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Just for fun - CRDC
By: Biiwii.com   Tuesday, July 01, 2008 9:35 PM

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Remember that chart study I did where I was actually considering buying as CRDC snuck out of the downtrend line? Well, unfortunately I found it on the morning of the day that it exploded and had to settle for a silly little chart study instead of real 30%-in-a-day profits. Blecccchhhhh! I kept CRDC on my screen and while I never did go back and research it (as I recall they have some sort of complimentary product to ISRG's DaVinci surgical robot) and thus will likely focus on my precious metals monsters and trading the pig (may get tempted to trade a relief rally which I did successfully in the '01-'03 bear market as it's the same as trading in a bull except that you need to decide when to sell and then SELL hell out of it). No hesitation. Back to CRDC; it has been consolidating that unsustainable rise basically ever since that one day wonder. A strong argument for trading, eh? At least for speculative stuff that explodes out of nowhere.


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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