Bought LJPC @ 14 Cents
By admin on Apr 27, 2009 in buys
I’m not using my screener on this one, instead I’m trying to play the back and forth motion to see if I can get a quick profit. I think this strategy is dangerous and I’m already sort of kicking myself for doing it. There was nothing good coming up on my screener and I had an itchy trigger finger.
It does seem likely that playing the back and forth swings could be quite profitable (isn’t that what day trading is all about?) but it’s not something I have a great deal of experience with. I usually play slightly longer term momentum plays using my screener.
So basically what I’m saying is: “Look ma! No hands!”


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