Date updated:07-13-2007
Portfolio description,,Hum
Best I can describe it is, Some of my stocks are risk/reward plays and some are 21 DMA plays and some are high risk plays.
When using chart analysis I like trading a stock using 21 DMA as my trading guide When a stock has been trending down under 21 dma I'll watch for the first jump back above the 21 DMA and see how far it will go and come back to test the support of the 21 DMA if it holds that support then I'll enter and hope for that support to hold and see if a new uptrend will form and ride it till the 21 DMA support is broken and will use mental stop for a sell: Reason for mental stop is stop loss order can be seen by M&Ms and they can controll price movements to take out stop loss and move price back up,if you use stop loss it's better to use trailing stop loss,it is hidden till it gets hit then it becomes a market order to sell but I still don't like it because if a stock has a lot of stop loss orders then your trailing stop loss gets taken out also.,,Best to use mental stop loss and stick to your plan if it gets hit you can always jump back on if it continues to go up but much harder to regin your loss if it continues down.

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DORB
Dorb - $0.00
- N/A
- $N/A
Found this reading WGs thread and liked the chart and PRs coming out on it and operates in two segments BioTherapeutics and BioDefense with products in trials,,,Orbec an orally administered corticosteroid that exerts a potent and local anti-inflammatory effect in the mucosal tissue of the gastrointestinal tract;Oraprine, an oral suspension of azathioprine; and LPE and PLP systems for delivery of water-insoluble drugs The BioDefense segment offers RiVax, ricin toxin vaccine, a heat stable toxin that is isolated and purified from the bean of the castor plant; and BT-VACC, the Botulinum toxin, a poisonous natural substance that causes acute, symmetric, and descending flaccid paralysis due to its action on peripheral cholinergic nerves. I bought this stock when it was trading @.26 What better risk/reward can you have then this.

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EFSF.OB
N/a - $0.035
- 0.00
- $0.035
Another I give credit to WG for. This stock has so much potential I had to grab some when it was @.395 a while back and even though it has gone down since and has just about come back to my buy point I'll contiue to hold for the PR on dupont. Another I think Reward far outweighs Risk and will continue to hold

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ERS
9.90 - $2.02
- 0.00
- $2.02
Just bought this one a few days ago @10.04 . It's been trading sideways for 5 months now and just came back above 21 DMA If trend continues as the past five months I should get limit sell order filled @11.00 within one month Wish me goodluck

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NFI
Nfi - $0.00
- N/A
- $N/A
Just a gamble here for a buyout. Bought @8.025 a few days ago The form the bailout might take is unclear, but sources believe that Mass Mutual, which operates as a closed-end investment company, may make an investment in Kansas City, Mo.-based NovaStar. The investment could be made either directly or via an affiliate such as Babson Capital Management, which is itself an investment company and serves as adviser to Mass Mutual.
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A. A stronger dollar, reduction in
government debt, gold backing of the
dollar.
A. The only one I own : SLX,
too hard pick a winner out all of them
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