March 29, 2011 9:45 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.
Technology Research Corporation (NASDAQ: TRCI) shares surged 39.26% to $7.13 at 9:45 am. Coleman Cable (NASDAQ: CCIX) announced its plans to buy all the outstanding shares of TRCI for $7.20 per share in a deal valued at $51.5 million.China GengSheng Minerals Inc (AMEX: CHGS) shares advanced 20.75% to $3.55. CHGS increased its total annual fracture proppant capacity by 20% to address rising demand.China Shen Zhou Mining & Resources Inc (AMEX: SHZ) climbed 11.08% to $4.71. SHZ reported its Q4 net sales at $4.9 million, up from $1.1 million, in the year-ago quarter.New Energy Systems Group (AMEX: NEWN) jumped 9.70% to $6.22. NEWN reported a 113% year-over-year surge in its Q4 revenue.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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