Monday, March 05, 2007

Trade Stock with Play Money - Win a Million Bucks

The CNBC stock trading competition is on once again. And this time instead of a maserati, you get a cool million dollars.
Trading in a down market for quick gains, is essentially crap shoot, however, I think one can learn a thing or two about the market.
This is to encourage you to join the game. I will blog about my choices and why and I hope you can join me too.
First trades -- 1000 shares of Goldman Sachs (GS) and 1000 shares of Sears Holding (SHLD).
Why? GS is the best managed brokerage; and SHLD is an investment holding company disguising as a retailers. More importantly, I expect both to rebound once the market has hit rock bottom.

Happy Trading!

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