Catching the falling knife.....hot through butter

Yes indeed. Continuing today. I have this in double digits in the next month. Good luck.

 

Yes the strategy is producing decent results today
FMKT
LDL
IUSA

All doing well

BFUN is down a little but still decent return % from initiation.

For today looking at FRN

 

If anyone is interested and wants to watch some of these names and set ups here is the screen I use, this part of it is free:

http://www.trade-ideas.com/StockInfo/more_down_days.html

I believe the more eyes the better.

 

LDL looks like it could really try to make move. Keep an eye on it!

 

HAPPY NEW YEAR! Going for $8?

 

I took a small position in this [FMKT] the last week of '03, planning to add later. But, it got away from me. Same old thing - I always wish I bought more.

I hope we see a pullback of some consolidation. I agree it will be double digits soon.

Best of luck.

 

May not get the pullback today - moving up above $8!!!

 

FMKT really working well.
LDL is also finally starting something.

Based on screener there is really nothing new for today just holding and trading portfolio.

 

FMKT is running into resistance from the gap down at the end of Oct, ~8.20. I would expect a pullback here, or at least some sideway consolidation. If the action looks good, I will add to my poisiton with a 1st target ~9.82.

Still like it for double digits in the next few months, if not sooner.

Good luck all.

 

Thanks for the analysis. It is giving 8.20 a run after hours, so that pullback may not happen just yet!!! What are you in from?