Saturday, February 3, 2007

ITWO

ITWO was added to my newsletter last week, now up over 20%.

2 comments:

Anonymous said...

hello trader:
I know it is a little bit rude to ask you this question here,
The breaking out succeeded with extra huge volume and price gap, did you really foresee this or it is just a lucky play?
Because I think the primary breaking out was beaten by the price level of 24.00, so your buying itwo here to find the 2nd chance or you don't think it is a failed breaking out?

UCLATRADER said...

i did not foresee this, the huge price gap was caused by the good earning report. trading to me is like playing odds, especially playing breakouts. the 1st breakout loooked weak, as long as it held low, it got chance to resume the uptrend.