Wednesday, January 31, 2007

VOLUME

From a recent SF forum post:

Muddy:
Yeah, and the neat thing is how the volume in premarket gave the indication of the action for CTTD on Tuesday.

From the chat yesterday:

"Here are the picks Muddy put up before I started logging the chat today."
MUDDY’S PICKS FOR TODAY:

CTTD EVCC SCRA LFXG GIGA CBRE SEED QLTY RGBL RDWR DCNAQ GEPT LOCM MSI SNSS GMET ESCL OBCI SRLM WAVE

Muddy said CTTD or one of these should do 100%, either UP or DOWN. Luckily for us in chat, he was pretty close on the UP side! He is talking about CTTD below at the beginning of the log."

(Jan 30-09:19) Muddy: this could be interesting
(Jan 30-09:20) Muddy: 2.5 mil shrs now

Note that that was posted BEFORE the open.
CTTD opened at 1.02 and closed at it's hod at 1.65 on 12.2 mil shares up from 729,000 the day before!
The second watch from that list,EVCC another good gainer for the day,also had very good premarket volume.

Alot of beating this game comes from VOLUME folks.

From the same scan today I have RGBL CBRE LFXG GNSS VLTR ZANE COOL EDNE ECR TBV EMFP TVIA PXLW CUP

I will be watching premarket/opening volume again on these.
Please understand this method/stocks is not for newer folks that don't understand you must watch these stocks closely all day if you enter one.
Trail them up with your stop and let them run when they are at or near their hod's

4 comments:

Muddy said...

add GVGC to my beat down list
price sitting at even buck.
getting some pre market vol.

TradingGoddess said...

O.K.

LOL!

Anonymous said...

What happened to the daily logs?

Laura said...

I am posting logs daily. You may need to clear your browser cache to see the new ones. If I don't clear mine, I see the old logs.