Thursday, May 17, 2007

Another thing I don't do is

IPO, today's CSUN is a great example, so hot, however I am going to watch it and trade it when I see the inital wave fades and new wave are generated and also get myself familiar with its trading range. nice one to watch and learn for today

Why? same as ER, I have no control of my downside risk, no matter how tempting it seems, not my money.

being watching this one for a while, the impression is it is going to be very hot in short time period, waiting for the first major pull back to mid to high 12 and load.

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