Billnew52- well,
realize that it's a POS beating up shipping stock, so first thing
don't marry it. 1st technical target I see is about $8 or
so
nice volume today. Also most of my other trade ideas broke
out, I hope you guys caught some of the other long ideas instead of
being fixated with the market :)
we do the work to look for those ideas, so don't ignore them.
I think the market will remain choppy, that's why I think now
it's good to focus on some individual trade ideas vs trading the
market indexes
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FRO from last night's newsletter
Posted by matt on 30th of Aug 2011 at 10:14 am
FRO - beaten down shipper, up nicely, now testing the downtrend line and 20 day MA
Up 13%...Nice Pop!
Posted by wmlafleur on 30th of Aug 2011 at 12:09 pm
FRO target
Posted by billnew52 on 30th of Aug 2011 at 11:00 am
Matt,
Do you have a target on FRO? THX
Billnew52- well, realize that it's a
Posted by matt on 30th of Aug 2011 at 12:37 pm
Billnew52- well, realize that it's a POS beating up shipping stock, so first thing don't marry it. 1st technical target I see is about $8 or so
nice volume today. Also most of my other trade ideas broke out, I hope you guys caught some of the other long ideas instead of being fixated with the market :)
we do the work to look for those ideas, so don't ignore them. I think the market will remain choppy, that's why I think now it's good to focus on some individual trade ideas vs trading the market indexes