December 28, 2010 10:15 AM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
At 10:14 am, the Dow lost 0.10% to 11,543.90, the broader Standard & Poor's 500 index moved down 0.09% to 1,256.46 and the NASDAQ composite index fell 0.21% to 2,661.75.The industries that are still afloat in the market today are:Networking & Communication Devices: This industry jumped 1.05% by 10:14 am. The top stock within the industry was Lantronix Inc (NASDAQ: LTRX), which rose 10.9%. LTRX announced new stock option grants under NASDAQ Marketplace Rule 4350.Regional - Mid-Atlantic Banks: This industry rose 1.00% by 10:14 am ET. The top performer in this industry was Old Point Financial Corporation (NASDAQ: OPOF), which gained 3.5%. OPOF's trailing-twelve-month revenue is $34.02 million.Nonmetallic Mineral Mining: This industry moved up 0.93% by 10:14 am, with China GengSheng Minerals Inc (AMEX: CHGS) moving up 14.2% to gain the top spot. CHGS' PEG ratio is 0.35.Silver: The industry, which gained 0.82%, saw Endeavour Silver Corporation (AMEX: EXK) as the top gainer. EXK's shares rose 4.1%. EXK's trailing-twelve-month operating margin is 14.15%.Read more
from Benzinga's Markets.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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