August 28th, 2008

Seeking Advice for an Optimistic Trader

So many stocks look so compelling from a chart perspective. On the other hand, the market looks…well, you know my feelings about the prospects looking down the road. It’s so confusing and conflicting.

Here’s a list of stocks that look primed and ready to move up. Would a week market nip their momentum as the market’s negative momentum sets up tremendous headwinds. I wish I had the answer.

Here are some stocks to look at:

Being essentially an optimist who likes to trade (a dangerous combination), I can’t resist taking a small bite out of this list even though the MTI says, “don’t do it, it’s too risk based on similar circumstances in the past.”

What do yo think? What would you do? What should I do?

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