Tried to trade a speculative stock today in the name of ELI. After hearing this tip from a fellow online trader, I checked the charts immediately. I may be already too late for the day as the price has just formed a very long candle stick with large volume. But since I it's just the first day, hopefully I am still on time to ride the wave and so I got myself some shares at .64. The day ended with ELI giving me a break-even price at .65. Hopefully tomorrow, it would start flying.
As for the rest of my portfolio, it improved just a bit, no thanks to another declining spree for AP. I still have faith on this stock, but it seems it is still finding its bottom. I do hope it stop now, and at least give me signs that it will push back up eventually.
Thursday, January 13, 2011
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