Monday, September 5, 2011

Trading Alert for 9/6/2011

Markets are closed today, so the symbol we filtered on Friday is our play for tomorrow, Tuesday and this is $PEIX, old and reliable friend of us. It has a long and reliable track record history in our Pennystocks100 startegy and is one of the most profitable symbols we've been trading. Set up for Tuesday looks good. We traded $PEIX on Aug 26, few days ago and again harvested healthy 4%+ profit, but the bullish set up has not yet fully revealed itself. Bullish speculators know something about $PEIX and I am sure they will be pushing it higher again next week.


Backtested Symbol: $PEIX
Backtest Strategy: Pennystocks100 (5 min chart)
Period: Sep 2, 2010 - Sep 2, 2011
# Win: 11
# Loss: 5
Winners: 69%
Profit-Loss%: +49.18%

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