TSS LOST 8% 1 DAY/10% 2DAY/FAILURES 12/31

WCI NFI TARR ICOG SPF WHI JADE BZH BONT VG SOEN CLWR NTWK ACPW IQW TMY BLG LAB FINL TMA

DAYRANGERS WEEK OF 12/31

CTDC CBAK EEE FRPT ADPI NBF JADE FMT SOEN NTRZ VRNM ASHW GST WHI RVI IMM CAO SVN AKNS KOG WCI NFI MRGE TARR SORC SCA NANX GCA ARWR ROIAK AMNT GGR APPY NRMX NEXC IQW MESA BLTI UNCL GTF

Chat Logs Are Up and Current Again!

GlobalSS is a lifesaver! We have daily chat logs posted again now thanks to him. Find them on the chat room page here.

Love ya GSS.

Many thanks!

I tried to keep the chat logs up to date the past year. Thing is, I was only working part time a year ago. Now working full time and I can't do it.

Thanks to Dale (GlobalSS) for helping out. He is going to upload the chat logs daily when he can. He's a class act and a big help to the whole blog/chat.

Thanks Dale!

ROCKET THURSDAY

JBLU and DNDN blasted baby! RIGL amazing too.

Muddy: maybe news,real jiggy

Muddy: to near 29 pretty fast

pete: nice

Muddy: way jiggy

Loki: fda approval

Muddy: 52s now

Muddy: ahhh ok

davidb: RIGL is in a channel....on support right now...see if its going to break and head down or bounce off it

pete: JBLU popping also

Muddy: yes good eye JBLU

Muddy: CYBS more

Muddy: JBLU sweet

davidb: looks like RIGL broke support and heading down

TraderJJ: ADPI 5.50 nopw

jake: ICE coming out of pennent or triangle? 179

syl20: CORT popped on thin vol

Loki: DNDN lil pop

Muddy: DNDN pop too

Loki: on cnbc now

Loki: weeeeeeeee

syl20: jiggy

Muddy: weeeeeeeeeeeeee 7

pete: JBLU over 7 also

Muddy: JBLU huge ,nice one

Muddy: right off the hod list,ha both of them

StockRake: is there anywhere else that provides a hod list besides scottrade?

pete: whoa 8 JBLU

Muddy: JBLU NUTS too ,8 !!!!!!!!!!!!!!!!!!!!!!!!!!!

Loki: sweeeeeet

Loki: I have it on etrade Stock

StockRake: i dont know if Ameritrade has the capability...

StockRake: whoa JBLU more

kc: JBLU rumor of Lufthansa buying stake

Muddy: tad over 8 again JBLU

Muddy: when i traded some with Ameri it didn't

kc: BMRN drug approval

clunk: News out on JBLU now

clunk: Lufthansa buying a stake

clunk: BMRN hod

Muddy: LRN 24 touch

pete: CTCT popping

pete: USBE more hod

clunk: DNDN more

syl20: FLML new hod 9.27

Loki: FLML lil pop

Loki: BBGI huge pop, low vol

pete: RIGL more

Muddy: RIGL more

clunk: NWK halt

StockRake: AKNS...

Muddy: pre AMIS back hods

StockRake: RIGL

StockRake: market might be rallying here

Muddy: RIGL 22

mrstrader: MELI HOD cross 52

goongreen: whatuc Stock?

StockRake: PRKR anyone mention that one?

Muddy: AMIS 9.25

goongreen: MELI pop

therumpledone: Hey Muddy, did you buy RIGL?

mrstrader: MELI cross 53

Muddy: yes about where i called near open

clunk: RIGL wow

therumpledone: man...

TraderJJ: unreal

Muddy: yeah good drugs!

goongreen: what drug for?

goongreen: MELI pop to 53.76

Muddy:

clunk: arthritis

clunk: drug day today lol

Muddy: sorry that crappy ad got in my msg.

goongreen: thx

goongreen: no apology w/ 400%

Loki: MELI rippin

mrstrader: MELI cross 54 this i swhere I het confused

TraderJJ: 400%

TraderJJ: ?

pete: muddy, are you still in RIGL?

goongreen: MELI maneater 54

Muddy: pete yes

goongreen: FLML pop to 9.28

pete: nice, it shook me out during lunch with that dip

Muddy: 21 stop now

goongreen: steroids taking hit...Mitch on CNBC...dealers panicky

Loki: short em !

Muddy: oh yeah the baseball hearing

goongreen: lol...

goongreen: CAAS big pop

Muddy: 22 stop RIGL

clunk: will it do 200%?

clunk: lol

ASton: USBE lookin 4 mo

syl20: unbelievable

syl20: LRN over 25

Muddy: yes 25

Muddy: AMIS more 9.35

Loki: MASI ipo pop 40

Muddy: MASI on 52s run 40

mrstrader: a little late, but ENS HOD

davidb: JBLU halted

davidb: Lufthansa stake is only a rumour

StockRake: uh oh

mrstrader: OMTR back over 31

goongreen: oooops!

Loki: SUF lil pop

goongreen: lil bird EXAS big pop

Muddy: yes

syl20: SQNM hod 8.17

Muddy: FLML lil more 9.4

TraderJJ: JBLU says halted pending news

TraderJJ: checking news

Muddy: MATK more

goongreen: POZN alift

syl20: CRK over 34

Muddy: POZN nice

goongreen: wuz nutso.

Muddy: USBE inch 10.6

goongreen: RIMM off double bottom on daily...highballers

Loki: WWAT lil pop news

Loki: JBLU news is out if anyone still in

Muddy: china one RCH tad green 9.07

Muddy: LRN hod

davidb: yea, I'm in JBLU..........I think it will open around 7.27, the rumored price from Lufthansa

clunk: Lufthansa paying $7.27 per share for JBLU

clunk: 19% stake

Loki: CPST pop 52's

davidb: Won't see any trading till tomorrow though

davidb: Jetblue have announced it now

syl20: NPSP hod 4.30

Loki: JBLU trade time 3:25

syl20: SQNM hod 8.20

Muddy: DNDN upping back some near 7

TraderJJ: CPST hod

syl20: RIGL back at 23

Muddy: yes

Muddy: i'm out 21.7

syl20: i was out way too early...

StockRake: DNDN news is kinda cool

goongreen: whats say Stock/

goongreen: SUF steady up

Muddy: 200% geez

syl20: RIGL over 24

StockRake: RIGL 24 geez is rt

syl20: man...

syl20: it's killing me

ASton: ha

therumpledone: Muddy... MARKET'S RED, YOU SHOULD BE IN BED!!

TraderJJ: lol

Muddy: ha,yeah thats right

Muddy: JBLU open

therumpledone: Did you ever buy a Zippo from JoeG?

Muddy: hehe,no

mrstrader: OMTR cont. at HOD

Muddy: been steady yes

Muddy: AMIS lil more 9.45

Muddy: JBLU vol flying

syl20: what is the price ?

davidb: everything!

Loki: MASI 41

syl20: FLML at hod 9.49

davidb: RIGL off again

Muddy: looks like more coming yes

therumpledone: Hey Bill, remember that SHORT idea we talk about? I am up over $3,000 now...

therumpledone: I put a portfolio on wallstreet survivor

therumpledone: $3,800 at the moment...lol

TraderJJ: nice TRO

mrstrader: MASI still making new highs, anyone holding o/n?

therumpledone: Yes, it is way too funny how many ways you can make money off the TRO STAT SCAN...LOL

Muddy: Tro,its easy $$

Loki: not me, will be out before eod MrsT

syl20: FLML 9.70

therumpledone: yes, I was down a grand or so but like you said.. wait about a month...lol

Muddy: yeah just wait,most get smoked

Loki: SDTH pop near green

therumpledone: Well, the market DID PEAK while I was short...lol

Muddy: FLML going nice

therumpledone: wow RIGL made up that big drop in 2005

therumpledone: bet those people are happy...lol

goongreen: SUF ablaze

goongreen: 21 green stats scan 12/03

mrstrader: MASI has news/new contract behind this move

Muddy: MASI near 42,nice

therumpledone: Dow and SP500 green

therumpledone: get ready to wake JoeG up

goongreen: MUD run to bank?

goongreen: RIMM 104 kiss

Loki: LULU back 47

mrstrader: OMTR 32

davidb: RIGL new high

TraderJJ: RIGL unreal

ASton: USBE on upping

syl20: amazing ... !!!!

syl20: over 25

syl20: went close to 26

Loki: LRN more

syl20: yeah, was about to say the same thing

mrstrader: CRDC lil pop

Loki: POSS 17 break

Loki: super day, thanks all

goongreen: ty bye

ASton: ditto//

davidb: Thanks for the RIGL tip

ASton: amis

therumpledone: byebye

syl20: bye everyone ... see ya on Monday !

BELOW ARE THE STOCKS I HAVE LOADED.......

for next week plus the highest 140 % runners on the basic TSS listed in order of number of times they've run 10-19% in the last 100 days.

As I've said before I scan the HOD list most of the time during the day but to take a break and give my eyes a rest every once in awhile I quickly flip through all these watchlists looking for stocks that are looking like they are ready to break new hods.
It's a great way to find the ones you miss on the actual scrolling HOD list.
I always seem to catch a few nice ones a week this way I'd otherwise miss.
And the way some of these higher rangers I watch run sometimes it's well worth the effort.

I also scan premarket leaders, especially paying attention to ones that hit the leader board late near the open.
Also I note the stocks that were on the afterhours leader list but don't appear on the pre leaders list or are late hits to it.
Also 15/20 minutes before open I run through all my Scott watchlists and look only at stocks that have premarket volume and the bid is at or over the previous closing price with the ask quite a bit higher than the bid.
This is another reason I like to keep so many watcthlists because many of these I don't see on any other premarket leader lists and some really do run well.
Earnings news and drug news (RIGL whoa!) off the premarket lists I pay very close attention to.

OLDER AND SOME VERY RECENT IPO'S I SCAN FOR POPS

These can have a way of popping on me without me seeing them on the HOD list, especially the newer ones until the symbols get burned into my brain.
So I keep a list of 20 on Scott of ones I feel have the moves from time to time.

The first 4 are new in the last couple of days.

LRN TNK MDAS MEMS CLNE WX STAR SCOR MASI KUN RCH PRGN MELI LULU STV VMW DDUP INFN PWRD GRO

TSS LOST 8% 1 DAY/10% 2 DAY/FAILURES FOR 12/17

NFI SCON WCI SCA CNOA IMB HSOA BIDZ CPWM WHI DEIX RAS NTWK EEE SORC NUVO UGTH BXC MWY NWK

GAINED 8% WATCHES FOR 12/17

ESLR FRPT CSUN SVNT ADPI SWHC CLWR EXEL MGRM AVR SIMO PEIX CMZ TRU AKNS MESA ASYS SNG MNTA MRGE VRNM FRNT DLII BMTI ADY KAD WIH AGFL PRC ACFN BMRN JASO MELI YGE AFFX URI VYHN MOSH NASI HEB

All stocks are average day range(30) above 3%

Someone asked if I could only watch one group (list) of stocks which would it be.
Day after day it would be these,yesterdays momo's.

LOST 8% WATCHES FOR 12/17

CHINA FNSR CNXT ZQK CNB MGI CPNLQ RVI CAO PFWD NFI DSW FINL GGC MNI RMIX SWC WHI CPWM TLB ASUR NTWK SORC MNKD CHVC JAZ NRMX IDMI IFNY CHCI SPKL HYBT MWY BXC MMPI BMD NTEC CBF BUCA DWCH

All stocks are average day range(30) above 3%

DAY RANGERS FOR WEEK OF 12/17

CFC FRPT ADPI CAO SCA SPF NFI CPSL SVN LUM IQW GTOP FLE JMBA WCI MECA KKD WHI CPWM HYTM HSOA JADE MRGE CTDC SORC NUVO ZVUE UXG DLII FBTX LUNA EXAS SSTR HYBT KAD WIH MWY AGFL LEV BXC

Especially good when turning green from red.

This week to make the top 40 the cutoff was ADR(10) above 10.5%

TSS OVER $15 - 12/13

JRJC LULU ABK CHNR ASTI YGE EFUT CSIQ ELON SOLF MTH PWRD WX MTG TBSI IOC GSOL MBI ANW RWT

DOWN 8%+ YESTERDAY 12/11 WATCHES

FRPT TRID MYE ITLI SPAR HYTM NAVI IMAX HEB OSTK CAGC KOSN ALMY BIOM CTIC ADSX PEC AMC SSTR SOFO

Wait for GREEN hold,decent volume.

MOMO WATCHES 12/11

In order of yesterdays volume:

CFC RAD PMI HOKU RDN NFI NUVO SPF JMBA DPTR WCI FMT KKD SCA CRDC SDTH SORC WHI FBTX PLAB CENT SEAC TGIC ARP CAAS GBN URRE MHO CPWM PRS PFB RAMS FBP DCOM PRKR TAMO BXC GVHR IIIN LEV

Wait for GREEN hold,decent volume.

TSS OVER $15 12/11

JRJC ABK PMI ASTI LULU YGE CHNR EFUT CSIQ MELI ELON SSRX SOLF MTH PWRD WX MTG TBSI IOC GSOL

Wait for GREEN hold,decent volume.

TSS 12/11 - LOST 8% 1 DAY/2 DAY 10%/FAILURES

KUN CHVC RCH KOSN SSTR TKO HYTM FRPT SPAR NAVI DSCO ASIA ISSC IMAX BWTR RGCI EXEL PALM SWHC CTIC

Wait for GREEN hold with decent volume.

TSS OVER $15

Myself I set the scan like this:

close is between 15 and 50
average volume(90) above 50000
average volume(10) above 250000

Showed only 2 losers out of 20 stocks 2 days in a row now.
Market has been great yes, but still nice to see.

In the about 3 weeks I've tested during live trading there have been really good setups everyday.
I realize some folks like the higher priced ones,maybe something to take a look at.

A SITE I REALLY LIKE

I found a new IHub trading site, Wealth University, created 10/23 that I've been following since its inception.
Chartinator, the moderator over there seems to be a real stand up guy, plus his charting, advice, and trading abilities also seem to be outstanding.
They have opened a portfolio over there and they started with $2000 on 11/03.
After the last closed trade on 12/6 the port stands at 15,438!

There is no pump crap that I've ever seen there and all trades are posted with the exact trade alert prices and exits.
I think there is a lot one could get out of this site. Here's the link if you'd like to check it out HERE.

How the Hell Does He Do This?

Okay, he called this at the EXACT minute it started the run. How does he know? He knows tons of stocks and how they have behaved in the past is why. Says JADE has done it 6 other times on big white candles. Um kay. Plus he watches the HOD list continuously. That's how he sees them quick. The ones he knows from the past.

Running the stat scan nightly is a great way to learn stocks as you see many of them time and time again hit the scan. Look at the charts and you start to build a "runners database" in your head. Then when stocks you know hit the HOD with volume/momo, you instinctively know what to do. Hit the buy button.

TSS 12/6 -LOST 8% 1 DAY/10% 2 DAY/FAILURES

NFI CHNG BMD DEIX VLNC EEE CLWR GFET TOPT SSTR CLNE BLG HOKU RTK KOG GTOP GRO GRS SHFL ETFC

TSS 11/30

SUF BONT BLG WTSLA ENT CMRG GNVC VM IQW GTOP ADVNB PBY ETFC SMRT CENT BRLC CTR PSEG PRPL ENCY

This is the one I run every night.
It's the lost8% 1 day/lost 10% 2 day/failures scan.

Myself I have it set at:
close is between 1 and 15
average volume(10) above 250000
Also I rank them in order of their frequency top to bottom by number of times they have run 10%+ in the last 100 days.
I like to have at least 20 watches so you'll see in order to get 20 I needed to drop price down to .50 to get the last 2 matches.

So if you are following along I have this watch list today plus the lists from the basic TSS that I only run once a week for Monday thru Friday and the list of momos (8%+) from the last 3 days off both those 2 lists I just mentioned.

TSS UPDATE 11/29

PEIX which if you look at the 11/28 TSS update is on that list went gonzo today.

That is why I keep 2 day's previous lists still loaded on my watchlist and 3 days worth of the momos off each respective list. (Where PEIX came from.)

Here's how I use the whole concept of the TSS.

(1). Run the 1 day 8%/2 day 10% lost/failures list EVERY night and load the top 20 in order of times they have run 10% or more in the last 100 days.
(2). Run the basic stat display once a week on the weekend and load all stocks in order of times hit 10-19% down to and including only 7 hits in 100 days.
(3). I keep 2 previous day's lists of (1) explained above and a list of the momo runners off the list from the past few days.

Today's 1 minute PEIX chart.











That whole list today.Market not that great but these were pretty good.













A shot of the (1) method described above that shows todays watches.
As I've said before if you're a daytrader this stat scan seems to give me a huge edge

TRO STAT SCAN UPDATE 11/28

Over the last few days there have been some great trading opportunities off these stat scans.
All these nice runners were either picked up on the basic TSS (Tro stat scan) and /or on the 1 day lost 8%/2 day lost 10%/failures TSS.

Here's a list of the ones which ranked very well in regards to the odds favorable for a decent run once they go green,quite a few I traded.


CNEH YTBLA PURE UTSI SCA JADE APPY SCON NRMX HOKU JRCC OCNW CBF YTEC FUQI RAMR MMPI EMAG NM PEIX

RE:FAILURES AND BACK LISTS

If you look at the screen shot from yesterdays "combining" post of the 8% losers you will see that there were 3 very big losers.
VXGN was down 25%, TA 23%, CAMH 18%

All 3 of these were up nice today, VXGN 22%, TA 6%, CAMH a whopping 70% and catchable as it crossed $1 just after 10:30.
I not only spotted it on the high of day list but on my other monitor as I was "flipping" through my watchlists.

Which brings up another point.
I keep a few days worth of all my lists and every 10 minutes or so to give my eyes a rest from the rolling hod list I quickly flip through every list I have to scan for stocks that look to be on a move with volume.
While on that same list with CAMH I saw FXPE was up a few % at 1.14, bid/ask flipping which I term getting "jiggy".
In about 90 minutes it ran to 1.33.
This was a bonus of keeping a few back lists as I never once saw it hit the hod list.

Podcast Interview

Muddy's interview with Tim Bourquin, of traderinterviews.com.

TRO STAT SCAN 11/15

ACA UTUC ACUR VLNC JSDA CHVC EXAS CPNLQ WWAT APIO SHRP TARR UTVG SCA JRCC HSOA SSTR CTDC CHNG FMT

COMBINING FOR A BIG EDGE

Taking TRO's stat scan and adding the 8% momo gain and lost 8% list,2 that I have used with great success for years now, gives me a super arsenal in the battle for the edge.

Here's a screen shot of the 8% gains I had on watch today.
Btw, QSC that you see on it has been on the list since a close of 1.92
And I first picked it up on 11/12 at 1.50 RIGHT OFF THE HOD LIST WITH SURGING VOLUME.
The hod list as you know is invaluable for me

Here's a screen shot of my 8% losers list I had on watch today.
This thing rocked today! 7 double digit gainers today!
Needless to say with these 3 lists I ripped it today.
I said this exactly 1 month ago in my Oct 14 post: "THESE PAST 6 WEEKS HAVE BEEN THE BEST DAYTRADING MARKETS I HAVE EVER SEEN".
And nothing has seemed to change.

FAILURES AND THE STAT SCAN

The list for today had a pretty good day despite a red market day.
The "fails" did particularly well.
The failures were TNRO SCON ACUR JSDA LUM AKNS SVA CPNLQ EEE

The 7 reds for today definitely go on tomorows watch.
Here's a screen shot of todays list:

TRO STAT SCAN 11/14

TNRO SCON ACUR BCON UTUC ACA ZVUE VLNC PNPFF JSDA LUM AKNS CHVC EXAS ASUR GBT SVA CPNLQ EEE WWAT

If you look at yesterdays list there are a few on this list that I refer to as "failures"
These are ones that failed to close up for the day.
These can be some of the biggest runners once they hold a % or 2 green.

Note that there can be 1,2,3 day and even longer failures!

TRO STAT SCAN 11/13

TNRO CTDC ASTIZ SCON ACUR SUF DSTI VG JSDA LUM AKNS SVA CBAK CPNLQ EEE SLTN UGTH JADE FXPE NTWK

On Green

MOMO FOR MONDAY 11/12

Another crappy market day Friday but there were enough 8% gainers to fill up 2 20 stock watch lists:

PMI RDN MPEL ONT SAPE NFI TWMC NWY TGIC BBX AMIS SVA PTSEF CORS DFR CPKI MNTA GNCMA HEES SMRT SDTH EXAS XRM GTOP GUPR ABTL ORS NAVR CXZ FXEN COSI MMPI SOEN IASCA INPC WWEI BRST TNRI TPDI MVBY

I watch these closely on the hod list for moves on volume.

I WANT STATS AND AN EDGE

I've said it before a bunch of times,you need an edge in trading anywhere you can get it,no matter how small each one is.
They all add up if you want to become a better trader.

Unless you are a personal friend of mine I want every edge I can get over YOU!
Don't get me wrong,I want everyone to do well or else I wouldn't blog and try to share everything I know.
It's nothing personal,I just need that aggressive attitude to trade the best I can.
And I respect and admire anyone that I feel trades better than me,no jealousy whatsoever because they have no doubt worked for it and have found their edges.
Case in point is a trader in our chat, Loki.
I have no doubt in my mind Loki is a better trader than I am.
I know that he has worked hard and I bet he'd tell you the same about his "edges".

The scan below in the last post imo is awesome for giving one an edge.
It was written by Avery,aka Therumpledone, who many know as an awesome coder.
Over the last 4+ years he has helped me out tremendously and this scan "display" for me is his best work yet in giving me,as a daytrader, a big edge in finding potential big gains on runners off green hits.
The thing is, I know most of these runners,but only because I've been trading for so long and study the charts of the high dayrangers and momo stocks.
But if I was newer to this type of trading this display filter I'd consider worth it's weight in gold.
There is no other way to learn more potential runners faster and easier.

So anyway these are the ones I've come up with as having the best odds of giving a nice gain on a green hold.
Average volume (10) I adjusted to 250000k.

These have lost at least 10% in the last 2 days:

ASTIZ SCON ACUR MXOM JSDA LLNW JADE FXPE WCI LUM NINE CPSL TMTA EEE PTT CRDC BONT SCA CDS QXM

These have lost 8% in the last one day:

PLX FMT VG CHVC ONSM NTWK CSIQ ESLR MIVA NDN SATC DFC

Filters for Finding Runners

The first 2 filters here (written by Avery, aka The Rumpled One) are great for finding stocks that have run in the past and what percentages they have run daily in the past 100 days. Find it here.

Thanks go out to Avery for these filters.

Going Long: Bwaaaaaa! I'm crying!

CF blowout E/R, we bot in our long port on 1/29 (click here). Up 236% at the AH price. Annualized gain is 315%. But did we buy it with real money??? Nooooooooooooooooooo.

WATCH LISTS

Because we have had quite a few new members in the last couple weeks I've put up my watchlists in case they run these filters also to see if they match fairly closely.

I've run these same filters every day over the past 6 years and believe me it has given me knowledge of stocks that have potential to run.

There are new chat logs posted for last Mon though Thurs.

Many recent Ipo's have been literally zooming, it pays to list them and watch them if you have the time and are knowledgeable in that area.

On watch Monday is lowfloater ANTP, earnings were released after the close on Friday.
This stock has run huge at times in the past.
Not for the faint of heart and only if you can watch closely during the day if it starts to run.

I continue to put daytrading profits into mutual fund CGMFX and last week opened a position in etf FXI in which I also hopefully will long term with daytrading profits

THESE PAST 6 WEEKS HAVE BEEN THE BEST DAYTRADING MARKETS I HAVE EVER SEEN.

BEATEN DOWN WATCHES 10/15

CWTR INPC CTEL TOA XJT SHRP NWD FMP GBT CYTO THLD CCBEF CAMP CHS BZH LUM LEV IMH OZN SDRG

MOMO WATCHES 10/15

TIBX GIGA IFON HLYS INNO URRE HEB MCU GAI HSWI BZP CERS CKSW TXCC ICOC CPHI CRTX CAMH DPDW CHNG HLCS PRVT LONG GSI CXZ CNWI CAGC TTGL SLRY KIRK SOFO KRY NTWK PARL STSI GTEC ETLT MLORF SCOX FMDA

DAYRANGERS WEEK OF 10/15

GIGA IFON SPF CTEL BZH LUM CBAK SDTH VG SHRP INNO KONG ONT NWD GBT NINE LEV CPSL SSTR CDS GAI HSWI CTDC CPHI ORS CAMH DPDW CNEH ZVUE CNTF ATS CLWT PRVT SPKL CNLG SOIGF NOEC CHME ESRG NEOL

Hot Hot Hot for China Stocks

Find some new ones here.

TARR - Always Good Plays in Our Room

Muddy, Loki, and I joke all the time about the people that find nothing to trade in a down market. Geez, DOW down over 250 on Friday, and look at this. This is the NORM for this chat room. Always good plays.

Check out the action in the room yesterday here

Chat Room Notice

Effective immediately, user registration is required to enter the chat room.

MOMO STOCKS: Why You Have to Watch the HOD List

If you want to maximize the gains from being a participant in Muddy's chatroom, you HAVE to watch a HOD list. If you don't have one, get one. You only need $500 to open an account at Scottrade. Loki gets a similar feed from E-Trade.

Look at Muddy's MOMO watch list that he loaded for today. Nice stuff. Price and volume. Price and volume. That's all that counts on Momos. Chat reopening soon. See you there! And 32 out of 40 on the ADR list (swishy stocks) were up.

Chat Room

The chat room is closed temporarily since all moderators are away. We'll see you soon.

Check This Out!

Slotmonkey's watch lists for today were absolutely incredible! Check it out here.

14/14 long picks were up.

19/21 short picks were down.

And I'm not talking 1-2 percenters, most all were up and down HUGE. Go ahead, run the lists on your quote box. Unbelievable.......don't think I have ever seen anything this good.

Awesome job Slot!

DOZENS OF OPPORTUNITIES

Right here is where I got this.

This is where my ideas came from for this long port.

Up 19% in a month, up from the 12.75% overall on Friday. The entire list of 20 I had on watch on 6/18 for these buys is up 9% overall in a month. Stockbee is the real deal.

Rocking Stocks in the Chat Room Today

I took a day off from work today. Not a lot of new trades, but since some I own are SMTX, LPHI, NVDA I was smiling.

Super calls on SHOR, ELON, BQI, DYII, OTD, TNRO, ANTP and many others.
For example:
Muddy called TNRO at 1.68, closed at 2.02.
Loki called ELON at around $20, closed 22.09.

Muddy called DYII at the exact breakout today. Take a look at the chart here. This is the power of the scrolling HOD list. He didn't even know the stock, but it was running. If you have to research and look at a yearly chart on these type you miss the run. I didn't play this one, but I took OTD when it starting running on the HOD list when Muddy gave the headsup:
(Jul 16-13:25) Muddy: OTD getting vol .40/.41
(Jul 16-13:25) Muddy: gotta be news
(Jul 16-13:26) Muddy: volume flying
(Jul 16-13:26) Loki: yes news
(Jul 16-13:33) Muddy: thnks loki




I got filled at .46 after the call, holding for the likely morning gap. (And no, didn't look at a chart before I bought.)

IS ANYONE else watching the HOD list? This is a MOMO chat room yet we have people putting up stocks with no reason give, or a 4 cent day range, or no volume at all. With 30-40 people in chat each day, seems like others would see stuff before Loki and Muddy sometimes but there is very little input from others except for a few.

Going Long RRI Darvas Box Update

Just made our last buy on July 5th, and yesterday RRI closed at 30.15, nearing the new top of 30.75 with an intraday high of 30.69. Of course we are waiting for a close above the top, just didn't expect it to get so close so fast. Up an incredible 60% in 4 months on the first 100 shares bought at 18.85. Up 31% on all 500 shares with an average cost of $23.00.

If you don't/can't daytrade, building a portfolio of stocks like this can be the way to go. Averaging up into the strong ones and cutting the non-performers can be a very profitable strategy. Very low stress trading; I go days without looking at this one. In fact, I couldn't watch the HOD list Friday and wouldn't have seen RRI except someone mentioned it in the chat room.

Previous post here.

Muddy's Going Long Update

Muddy made this post last month about stocks he was looking to buy for the long haul using his day trading profits. He bought these stocks on 6/18, so a month later, check out the results. Up 12.75% in 4 weeks! Wowser. I know the market has been rocking, but still a really nice performance.



Now I know that he has the "Need for Speed"; the rush he gets from day trading. (Hmmm, come to think of it I know someone else like this.......)

So after he bought, just to help him out you understand, I made it a true "Buy and Hold" portfolio and changed his password on this account. Truly, I did it for his own good!

TRADES FOR 7/10/07

Since the market got hit hard yesterday I posted the trades that I made.
It is just to show that in that environment it's still possible to make some money.
And yes, I know a ton of stocks and yes, it takes a method(s) that you are familiar with and that you have confidence in.
Also it takes some hard work but that's why it feels so good when you do finally find your way imo.

Click on "my trades" link to see the entries and exits.

Former runners revisited

That phone call from an old friend, your favorite song comes on the radio that you have not heard in a long time, a stock that you know can run big shows up on the high of day list. All kind of the same really, opportunities to once again enjoy something from the past.

Knowing different stocks that have demonstrated big daily price increases in the past is one of the keys to finding opportunities when using the scrolling HOD list method. How do you develop such a list? It comes in time if your an active trader. Running the average day range filter once or twice per week can offer a good starting point for developing a list if your new to day trading. See Muddies post at the right under "Filters I use" It's number 3.

Here is an example of knowing a former runner and how to catch it:

On Thursday, notice TECUA pop up on my HOD list just before the market opened. Having traded the stock in the recent past I knew it had the ability to run big at times and pre market activity for it was rare. Initiated a position in pre after a quick chart / volume check and added to it just after the open when continuation of the run was obvious.



A check of the daily chart shows the big pops the stock had back in May of this year, it was alerted in chat also during that time period.



Knowing former runners and monitoring the hod list for appearances is a simple and effective way to find trading opportunities. See Muddies post for more information here:
Former runners

Stock Tools We Use

Lots of questions from time to time about this on forums/chats.

Answer is, practically nothing that costs money. I know a lot of people subscribe to high priced chart packages, news feeds, and other miscellaneous paid things. If it works for you, that's great. But it truly seems that a lot of people are more interested in a filter that is going to make them rich, or in a filter that is so good that they don't have to scan a few charts, than in finding a couple dozen good candidates from a simple scan and then watching the HOD list and price action.

Simple works best for Muddy, and I am a believer in this too. Besides commissions, the we pay for is $8.95 a month for Stockfetcher, the biggest bargain out there in the stock scanning universe we think.

We use:

8.95, Stockfetcher
free, Prophet.net for CHARTS, no RT, delayed
free, Bigcharts.com for NEWS and CHARTS
free, SCOTTRADE HOD list which is the greatest in the world!
free, Upcoming IPOs
free, EARNINGS
free, PREMARKET and AFTER HOURS trading

Send us better freebies! I know they are out there.

Going Long - RRI - Darvas Box Play

We found this stock in March and the chart looked good. To be honest, I can't remember how we tweaked the filter, but we found it by tweaking this filter on the first GOING LONG post with good volume and price staying above the MA(20). I think we liked this one since it had huge volume and was up around 50% in 6 months.

Anyway, we decided to buy it and play it with a modified Darvas box strategy. Meaning average up if the price continues to make new highs. (Apologies to Nicholas Darvas for my oversimplification, it's been a long time since I read his book.)

We bought 100 shares on 03.19 at $18.85. The prior close was $18.84 so we set the next box top at 10% over that, $20.72. When it closed above that on 03.22, we bought another 100 shares at the open at 20.12 (just luck on that entry due to a gap down that morning), and so on. We are now long 400 shares. Closed over the box top at $27.95 yesterday, so will buy another 100 at the open tomorrow.

Mental stop of 8-10% on the average share price. Up 28.4% in 3 1/2 months on the average cost of $21.77. Nice.

MOMO LIST 7/3

DCEL LOCM OPTN WWAT BCON WHI ZVUE CYCL GMO OCTL VOL RVNG DYNT SDTH WPL GST AKNS LGBT AIQ GSHO SMTX NPLA JAGH EGI OEGY AGT SGCR GNOLF GZGT VMED IOC FRPT JASO ARGN SOLF CSCT RNIN ACOR APAC EGAM

BEATEN DOWN LIST 7/3

MRVC TRMP TOA PSDV ADLS CRYO PTT RCAU FICC MLTO FCSE CORT SOIGF CYTO MPZ TSYS KOG VWPT INNO ZILA

Going Long Port Update Update

Just so sweet today I had to post a picture. Up about $4300 today on the port. I have real shares in only two of these stocks. This port is working so well though, I plan to re-balance to mirror this port.

BEATEN DOWN LIST 7/2

COMS IOC PPHM PKTR AHM SPAR AIS MMCE GVHR CBAK VRNM MOVI EPCT APAC XNL UVSE IDSA DSTI PDRT LPHI

I run this list every night, along with the MOMO list and the DAYRANGE list(once every week on the weekend), total time spent a week about 1 hour.

Imo, running these lists month after month,year after year gives one a tremendous feel for the market in general, sectors, former past runners, stocks that are being followed ("live watches") etc.
I have gotten a huge edge I believe from doing this simple task over time.
Trading , especially trading for a living requires one to have an edge over the general public.
This is mine.

MOMO LIST 7/2

LOCM CRYO BCON AKRX RVNG GMO AVR AEZ RCAU GDLN INNO CMKT KONG FOLGF CVAS ADLS CTHH IAGX GENR MVISW IDVE TMTA GZGT NSOL OCTL ARGN CHNG MVIS SFE ICGE CHCI YCKM CTHR INHX LLNW KMGB ZOLL AZZ PENX EVST

DAYRANGERS WEEK OF 7/2

LOCM CRYO NFI WHI ENCY RVNG GMO DRL DESC VRNM INPC APIO OCTL EPCT QTWW USEY RCAU CSUH DIO DSTI ALTH CHNG TMY XNL ASTI INNO PYTL FOLGF CVAS NBF ADLS CNIC UVSE PLKT SUF PTT WWAT BCON CBAK ACPW

FAST AND FURIOUS MOVES ON RECENT IPO$

Every once and awhile a recent IPO will just bust out with a fast and furious move.
Luckily I was at the HOD list when it happened on back to back days last Thursday and Friday.
I caught both right at very near their beginning runs for very good quick profits on both.
Thursday there was INFN and Friday was LLNW.

Look at these MOVES!!

MACE, something up or not? Don't know

Anyone have info?? Here is all I know:

MACE in the past has run huge on news. Not too exciting the past couple of years, (actually really boring now) but before that, it was an "Oh Baby" stock. Ran huge at times like ABLE, GEOI, GOAM, and TBUS.

The site I use says it reports earnings tomorrow, 07/02/07. Can't find it on other earnings calendars, so caution here. But, I read that they had accounting (aka embezzlement) problems and haven't reported YE 2006 yet.

Average volume 22 days is 11,000, 100 days is 19,000 shares. On Thursday, it traded 6,950 shares. On Friday, 06/29/07 it traded up 4% with 305,000 shares traded. Pretty big volume increase.

Fundamentals don't look too bad either for one of these small cap POS stocks. If I felt like doing real due diligence I would go visit them since they are headquartered a few miles from where I work. But Muddy's laziness is rubbing off on me and I am sure I won't do that.

Going Long Update

I'm a few weeks late on the long port update but here we go; re-balancing this weekend. I am going to use the closing prices on Friday, 6/29/07.

Quick recap on the huge winners so far:

CF up 107%, annualized gain is 256%
TRA up 84%, annualized gain is 202%
NAVZ up 60%, annualized gain is 144%

We started with $100,000 on 1/29/07 and the port is worth $113,690. That's 13% in 5 months, so the port is up 32.8% annualized. AVCI killed us. If that one had just been breakeven the port would be up about 41% annualized. But this is a buy and forget it paper portfolio so no worries. If I were playing this strategy for real (which is in the works), a 20% stop would be what I would do.

Cutting these: NTY RYI RKT AVCI DYN FRG SBGI TTEC
Adding these: KMGB BPHX GTLS LPHI ICOC GTI IMMR
I stuck to the original filter (search "Going Long" for the other posts about this port) and then saw bunches of Episodic Pivot breakout stocks on the list. Thank you Pradeep, new port heavily weighted to these babies.

Anyone else playing this kind of port? I think we should be adding to the CF and TRAs as we cut the losers. We haven't done this with this port trying to keep the returns simple to see. But I think we should.

STOCKS I'M LOOKING TO BUY

GTI ZOLT CREE INWK SFLY CLRK BCSI RCCC ELON SYNL KMGB CAVM TRCR ARUN LPHI GPOR MFRI FCSX NGA MIND

Because I daytrade from the same basic account amount week after week,whatever I have left at the end of 6 weeks after living expenses I roll into an IRA type account for the long haul.
This week I will buy a few of these to add to that account.

They are at or near their 52 week highs,they have not violated the 20SMA in awhile and many have hopefully just started a fresh run after having a b/o that included volume and news/earnings.

MOMOS LIST FOR 6/18

SWHC NUVO DRA EPCT RTK CSUH NWTMF SDTH QTWW JAGH ASTI SUF IFON LTS BVTI ASTIW COOL EBOF TMTA SNRN SEXHF CVO PNK PCS ISLE LSCC ASCA AWNE SFLY ASGN KNDL CALM LXU OMR KMGB OPSW ICON BQI DVR ALNY

BEAT DOWN LIST FOR 6/18

ENCY DRL AOI XLGI BPG URST TNRO ONSM OISI CAUI BBA CRYO APIO CPST SGAMY PLKT BBW POWI EFSF HDTV

DAY RANGERS WATCH WEEK OF 6/18

ENCY ONT WWAT NFI DRL NRMX GNBT CSUH NWTMF CRTX AWNE SDTH HSOA ONSM DCNAQ END JAGH GSX HDY SCEY RVNG NTRZ TELK CHYS BVTI GNVC ASTIW MCZ GNLB AGEN MDII JDO IDMI QNTA SDRG KALG MATH TEXG INNO YTBL

RVNG - A GREAT EXAMPLE OF A FORMER 0 VOLUME STOCK

I keep using the same few methods over and over and they continue work year after year.
I've been posting about recent 0 volume stocks for 4 years now and how once they get attention from the street they have the possibility to be fliers.

RVNG a 0 volume on 5/23 has had an incredible 7 day run since 5/31 after HITTING 1.8 MILLION SHARES FROM THE PREVIOUS DAYS 10K VOLUME.
That is a huge leap in vol but amazingly on Friday it had its highest volume day yet,6.5 million!

In that 7 day period the price has gone from .78 to 1.54

If you look to the right on the blog under "important posts" you'll see "Former Zero Volume Stocks".
It's been up there from the start of the blog,this angle can be a huge edge and you won't find it on many blogs but for myself it's one of my favorite methods of all time.

ONXX Onyx Data Deliver the Goods

Now really Loki, Mr. Biotech/Pharma dude...this is your kind of posty thing not mine. We have chatted about the ASCO meeting held this past weekend since I am now kinda/sorta working on the periphery of this industry and you follow biotechs.

But I'll post since you are not on the job tonight after single-handedly calling alerts in the chat today! Many thanks for that.


Couple of links about the conference here:

The Top Stocks From Biotech Confab ASCO

Onyx Data Deliver the Goods (Man, wish I had held that swing position from last month.)

Anyways, some interesting stuff there if you follow bio/pharma stocks.

AH+Earnings=OoooooBaby

Pradeep, in his blog Stockbee, has said a lot about earnings related spike in the stock prices. I would like to add my observation to the concept. I understand for some of you it might not be something new,to them I'll plead that I'm just a "newbie" so kindly bear with me.

It's basically for those who keep a close eye on Pre n AH, I found it useful to make a list of stocks that appeared on Pre and Ah because of their positive earnings. Not only, such stocks, run well that day there are strong chances that they might start running again within a period of few days/ weeks. Some may gap up tht day, go down the next and start moving up again.
Forexample
CPWR appeared on Ah -MAy/15/07


HSOA -Ah on May/9/07



There were many includin AIRM,FWLT,NDN(yest)andVDSI (today) to name a few. It may not always happen this way but FDA approval for Pharma/Bio, earnings along with pre /ah can be the rule of thumb.