Market Comments Submitted by Nick at My Ambitions as a Stock Trader
Submitted by My Ambitions as a Trader and Investor
Taking Advantage of Some Dips
I took advantage of some dips in LZR and MAXY. I believe that these stocks should close well of their intra-day lows by the end of the day. I apologize for making such a bold prediction, but I’ve seen this happen way too often. That is why I sometimes abandon my automated stop-losses on stocks such as these. A little bit of stock price manipulation is all it takes to set off a ton of stops in order for the late comers to get their fills in at a lower price.
Update: Added a bit more to AIPC, OPTR, QCOR
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