InvestorsHub Logo

Frank Pembleton

05/28/04 9:08 AM

#9662 RE: Sexton O Blake #9657

sOb ... dunno about trading stocks because they are more popular or because they have more news about them-- would that really be such a good thing?

fwiw, if you want to ween yourself from the crappers, why don't you build your watchlists with stocks that trade between the $7 and $14 range and that have a volume of at least 100,000 shares a day?

...an example of what I do technically:

I'm long both AMTD and ELNK-- I like the price, the volume, the trend and the distinct lack of volatility-- and I haven't a clue about their business operations, nor have I read any of their PR.

...an example of what I do technically and fundamentally:

I'm long ARQ, AQI and CRJ-- I have small positions, technically all three have yet to touch the upper Bollinger Band and all three have pending news I intend on selling into.

I guess the key is balance.