Posted on 09 September 2010 by admin
But again we had a weak result overall for the day.
FLPC kinda did the same thing that EVRN did yesterday. It opened up okay and then just immediately fell.
Just like with EVRN, FLPC offered us great day trading
opportunities after it fell. FLPC kept bouncing from 44 cents to 46
cents over and over and over.
That's only a profit of about 4.5%, but that happened SIX times. If you played that little bounce over and over you could have made about
27%.
So FLPC was cool for day traders, and very easy to trade.
Besides day trading, FLPC had a weak day. It was in the red all day besides the open. It closed the day down over 4%.
EVRN was a one day trade that went bad. FLPC, on the other hand, is a
company that I really like and that I think has some very serious
potential. I, of course, wanted to see a big one day gain on FLPC
today...but FLPC was not sent out as a one day wonder.
I'm not too shaken by the fact that it closed a little down today. The company is working on lithium and vanadium exploration which is a
very lucrative place to be. Just because it didn't explode immediately,
doesn't mean anything too significant. Keep your eyes on FLPC because I
think they will move back towards their highs in the near future.
This week was great for day traders, and a little boring for
everyone else just because we didn't see huge profits the day after my
alerts. TGMP and FLPC both, in my opinion, have tremendous potential so
I think it would be wise to look at them beyond a single day.
Keep your eyes on them both, especially FLPC...I believe
shareholders will be rewarded. Still keep your eyes out for news on
FLPC, just in case. If you bought FLPC today and news comes out soon, I
think you'll be a happy camper.
Hopefully if we learned one thing from this week, it's that buying
the dips and selling them quickly for quick day trading profits is a
strong strategy that works well no matter what the stock is doing.
I think this week I brought out some strong stocks, but next week I
want to try and get back to making us all quick gains on my alerts. The goal is to make us big profits from stocks that CLOSE with solid
gains and hit strong intraday highs. I'm not just here to make day
traders rich.
Watch your email boxes closely, I'll be working hard to get us some
quick gainers next week. I'm going to do all I can to make sure next
week is more packed with action and quick profits.
Keep the faith,
The Trader
Don't invest based on what I say, do your own research and consult with a
licensed professional before investing, only invest what you can afford
to lose.
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