Wednesday, September 23, 2009

TCM Notes : 9/23/09

  • Staying focused on UYG and IPOs this week. AONE, GAME, and ART should move. A flood of REITs coming public too as mentioned in the last note. Not expecting much from the Fed despite what some are saying.
  • My efforts have been concentrated within a professional stock trading chat room the past several weeks. Real time chat with 430 folks is a very focused, fast moving endeavor. I'm getting it incorporated into my routine now, and we should start seeing benefits from it shortly. It's all about chart patterns, price, and volume. The same things we preach over here.
  • Still holding GRRF too as it's up 13% now from my cost basis of 4.55. When it gets some heavy volume it's going to move 15-30% in a day. Comparable company TSTC saw a huge move yesterday. GRRF didn't get the memo though!