Wednesday, February 14, 2007

The Fun Ride Starts

Hi I am a big believer in having fun and doing what you love to do. The only catch is I love to do too many things! I was not going anywhere with this since I wanted to be PERRRRFECT...a chronic desease and highly annoying. So I have shed that off. I decided to pick one up and get going with it. The lucky one is stock picking. I love to pick stocks and I would like to think I am good at it. Markets fascinate me. My philosophy is quite simple. Use a pot pourri of methods to pick the best promising stocks and sometimes even Options. Sticking to just one strategy works only in one kind of market. So I like to be flexible to be able to embrace any kind of market - rising, falling, sideways. If my stock picking does well, I will think about a commercial subscription service. But that is a while from now. And if you are reading this, consider yourself lucky because you will get to make money without paying anything for it as long as the free posts last! :) And here come my first day picks:

CRDN Long: Reasons - Beautiful technical chart pattern. Lot of room to roar ahead. Stellar growth, weak competition from peers, favorable reports, undervalued compared to peers. (Added note: Bought at 2/14 close - $56.44)

BZH Short: Reasons - Technical patterns. (Added note: Bought at 2/14 close - $41.54)

February Open List
CRDN - buy
BZH - sell

February Closed List
None

0 % Gain so far