daytrade diaries... thursday, page-15

Aj - to be honest, it was just a risk assessment at the time. I knew that someone would pick this up (move from spec to mids). I might add that I did try to get onto ADY yesterday at 1.4 but simply got scared. In fact, a number of stocks were scaring the hell out of me lately and have resulted in reduced profits, reduced trading and reduced losses (none).

I think right now, the mid caps offer the greatest potential for 'lower' risk buys. It will not be the spec end that takes the lead IMO. When the corrections happen (and hey will), take positions in mid caps! SERIOUSLY!! Those shares I mentioned above have tremendous earning potential. SSM has also had some limelight lately... for long term plays (if that is your opportunity), you will make great returns in future YEARS. On the spec end for today - HFA.

iPod
DOG WASHER