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

Long, long trades

I trade long too. I don't have the time or energy to only swing trade. In my IRA accounts I own mutual funds and less volatile stocks. Are most traders this way? I think so.

For example, I know that Muddy planned to take the summer off from trading in 2005. That summer turned into a 16 month vacation for him. But I am fairly sure he didn't have his money in a bank account or CDs during that time, but instead in quality stocks and mutual funds.

So yes, less volatility, but I am still looking for winners here. Here is a chart of BAM.

I bought at $25 in March 2005. I've got a double in less than 2 years, and I don't need to monitor it very often. That's better than most mutual funds. I still like it and continue to add shares.

A couple others in the Real Estate Holding/Trust sector I am looking at are CBG, ACP, and SLG.


Love to hear from others on what you have on watch/buy list for long term holds!

High Flag Watch

Sammy doing his Sunday evening scan for HIGH flags!

HIGH FLAGS 1/29

RFMD OPBL XOMA TRMM CNLG DOVP XNL ION KOPN YTBL DORB AENS ICGE TRCR NTMD DHBT


Descending order of Fridays volume.Watch for volume % increases on lower volume ones.

GREEN hold and/or 10/60 5 minute sma cross

Check out the EVCC flag on the chart above. A nice flag setup on 1.23.


See it here on 01.26. Whoa.......

EMA13/SMA20 UBB ZONE PULLBACKS 1/29

HOKU USSE CVDT FRG NXXI XSNX IMMU MPRG LTS BNVI YMI ICAD VEGF RNIN DOIG SMD BHIP NICH STKR HIHO

In descending order of Fridays volume,watch for volume% increases on lower volume ones.
GREEN hold and/or 10/60 5 minute sma cross.

Here's a chart of NTMD, a great example of a zone pullback from a breakout. Pullback into zone on 1/22/07 @ around 2.66 it took off on green the next day,going to a close of 3.64 a week later,then it pulled back into the zone again on 2/6/07 around 3.30 area where it went to a high of 4.31 5 days later.

Edit: because of the increasing volatility in stocks the last year the zone has been slightly widened and for better visabilty to EMA10/SMA30

If you look at the current chart you will see it is now a flag watch.

CHATROOM ALERTS

This past week we had some really great headsup.
2 of the most awesome were:

(Jan 24-10:49) TraderJJ: CNLG pop on news

At the time of this news alert the price was in the area of 2.36,later in the day it hit a high of 4.40!!
Thank you JJ

(Jan 26-15:23) loki3361: LOCM MSFT news

(Jan 26-15:24) Muddy: whoa

At the time of this news alert the price was in the 3.10 to 3.40 range, in less than 15 minutes it hit 5.03!!
Thank you Loki

FAST%K FILTER WATCHES

XMSR CCUR STSI BRLC IDGJ GSX WSTL FORG EGIL TWTR INWK GPXM BIPH LMRA GGR NMGC HYGS SOFO MAMA IIG

GREEN hold and/or 10/60 5 minute sma cross.

DAYRANGERS I'M WATCHING FOR A POP THIS WEEK

FORG CNLG GGR BMD ETLY INNO ARTX HOKU NWACQ OPBL TRMM ONT PFSW SYNM IOTN YMI CYTR RGBL DRL SKNN

GREEN hold and/or 10/60 sma 5 minute cross.

DAYRANGERS FOR WEEK 1/29

ZANE EVCC CPNLQ STSI HOKU NWACQ OPBL TRMM LOCM SGN CNLG CFHI CVDT SUF XNL ALIF YTBL ETLY INNO BNVI

ADR (10)>10%

EVCC posted a 100% week from the dayranger list last week,still a watch