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[QUOTE]Originally posted by Chart walker: [QB] I'm about sick of having to baby sit Pennystocks. The big main players like QQQQ, DIA or SPY are about all you need. That and the Gallery page at stockchart.com. You can watch MSFT, or GOOG with NO GAMES and BS and make great profits, safer IMO. If the Naz is in a weekly uptrend go with CALLS, down trend showing in the weekly go with PUTS. With "simple" charting skills and buying at extreme tops or bottoms (weekly charts) it's hard to lose when buying a 6 month contract and selling with 1 month to go. I go with straight CALLS or PUTS, nothing fancy, no need if you know where the market is headed IMO. That's why I thought I would start documenting what I'm doing. This is far more predictable and less time consuming then penny's ~ I may roll out of Penny's all together in 2007, takes to much time. [/QB][/QUOTE]
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