Traded QTM for AGEN In IRA / Stock Rake

Traded QTM for AGEN In IRA

Home / Biotech Stocks / Traded QTM for AGEN In IRA

October 11, 2007

Took a 3.75% gain in QTM and swapped it for AGEN. Bringing on some risk, but the chart looks like it wants to go higher..

Posting charts in a few minutes.

Longer term Weekly Agen Chart:

Current Agen Weekly Chart:

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Made A Slew Of Trades

Trades
I made a bunch of trades yesterday that I didn’t get a chance to mention and made a few today as well. I have been in cash in my index trading...

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Being long. I took profits this morning, but the market had a little more in store. I was happy with my gain. 2% in NDX and 1% in RUT. INNO –...

Bought AGEN

Biotech Stocks
Picked up some AGEN @ 2.72.

KB

Good call on QTM. I waited and the dip hit me. I hope to see it rise so I can some money and cash out.

Keep up the good calls!!!
KB

Good call on QTM. I waited and the dip hit me. I hope to see it rise so I can some money and cash out.

Keep up the good calls!!!
http://www.stockrake.com Sensei

Thanks…I just checked my watchlist and AGEN was the best performer after the reversal. It was nowhere near the top during the day.

I still believe QTM is an excellent buy though. Looking for a pullback in the stock to 3.6 zone which is about a 50% retracement on the fibos.

I should also say that I kept it in some accounts and only sold it for AGEN in my retirement account.

QTM is cheap fundamentally and when tech decides to actually take off (it really hasn’t been a tech rally, but more of an emerging market/software/internet), then QTM will participate bigtime.

Storage is hot.

Thanks for the comment KB.
http://www.stockrake.com Sensei

Thanks…I just checked my watchlist and AGEN was the best performer after the reversal. It was nowhere near the top during the day.

I still believe QTM is an excellent buy though. Looking for a pullback in the stock to 3.6 zone which is about a 50% retracement on the fibos.

I should also say that I kept it in some accounts and only sold it for AGEN in my retirement account.

QTM is cheap fundamentally and when tech decides to actually take off (it really hasn’t been a tech rally, but more of an emerging market/software/internet), then QTM will participate bigtime.

Storage is hot.

Thanks for the comment KB.

http://www.stockrake.com