Business & Finance
Business and Finance
Business and Finance 
Wed, January 6, 2010
Zacks' Voice of the People Highlights Opportunities with American International, Excel Maritime, ING, Commercial Metals and Kni
CHICAGO--([ BUSINESS WIRE ])--Zacks highlights commentary from People and Picks Trader "rjm77me".
"To make reasonable 5% profit on swing trades, one need to latch on to some volatile stocks. Stock should have pulled back on lower volume. Last 7 trading days of December are deceptive."
For more Voice of the People, visit [ http://at.zacks.com/?id=5851 ]
Featured Post
Player "rjm77me" tells how to make 5% in 2010.
"To make reasonable 5% profit on swing trades, one need to latch on to some volatile stocks. Stock should have pulled back on lower volume. Last 7 trading days of December are deceptive.
Examples
I am a buyer of (NYSE: [ AIG ]) at 29.59 plus minus 15 cents. and will be ready to sell for 5% profit. Hour to hour it can mean pain or fluctuations. I did trade some option - bought on dip and sold on up move were good for 50 cents on 3.80 investment - held for one hour
(NYSE: [ EXM ]) a buy when ever it dips below 6.30
(NYSE: [ ING ]) - when ever it dips below 10.00 - it dipped below 9.90 of Friday - last trading date - bought some and was good for quick profit today or one can hold for long term gain of 50% in about a year.
(NYSE: [ CMC ]) is a buy below 15.80
(NASD: [ NITE ]) is a buy below 15.45
(NYSE: [ AOB ]) under 4.45
One can pick some boring names like (NASD: [ TASR ]) under 4.34 and good for 15 cents to 30 cents
To me these are low risk and can be bought with limit orders
Some what elevated risk candidates poped today are. These had good POP today.
You can keep on screen if you are a day trader and buy and sell for short term profit
(NYSE: [ BTU ])
(NYSE: [ MTL ])
(NYSE: [ X ])"
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