Image via WikipediaReady to do some TRADING? Check out bill Kraft's newsletter "Another Winning Trade" where he shares bits and pieces like this for you.
Trend Trader -- by Bill Kraft
Trend trading as we try to practice it is a form of momentum trading. We prefer to try to capture profit out of the middle of the trend rather than try to catch reversal at bottoms and tops.
Here's a look at a trade Bill is currently working on:
AmeriGas Partners LP (APU)
This gas related master limited partnership has shown a relatively high dividend yield and has recently broken above resistance on strong volume. The move was on Friday, so I'd like to see how this behaves early in the week.
You canc heck out his book at AMAZON.COM
"Trade Your Way to Wealth: Earn Big Profits with No-Risk, Low-Risk, and Measured-Risk Strategies (Wiley Trading) (Hardcover)
Saturday, April 19, 2008
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