and close over 20 points. For the past few trading sessions there have been hints that have indicated that the NASDAQ would be the stronger index so today's action does not come as a surprise. It will be interesting to see how the week ends.

New Buys: ALGT, PSMT (rebuy), SHI, WBD

Strong Stocks: ACTU, AXYS, EXLS, FRM, HNSN, KHD, NTCT, RBN, SQNM


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Stock Picks and Trade Ideas for Monday October 15, 2007

New buy ideas: CKSW, RICK, TTG

Add to: ALDN, CRN, EXLS, OMRI, SQNM



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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: CRN, SQNM, VSEC

Here are today's In Play candidates. Check out CRN, SQNM and VSEC.


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Hate To Sound Repetitive....

...but the only recommendation that I can make tomorrow is to keep adding to your top performing stocks. If of course you really need some new stock or trade ideas check out:

ACTU, CPO, GTI, SILC (rebuy), VOCS, WX

Add to: APPY, EIHI, GHM, KHD, PENX, PWRD, SQNM, SYNT

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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Keep Adding To Your Winners....

Today is a good day to add to current winners. There are alot of previously bought stocks that continue to show strength. Newer buys may contain a bit more risk as they are still unproven in your portfolio. This is why it is important to add to your top-performing stocks first and then buy any new positions with the remaining available funds. This ensures that your best stocks continue to rack up more gains and limits your exposure to unproven stocks.

What I'm adding to: APFC, APPY, SQNM for now....


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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Stock Picks and Trades for the Week of October 8-12, 2007

With the market in a confirmed uptrend, the obvious (and logical) strategy is to continue to buy shares of stocks that are setting up attractive chart patterns and set ups.

New Buy Ideas: AVD, JDAS (rebuy), PRAI,


Add To: APPY, SQNM, FISN, FRM, IIT

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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

Despite Fears of an Imminent Market Correction, Several Bullish Chart Patterns Emerge- Part 2-The Stocks & Charts

Here are several stocks that I like. They are all showing interesting chart patterns and displaying technical strength


Stocks: AEY, HA, MCZ, NEOG, NG

AEY


Although I suffered a loss on AEY the last time I traded it, I still believe that the stock can make a good trade at the current price level. This is mostly due to the strong bounce off of the 50 day MA on robust volume. A small position is key at first. If it continues to improve, add more.


HA

HA has recently reclaimed its 50 day MA on huge surges of volume. This is signaling some institutional interest in the stock and may hint towards future upward moves.


MCZ

MCZ has successfully bounced off its 200 day MA on higher volume. The current price level provides a low-risk entry right above the 50 day MA.


NEOG

NEOG is a thinly traded stock that is experiencing increased volume during the last few trading sessions. The stock has recently announced strong Q1 earnings which is mostly likely the reason for the renewed interest in this NEOG.


NG


With gold stocks beginning to move into positive territory, it is a no-brainer for me to include a gold stock. NG is currently one of my favorite gold/silver setups. It has recently reclaimed its 50 day MA and has no strayed far from it, allowing one a low-risk entry into the stock.


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Stocks to Add to:
Add to- APPY, BIDZ, CLDA, JST, POSH, SIMC, SQNM




I will try to post some more picks for tomorrow. In addition, I will try to mention some of the current stocks that one should add more to. Later.




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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

What's Hot and What's Not...
Today was a rather hit or miss type of day. There were several stocks that did quite well and there were others that I wish I never bought or mentioned. But that's how the market is. It's all about getting rid of the poor performing stocks as soon as possible and buying the ones that continue to show improvement.
So, lets take a look and see which stocks were hot and which ones flopped..

Hot Stock: ANW, APPY, BIDZ, CLDA, JST, SIMC, SQNM

Flopped: FSIN, PAET, BLOG, HURC, LNOP, OMTR, TSL, YGE

Sells: BLOG, LNOP, PAET, TSL, YGE

Slightly redeemed themselves: AERO, JASO, REDF




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Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: BLOG, SQNM
Here are two interesting stocks to check out. At the moment both are heating up the charts and showing tremendous strength and increasing volume. Keep an eye on them: BLOG, SQNM


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