WITM

Mentioned as a watch for 2/20 at .43 this stock ran an amazing 167% in 4 days with a MAJOR volume move.
As stated in an earlier post today:
"I've also stated how so many stocks BEGIN their career as a big time stock from these sq/vol/breaks."
This is one we might look back on 2 months from now and say, wow, it broke out at .64 on 2/20 and look at it now.
Or maybe it'll go right down the drain as a few of them do, but it'll be interesting to watch.
And that for me is what keeps this fun, you just never know

CHECK IN AND CHECK IT OUT!

I've been preaching about BB squeeze/volume increase/price breakouts (aka sq/vol/br) for years and how they can give awesome opportunities for long/swing/day trades.
I've posted filters to find them and from time to time post lists I'm watching and how if you are interested as I am in momo stocks, how important these lists are to journal.
I've also stated how so many stocks BEGIN their career as a big time stock from these sq/vol/breaks.
A few recent examples, look at MSI 11/15 at .97, JADE 1/12 at 5.65, CYTR 1/19 at 2.08 and ROHI 11/2 at 1.65 (look at that vol increase from 118k to over 4 million).
Believe it or not there are bunches of them just like that every month.

Anyway,over the last year I've searched to find blogs that trade similar to how I do and have found only a couple that were even close.
But now I've stumbled across a blog that trades and believes in almost exactly the same methods I do.
So if you are interested in this type of trading do yourself a favor and checkout Stockbee.
I've added a link over to the right.

This fellow does an incredible amount of work keeping this blog updated every day.
My hat's off to him ........ A recent excerpt:

Fast Moving Stocks

At any given time there are handful of stocks which make a fast and furious move in a compressed time frame.You can look at the move in a day, week,month, quarter, six month, and a year. Now if you know 20 stocks were up more than 50% in month that is a very valuable information. Similarly if you know 96 stocks were up 200% or more in 260 days, it gives you a clear idea about the kind of potential possible in the market.

If you are a day trader potentially if you get in to the best moves in a day, the rewards can be astronomical. Similarly for a swing trader the advantage of finding such moves is low risk entry and best utilisation of the capital. Same concept applies to long term traders.

Going Long

I posted before on some long term holds. I think everyone looks for some of these for their non-day/swing trading dollars.

For fun, Muddy and I put together a watch list portfolio last month. The filter/criteria:

• Stocks up 25% in the past 30 days on good volume
• Then looked at the yearly chart to see the long term trend that hadn't violated the middle of the Bollinger Bands
• Then tweaked the 25% up and down a bit to find a few more

The buy date on the port was at open on January 29, 2007. Four weeks later, here are the results:

The 4 week total return is 175%. Divided by 14 stocks is 12.5% average for 4 weeks, or 13.5% for a month. Compounding based on the rule of 72s, the port should double every 6 months. Booyah! Nice.

Man, I need to offload my mutual funds and build a portfolio like this!

Here are a couple of the charts from this port. Straight up and rarely, if ever, dropped below the EMA 13.

OT - Feline Trading or "A Letter to My Pets"

Off topic but funny stuff in the chat room today:

(Feb 23-10:12) TraderJJ: , ][--m
(Feb 23-10:12) TraderJJ: sorry kitty typing
(Feb 23-10:13) Muddy: sounds like my cats
(Feb 23-10:14) Muddy: my "little babies",haha
(Feb 23-10:14) traderjr: and what would you do with out them???
(Feb 23-10:15) Muddy: yeah,true but they like the keyboard too.ha
(Feb 23-10:15) traderjr: teach to trade
(Feb 23-10:15) TraderJJ: yup Muddy ha
(Feb 23-10:16) TraderJJ: he likes to watch the printer when ti's printing so he was laying on my laptop
(Feb 23-10:16) traderjr: CNLG more
(Feb 23-10:16) Muddy: funny ......shew more CNLG
(Feb 23-10:34) traderjr: CNLG 4 cross trying
(Feb 23-10:34) Muddy: CNLG to 4,yes
(Feb 23-10:35) Muddy: JJ's cat even buying in CNLG,ha
(Feb 23-10:35) Muddy: kitty eats good tonight!
(Feb 23-10:35) TraderJJ: rofl


I received this in an e-mail. Don't know the source but it's funny!

A letter to my pets:

Dear Dogs and Cats,

The dishes with the paw print are yours and contain your food. The other dishes are mine and contain my food. Please note, placing a paw print in the middle of my food does not stake a claim for it becoming your food and dish, nor do I find that aesthetically pleasing in the slightest.

The stairway was not designed by NASCAR and is not a racetrack. Beating me to the bottom is not the object. Tripping me doesn't help, since I fall faster than you can run.

I cannot buy anything bigger than a king-sized bed. I am truly sorry about this. Do not think I will continue sleeping on the couch to ensure your comfort. Dogs and cats can actually curl up in a ball when they sleep. It is not necessary to sleep perpendicularly to each other, stretched out to the fullest extent possible. I also know that sticking tails straight out and having tongues hanging out the other end to maximize space is nothing but sarcasm.

For the last time, there is not a secret exit from the bathroom. If by some miracle I beat you there and manage to get the door shut, it is not necessary to claw, whine, meow, try to turn the knob, or get your paw under the edge and try to pull the door open. I must exit through the same door I entered. I have been using the bathroom for years -- canine or feline attendance is not mandatory.

The proper order is kiss me and THEN go smell the other dog or cat's butt. I cannot stress this enough!

To pacify you, my dear pets, I have posted the following message on our front door:

Rules for Non-Pet Owners Who Visit and Like to Complain About Our Pets:

1. They live here. You don't.

2. If you don't want hair on your clothes, stay off the furniture. (That's why they call it "fur"niture .)

3. I like my pets a lot better than I like most people.

4. To you, it's an animal. To me, he/she is an adopted son/daughter who is short, hairy, walks on all fours, and does not speak clearly.

Remember:

Why dogs & cats are better than kids because: they eat less, don't ask for money all the time, are easier to train, usually come when called, never drive your car, don't hang out with drug-using friends, don't smoke or drink, don't worry about having to buy the latest fashions, don't wear your clothes, don't need a gazillion dollars for college, and if they get pregnant, you can sell their children.

YTBL-Another 10/60 Chart

On Muddy's Dayranger List. Shew, what a range. And beaten down big over the last day or two. Geez, the POS probably deserves it, but who cares. Trade it for today and move on.

Notice the volume spikes before the 10/60 cross on green candles. Then the 10/60 cross. Then another big green candle with volume. ALSO, crossing the even dollar mark at $7, which as you know, Muddy loves.

If you weren't watching before the cross, it was a beautiful buy signal at $7 after the cross. Closed at $7.85.

MSTrader Stock Watch 2/21/07

I've got forceswing candidate FALC as well as breakout candidates ICGN WITM AOB GNPI ID STEI and INSM & NYNY. Also fails and fast k watches, TRXI AVNR ILA.

In the past few months, a few of my colleagues have approached me about joining an MLM travel network, YTB Travel. YTBL came up on one of my low RSI filters today so I did a little homework - read more about it here.

WATCHING FOR POSSIBLE CONTINUATION

XMSR TERN ANAD OLGC CNTF SIMO VSE CXTI KOG PTCH KRSL VCLK LTS BIOM ZIXI KFI HIMX NTO DFZ PTSEF

DAY RANGERS WEEK OF 2/20

CYTR INSM NWACQ AFRPF BKBO PRW LTS SOLM MAMA PLRO AOG UPBS EVCC OPBL ONSM SVA FORG BVSN MLSS DKAM CXTI YTBL JRJC DSTI ZVUE DCNAQ MMG CPNE ZICA TBUS KBX ZAAP ZTM

BEATEN DOWN,GOOD DAYRANGE, VOL WATCHES 2/20

DALRQ DENN QDEL CAPA SNIC DVSA CYCR ION PACT JDO WITM LOOK CTTD INNO DKAM VXGN NWACQ PRW ARBA STEC

GREEN hold and/or 10/60 cross

FAST%K FILTER WATCHES 2/20

CBRX SIMG CENT CBAK STEC DSCM AVNR TRXI TELK PPHM CAPA RNWK PACT ESCL DVSA TWLL CHB FBR MNTA BDAY

GREEN hold and/or 10/60 cross