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Thursday, April 02, 2009 2:47:45 PM
I work four different systems daily. One is buying break out looking stock under a 1 dollar with 1000 dollars or less. This stock made my trading system with the 150% jump. I don't trade on News. I trade on price movement. The reason, I use this method of trading is that stocks don't make moves without a reason(s) and the price will telegraph future price movement before the News wire. Good News or Bad is know before earnings or almost any other event( exception 9-11 and that's questionable with the unusually high level of option puts against the Air Lines and insurers associated with the attacks)
The another day's price spike bought me back to SUNR and let's see what happen to my 1000 dollar buy. I'll keep you posted.
Just Bought BAC for EOD. . .Later. (cup and handle in the 1 minute)
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