Zacks $100K Challenge 2007 Top Player Interview features Fibernet Telecom, Omrix Biopharmaceuticals, Juniper Networks and Internet Gold.CHICAGO -- Zacks.com introduces its $100K Challenge 2007 top player interviews, which feature insights from the leaders of the Zacks Simulator game. This year the Simulator's $100K Challenge allows investors to prove their stock picking abilities by competing directly against other players for a possible $100,000 contract with Zacks.
Michael Cavanaugh Michael Cavanaugh is the name of a number of people:
IGLD International Grand Lodge of Druidism ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=2518
Highlights from the January 17 interview include:
What is his approach?
Michael looks to take advantage of a rise in stock price. "My investment style is technically based with a focus on momentum", explains mcav24. "I look at 3-, 6- and 12-month charts utilizing momentum indicators Momentum indicators
Indicators used in market analysis to quantify the momentum of upward and downward price movements. ."
He has used personal experience to improve his trading strategy In finance, a trading strategy (see also trading system) is a predefined set of rules to apply.
Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same . Michael says that "time and constant adaptation" have played a big role in changing the way he approaches investing. He admits that his current success is basically the result of "finding a whole bunch of different ways to lose money, before I found a groove".
The Simulator player's holdings include Fibernet Telecom (Nasdaq: FTGX), Omrix Biopharmaceuticals (Nasdaq: OMRI), Juniper Networks (Nasdaq: JNPR) and Internet Gold (Nasdaq: IGLD). Click here to check out this competitor's entire portfolio: http://at.zacks.com/?id=3314.
What does his crystal ball say?
Michael is Michael I, Byzantine emperor
Michael I (Michael Rangabe), d. c.845, Byzantine emperor (811–13), son-in-law of Nicephorus I. He supported orthodoxy against iconoclasm and recalled Theodore of Studium from exile. in the bullish camp. "I believe the Dow is set up for another stellar year. I would look for a minor correction before Q1 is over, and then 13,500 by the end of the year."
Check out the complete interview and learn more about the Simulator at: http://at.zacks.com/?id=2518
The $100K Challenge is On! Do You Have What it Takes?
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