Top Alerts Update Momentum Traders Network 08/23/09
Aug 24th, 2009 by beststockreport
AUGUST 23 , 2009
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ALERTS UPDATE
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WELCOME to all of the new members…
ALOT of you are in the alerts on FNM and FRE and SIRI … These have been the most popular alerts since the March alerts on BAC and FITB etc….
SIRI now breaking into the $0.70’s has been a great play since all of the sub-10 cent alerts…
FNM and FRE remain very speculative, however, are still incredible value plays based on stock price charting…
STRATEGY … The single most popular strategy for all of these alerts that are double/triple plays… is to sell off 1/2 of your initial shares when the stock doubles… this returns your original investment capital and leaves you with the remaining shares as icing on the cake… As longer term play stocks like FNM and FRE continue to trade huge volumes they remain top alerts going into next week !
MSFT is the only front page alert to finish the week at a new high for the year… GE is moving close to a new high and may achieve that this coming week… GE remains a top stock for the year as the coming energy legislations promise to create a great environment for GE to dominate…
PALM and YHOO have been slipping, they both have been on a steady roller-coaster pattern as they inch their ways higher over the long haul…
Alerts on NTWK, ESLR,and OCNF have been lame as investors are playing the turn-around stocks and not paying much attention to our sector picks…
We are going to be sending the pre-open alerts out again this coming week… Both HLCS and EDAP had good trading ranges to make plays last week …
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Stay Tuned as we are ramping up for more alerts next week !
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