Friday, August 10, 2007

Update: Banks again


Remember what I commented last time on the Banks? I hope you took the quick profit as I did. Now I am buying back BSC and GS, also some CME, which is so close to the high.

1 comment:

JJ2000426 said...

You MUST pay attention when something is so extremely volatile! Bush's people are on board this stock, if you follow the link on paragraph 4. Is the neocons responsible for this?

SWC is incredibly volatile! Hammered down half from the $16.47 high in just three months, Bottomed at the $8.03 on this Tudesday before the earnings conference call, immediately rallied HUGE next day to high of $11.04 and settle for a 20% gain at $10.40, flat on thursday, Rallied Friday moring to high of $10.84 and then plummeted to the low of $8.38!!! Such a stock with extremely narrow floats traded on huge volume and huge swings up and down. I bet you never saw anything like that!!!

It's a swing trader's PARADISE! I would guess most day traders would LOVE to see such volatility. Such huge daily swing creates huge profit potentials if you can do it right.

This is an incredible stock worth paying attention to. Spend your weekend study it. Maybe you can swing trade and get a quick 20% out of it in one day! And tell people about this interesting stock.