Wednesday, November 19, 2008

Blog Initiation and Momo Trading Philosophy

Hi,

I am starting this blog officially. I've had this blog in mind for a while, and I've learned that it's better to make progress than to come up with something perfect. Let me start by mentioning some of my favorite momo stocks that I follow:

Tech Names: AAPL, GOOG, sometimes BIDU
Ag Names: POT
Financial Names: GS
Health Names: ISRG

All or of these stocks used to be $100 - $150 or higher, and are quite liquid. My strategy is to capture big moves in these stocks, usually through options, over the short term. It remains to be seen if these Momo's will be the same names that lead us out of the current downturn.

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