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Top Stock Picks
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Top Stock Picks Portfolio Comments2010-08-29: This is still going to be a trader's market until our long-term, trend following indicators turn positive. Short-term, swing trading positions we are taking on the long side (based on breakouts and MACD crossovers) are **** and ****. Target profit objective is ****.
Current Stock Portfolio Positions: QI** (-3%), |
Testimonials On Our Stock Picks"...read [investment] book over my vacation at the beach and it's beginning to make some sense now...like selling while you have a profit!! :)...thanks!...Learning to love the service."...TY, New Jersey |
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| | Stock Buying Strategies Q&A View Select Entries from Our Mailbag. Also See Our Q&A Page.Q: When you purchase 5000 shares of a stock.....are you putting in a order to buy 5000 shares or are you buying 25% of the 5000 shares on down days of the stock...or how exactly do you buy 5000 or 10,000 shares of any stock.... Thanks for your time and efforts..... just as a side note... I bought CMFO and within weeks have made 10 times my membership..... Thanks for a great site... A: Hi,
When we initiate a new purchase, it is usually about 5% of our portfolio. We place an order to buy all at once. If the stock moves up 3% to 6%, we often average up and purchase another 5%, but again all at once.
Thanks for the kind words, but remember all our picks won't play out like CMFO, unfortunately.
Hope that helps.
Best regards,
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