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9 Jun

Thursday June 9, 2011

by

Momentum Stocks

4 out of 5 winning trades yesterday or 80%, let’s keep that up.

The following trades are or were all slow moving bid buys, which for those of you who are new simply means I’m accumulating at what I think is support before the next bull run. Some find this a boring strategy but it can often pay much better than 10% provided you pick support correctly.

100k GSTP at $.14 (added a bit yesterday at $.115)

50k SHMX at $.13, I’ll add more on a dip

75k XSNX at $.07, I’ll add more on a dip

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