Tuesday, January 16, 2007


Nextnation was up early today. It went to a high of 71c before the bears took over. Maybe the bulls had used too much energy yesterday and so were unable to continue pushing forward. Hopefully after a rest of one or two days, they will be able to perform better.

I have invested a sizeable stake in the company for the long pull. I have always preferred to invest rather than to speculate. For those who wish to trade, the stop-loss is at 60c. That means if the stock drops to 60c, you should immediately sell and cut your losses.

Most traders lose money. If you try to be the exception, you will need to be extremely lucky.

Please be reminded that you are 100% responsible for your own action. You buy or sell at your own risk, absolutely.

Best of Luck.