A Trade A Day

I love computer games. However, I have been resisting buying a console. Maybe I’m too old. I mean I used to program my own games in BASIC on a PC junior. Anyway, If there’s one game that could pull me over, it’s the guitar hero series.
My friend and I, both life long PC gamers, would go over to Best Buy to play it on the big screen. I guess I’m a console video gamer in denial. Christmas is coming so maybe there will be a playstation under that tree for Daddy.
I typically don’t pay much attention to stock new stories, but Activision’s guidance due to the success of Guitar Hero III is hard to ignore. I would have hated to been short ATVI today. Definately a bear trap. Although there wasn’t much intraday to trade.

How do you make money with this one. Well, have a long position yesterday, or wait for ATVI to offer a low risk entry like a flag or base.

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I found this article from 9/23 in USA Today that is worth a read. Big foreign firms bid adieu to U.S. markets

According to USATODAY:

Already this year, 34 foreign companies have delisted from the New York Stock Exchange, and nine more have announced they plan to do so, says the exchange. That tops the 21 foreign companies that have joined the NYSE this year. Another 20 have said this year they plan to leave the Nasdaq or have done so already…”There are companies lining up to exit U.S. capital markets,”

Ouch! Less trading opportunities for you and I. Anyone trade on the Euronext? I’d be eager to see what the fills are like. Quite honestly with 10K+ in stocks to trade in the US, I probably will still be able to find trades.

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