Stock Market Game Trades - September 25, 2009

Now that I've exited many of my open positions, I have a lot of new trades to get into. Below are the ticker symbols, and quick descriptions of why I will enter the trade.

DELL - I'll buy this stock because the Stochastic is now below 20, and the RSI has reached a point that the stock has always followed with a rally during its current uptrend. I expect to pay around 15.70 per share, and I intend to sell at about 16.70 for a profit, or 14.50 for a stop.

MFLX - I'll buy this stock because the Stochastic has dropped below 20 and the RSI has reached a previous valley during its recent uptrend. As long as this stock doesn't change its 9-month trend, it should move up. I expect to pay around 28.00 per share, and I intend to sell at about 30.00 for a profit, or 25.50 for a stop.

NRG - I'll buy this stock because both the RSI and Stochastic are reaching previous valleys after about a week of the stock dipping. I expect to pay around 27.00 per share, and I intend to sell at 29.00 for a profit, or 25.00 for a stop.

LCC - I'll buy this stock because it has broken into an uptrend. Both the RSI and Stochastic are forming valleys. And the stock is bouncing off the moving average floor. I expect to pay around 5.00 per share, and I intend to sell at 5.75 for a profit, or 4.00 for a stop.

AM - I'll short this stock because both the RSI and Stochastic are above 80 after huge recent gains. I expect many to take their profits soon and the stock will take a dip. I expect to sell short at around 19.60 per share, and I intend to cover at 18.60 for a profit, or 22.50 for a stop.

AFFM - I'll short this stock because both the RSI and Stochastic are above 80. The last time the RSI reached as high, the stock dipped shortly after. The stock has recently had a large gain, and I expect many to take their profits soon. I expect to sell short at around 5.10 per share, and I intend to cover at 4.60 for a profit or 6.00 for a stop.

HOGS - I'll short this stock because both the RSI and Stochastic are above 80. Huge recent gains means profits will soon be taken and the price will likely dip. I expect to sell short at around 14.50 per share, and I intend to cover at 13.75 for a profit or 16.00 for a stop.

Many of the stocks I plan to buy are based on the current trend. If the trend breaks and the stocks continue to fall, I'll sell at my stop points and take the losses, but will not ride a crash down. However, if the stocks continue their trends, then I should see some profits from the trades. We will see how it works out. Thank you for reading. I'll update immediately if I make any trades during the trading session.