A bit of a follow up actually here is one strategy I am working on right now. This is Betting on Stocks right now that they won't hit a certain point. I am going to check if there are any upcoming products or major changes in the company in the next 17 days (how long the bet lasts) and if nothing happens then chances are its staying flat. An example here is if Sun Microsystems Inc. doesn't touch $5.00 then I make 8% of the initial depost or if it doesn't touch $4.75 then I make 19%, this seems good for companies who stay flat alot until new products come out and normally they'll claim a new product before 30 days.
Let me know what you think of this