Thursday, April 19, 2007

Re: the gift that keeps on giving


Hiya Loki,

Nice recap on two great trades!

I think someone in chat today asked about the 10/60 cross on MDII. Here's a chart on the cross. I have posted before that the cross is not significant by itself. HAS TO HAVE volume and price upping.

I won't even comment on the 10/60 sell cross. If using a trailing stop as Muddy and Loki do, you would have been out way before that cross down.

2 for $2 for Thursday

Not one but two - $2.00 crosses today that resulted in nice gains

MGRM: $2.00 - $2.48 hod


And MDII $2.00 - $2.90 hod - the gift that keeps on giving:


Notice the volume at the time of the crosses, heavy.




Tuesday, April 17, 2007

INSW TODAY

INSW was a perfect example of 2 trading techniques that maybe aren't mainstream but have worked well in the past to catch some nice gains.

It was a recent zero volume stock and was up huge in afterhours but did not appear on the premarket leaderboard I use until just a couple minutes before open this morning. CPSL was the same late premarket entry yesterday, which ran well after the open.

Monday, April 16, 2007

MDII Chart


A reason to keep SVB (squeeze/volume/breakout) stocks on watch as long as you can. MDII had a couple of breakouts on volume. Then volume slacked off while the price based along the Muddy Zone through March. Came roaring back on 3/30 on 1.8 million shares and closed at 1.04. Ten trading days since then and it has more than doubled in price.

Actually, many people would have dropped this stock from their watch list when the volume went south; I know I did. But this is the power of having a "past runners" list in your head. A few weeks/months later you see it rolling on the HOD list and you just "KNOW" it's going to run again.

I don't think Muddy has mentioned it in awhile (though I believe Trapper has in chat), but the white candle filling the bands (see the first breakout) can be a very powerful buy signal, especially if it opens green the next day.

WOO HOO!!!! Green on the Screen is Right!



Dayrangers list was rocking today. Sure, I know the market was good, but still.....

40 stocks on Muddy's list.
29/11 green. 12 up 10% or more, of those 6 up 19% or more.

Although I am almost regretting hooking up those new computer speakers, apparently revisiting Gracie this weekend was a nice motivator :)

If you don't know who Gracie is, go ask Alice. I think she'll know.

DAY RANGERS WEEK OF 4/16

NUVO ONT NGEN CEGE FMT UXG CPNLQ FDMLQ GNVC JDO AMRN ASTI GMO URZ CXTI ACEL CPNE CPTC CFPC CPSL MICG SKNN ONSM OPBL AVNC ISON PAE BIOM MEMY VLNC SCRA SWRI AGEN CBRX THLD PCSV RPTN MDII CVDT EXEG