CYRS was a profit gusher for us today, I`ve got another oil pick for
tomorrow
What a day for Soup members!....
CYRS justified all of my faith in it
with a MONSTER day. I couldn`t be more pleased as ALL my members
watched a very strong move from the open today -- and with HISTORIC
VOLUME.
I said last night that "the time is right for the Oil and Gas Sector."
And, I was right! I also took a look at the chart yesterday and said
that all I could see was "UPSIDE". I don`t want to brag, but I was
right there too.
CYRS today had phenomenal volume and a peak gain of over 25%! I keep
looking at the chart to see if the stock is overheated or "getting
ahead of its self" and find only positive indicators.
I am still recommending that you keep an eye on
CYRS. Now that it has
smashed through its 35 cent resistance level and then tested it on a
pullback today, the next resistance level is at the recent high of 47
cents. Can
CYRS continue its run I do not know, but I believe that
members should still keep it on their radar!
NOW....having said that, I always recommend that my members take
profits "off the table" when the opportunity presents itself. Make
sure you have plenty of cash to play when the next opportunity comes
your way. Speaking of which....
*** NEW ALERT TOMORROW ***
It must be "oil and gas" week on Investor Soup. I couldn`t help myself
as I`ve found another great resource company I want to show you
tomorrow.
This next company is so strong (and I don`t use that term lightly),
and it has excellent properties with PROVEN reserves.
The opportunity presents itself to get to know a company NOW that has
all the earmarks of being a major player in the Oil and Gas sector.
I will be releasing my pick at 9:30 a.m. EST (that is EASTERN STANDARD
TIME). I got chastised last night (via email) by one of the members
for not making note of the time zone....sorry.
One of my members emailed me to let me know what he thought of what
Soup is doing.
Hello,
Last week you did make some great picks and I followed each of them
carefully. I really like the way you take your hands off the table if
nothing is catching your radar or when you are done for the week, like
on Friday and this Monday and Tuesday. I really like the oil/nature
gas sector play. If you can notify me of the pick early, maybe I can
get in pre-market. Is this possible
Best,
Justin B.
Thanks, Justin. I got a flurry of emails last night after my
email....keep `em coming. I get a lot of emails from members asking me
what I think of a particular stock. I have put a list together and I
plan on also releasing my "reader`s picks" on Thursday or Friday of
this week on my blog. Be sure and check Investor Soup regularly.
One note on what Justin said.....I don`t do pre-market alerts!!! This
is for the simple reason that I don`t want members to enter pre-market
orders. When those orders stack up, it makes it easy for the market
makers to gap the stock at open and then my members don`t get to book
as much of the profit. I`d rather give everyone the same chance to
profit out of the gate as opposed to a few eager traders ruining the
day for the rest of us.
Discipline is what makes a good trader GREAT! I will continue to
search out the best trading ideas and you continue to let me know how
I am doing. Deal
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