Wednesday, April 2, 2008


I posted a chart of CIT about a week or two ago with a $14.77 breakout alert. Getting close in here, if it breaks through with volume it could rip higher.


Anonymous said...

Whats your thought now after the pullback from yesterday's high on CIT? Should it be bought now?

upsidetrader said...

i actually like it,it did what i thought it would do yesterday at the breakout price and ran a quick 70 cents for a nice trade-looks like it is forming a cup'handle and the volume has been great,if the market stays decent for the financials this one looks high teens

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.