Alcoa Inc. (AA) The Next Double Part I by Oliver Velez
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Uploaded on Dec 29, 2009
In this mini educational video session, Oliver Velez explains why he thinks ALCOA (AA) can more than double from current prices. Listen as Mr. Velez teaches how to spot heavy institutional buying that often leads to major up moves in stocks.
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Uploader Comments (Oliver Velez)
Othello704 3 years ago
Thanks for an easy to follow, easy to understand presentation that makes sense. I was a buy an hold investor but it appears that those days will no longer get the job done. I've been looking for tips on swing trading and found a couple of your videos on youtube. I'm hoping that my 2010 year will be much more profitable than the last couple of years has been. Again, thanks for sharing your knowledge. Subscription added.
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Oliver Velez 3 years ago
Well, Othello, perhaps the "stick your head in the sand and forget about it" style of buy-and-hold is a thing of the past, but holding plays over a longer period is the key form of what I will call "wealth trading." In fact, its my specialty. Stay tuned. You'll learn how to do it along with me.
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raisort 3 years ago
excellent video, Oliver
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Oliver Velez 3 years ago
thanks raisort
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Jose Santos 3 years ago
Great video big O, keep it coming
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Oliver Velez 3 years ago
You can count on many more to come, jvsantoss.
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All Comments (10)
Oliver Velez 3 years ago
Thanks tagawa. Many more to come.
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Oliver Velez 3 years ago
Riddlept, it's hard to say. It is my belief that profit taking by institutions was held back to prevent tax consequences. So, January is likely to see the market take a breather over the next few weeks. If that is so, that could help AA pullback toward the zone. However, I'm not opposed to buying a small lot on a break above the recent highs either. Let's see what happens.
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Riddlept 3 years ago
When do you think it will drop to 14.5 ?because with the earning coming out so soon this year i don't see it coming down , instead a bullish run . What do you think ?
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