AceTrader: Buy: Symantec (SYMC)

AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

About Me

Name: Jaewoo

Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Thursday, March 30, 2006

Buy: Symantec (SYMC)

SYMC went up 6.56% today.
I've been watching this for sometime.
Today it broke both 50 & 200 day M.A. (Good sign)
Down side is very small & up side is quite big.

Therefore, I am in.
I was trying to get it at $16.7 but it went stright up.
Tomorrow I will try again to buy it in the 16's.
Expect 20-30% gain on this one without much pain.

Oh, if you don't know what business SYMC is in, too bad.
You need to at least look that up.
Trust me, you already gave your $ to SYMC whether you know it or not.

3 Comments:

Gregstarr1 said...: What a Super Idea! Thanx Jae, for sharing!!!; 10:12 PM
Jaewoo said...: Hey, I do have some time on my hands. Why let any of my energy go to waste?

Some of you have to thank God that yo have access to my blog.

Have a nce day! :-); 9:15 AM
Anonymous said...: Hi! Just want to say what a nice site. Bye, see you soon.
»; 7:05 PM