RE: Watchlist - Investor method
(2013-10-16, 12:44 AM)anupam384 Wrote: Isatrader, after you posted the other day that shipping industry is doing well, I have come across the same at least in 2 different places. I have DRYS on my watchlist and am waiting for it to pull back further.
I also found another stock IDI. Seems like it has formed a good base over a couple of years and is ready to breakout on really high volume. What are your thoughts about IDI. Thanks.
I'm of the same view on DRYS and am targeting a pullback towards low $3 zone for a possible entry, as DRYS and EGLE look to be the strongest in the group currently. But watch the Baltic Dry Index.
IDI is another Chinese stock clearly getting some interest by the volume build. It's showing all the right signs of strong volume on the up weeks and contracting volume on the pullback. Good find.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.