Hit my first stock target price prediction on Southwestern Energy Company (SWN) @ $41
SWN yesterday hit $41 and just today pulled back as typical, but definitely on a moving force. I believe the last time I spoke last week it was over $35. What a great call option play, but I’ll have MY day and as long as I keep up with my numbers I should be more ready this fall. It might just work out for me this time with the market poised to turn harder up with all of Fed. Bernanke’s talkin-the-talk, rumors being spread, some mediocre better numbers on economic reports, and stocks finally moving back up leaving their steeply discounted prices. It bothers me a bit. I admit it, I want to trade so bad. I have to resist the powers and keep my promise to myself….man these months discipling myself not to trade have been hard. I get these voices saying, “come on this one will work, you’ve been waiting for it, it will only be one trade…” I have to resist the evil within. I’m sure it means fun and good intentions in it’s own evil mysterious universal ways but I need to stick to my big guns and keep them strapped in just a bit longer.
There will ALWAYs be trades in the future, big moves, small moves, and no moves. Everyday the stock market goes up and down, sidways, and life goes on. Today I’m a trader, tomorrow, and for the rest of my life.
I WILL MAKE LARGE PROFITS OFF YOU SWN, AAPL, NUE, GOOG, SPWR, FSLR, GME, and housing stocks your time is near! You better be afraid market makers of this big Clint Eastword city slicker trader! Be very afraid I will come back the Green Giant!
Other news on stocks – General Motors (GM) 1:100 reverse stock split. What a joke. NOW THATS A PUT OPTION PLAY! This stock when it goes from $2 to $200 (your money cut in half) will start selling like girl scout cookies. Oh, the put option on that baby will be one fat profit play mark my words. ill do an update on it a few weeks after its split. reverse stock splits are the worse.
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This entry was posted on May 6, 2009 by Paul Awol. It was filed under aapl, aapl calls, apple aapl stock, apple computer blog, call options, how to become a better money manager, how to become a patient trader, how to retire young, hundreds turned into millions of dollars, predictions on stocks, Southwestern Energy Company, swn options and was tagged with 1:100 split, aapl, call options on swn, fslr, gme, goog, how to be disciplined and patient trading stock options, how will GM reverse stock split affect my portfolio?, nue, southwestern energy stock predictions, SPWR, stock options trader, swn.