Monday, June 16, 2008

ONES ON MY TOP WATCHES

MYSL- the “manip” look


HYHY- the highest dayranger last week on over a buck stocks,been a pump.now broke $2 to the downside.short biased but on green over 2 might have a good up run there.

HDLM- 25 out of last 100 days it’s run over 10% in a day.also a few week pump.right on even $2,you know what i mean?? Oh and Walmart mentioned in it’s pr,it’s going to die i think…soon

BSHF- a “re pump” from 6/2 newsletter.way short biased on this.

SORC- another pump ( don’t ya love this? )and it worked but it’s just over $2 now and a red floater..hmmmm,take ‘er down

JADE- up big Friday,need I say more,dogmeat this one.way short biased.If this one ain’t red on Monday i’ll give Tim all my watches for free! ooops already do, Hey,lucky you Tim!

GSOL- trying to bounce off piggy bottom ..sorry ain’t gonna on that fluffy news ..anytime you see “Arab” mentioned in a “big” p/r you know it’s going down.

RNIN- was a great momo Friday but it’s back to reality.Short biased.

HPOL- nice 2 day run,might have more,hoping it does near 3 soon,may be good short hold if it hits that level and doesn’t break it.

ASFI- held strong Fri after being a late pre hit,up nice last 2 days,hate to use the word scalp but I see it in this one.

CYXN- a “re pump”,let it run,was nice short on red last time.

MMPI- I love trading this big dayranger,up down up down,so now we have 2 ups,what’s your guess Monday,mine’s DOWN

DLA- any stock that has the big p/r that moved this tied to Junkfood and BabyGap in the same sentence,well you know.

GNOLF- famous for promo pumps ( that never worked,ha )this is actually starting to run big,a double since last pump 5 days ago.let it run more or take a chance special on red short.watching careful.

VVTV- this is a real bow wow dog.it did a bounce on Friday.my guess it won’t come close to holding $4. liking for longer term short,bark bark

OEDV- pumped,ran,went red,vol dying.short biased a few days or more imo.

PGOG- a mention by Beacon research,that ain’t good.short biased for sure

GETG- was a pump,got feeling it can’t hold 2.20 for long

PCYC- great daytrader,2 days up off dump,i’m long green/short red.short biased though.

APIO, 7 ups on a pump (tired of saying that word but they are all around us )flat last 2 days,vol fading,might be a nice longer term short.

SCEY- A know promo pump stock.it ripped Friday on 1.3 mil shrs.off the bottom ,would like to see it run its brains out,then short time on red.

PBOF- another junker that had “Peru” in its pr,really fluff nursery plant news.8 up days in a row from .20 to .42, great short watch on red imo.

RFIL- earnings play up big big Friday but still off hods nice and low vol.really don’t like to short the e/r ones but it broke 8 to the downside.gotta be short biased for me.


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Sunday, June 15, 2008

THE MASTER OF GOING FASTER

When I got laid off from my job, I contacted my old friend Muddy whom I had kept in contact with over the years after meeting him in a bookstore in the investing section of that store.
I told him I was finally going to try and get serious with his approach.
Up until then I used the same old same old stuff most everyone uses and I basically stunk at trading that way.
So I asked for a huge favor in that after reading through his blog a few times and trying to get the gist of it,would he mentor me live trading for a few weeks since we live so close.
He said he'd be glad to and his stuff absolutely turned my trading around to where I am today.
I'll never ever be him but that's ok.
For me even remotely close is way good enough.

Turning me on to the Scott hod list and almost demanding me to learn the former runners and the high dayranging stocks so I could train my eyes to see them when they started to roll on that hod list was the best advice I'd ever gotten in over 14 years of trading.
In the few weeks with Muddy when he was mentoring me,
I could not believe what I was seeing with him and that scrolling hod list.
He was catching stocks on their first vol spike breakouts from that list that were running 10-20-50% in less than an hour,sometimes minutes. When we checked later comparing news wire hits and time of the stock breakout,Muddy was catching many of these even BEFORE the news hit the wires!
When I said to him that was unreal, he just laughed and shrugged and said,”happens almost everyday,no big deal.”
No big deal??, dude, I said,that is WHACK!!

He is faster than a bullet from a gun.
He is "the master of going faster"
Thanks to him and others also ( especially Timmay who Muddy also turned me onto for learning how to SHORT these low priced junkers ) who have helped me along the way.

The words of this song fit almost perfect!




George Harrison
Faster lyrics

Chose a life in circuses
Jumped into the deepest end
Pushing himself to all extremes
Made it - people became his friend.

Now they stood and noticed him
Wanted to be part of it
Pulled out some poor machinery
So he worked til the pieces fit.

The people were intrigued
His wife held back her fears
The headlines gave acclaim
Hed realized their dreams.

Faster than a bullet from a gun
He is faster than everyone
Quicker than the blinking of an eye
Like a flash you could miss him going by
No one knows quite how he does it but its true they say
Hes the master of going faster.

Now he moved into the space
That the special people share
Right on the edge of do or die
Where there is nothing left to spare.

Still the crowds came pouring in
Some had hoped to see him fail
Filling their hearts with jealousies
Crazy people with love so frail.

The people were intrigued
His wife held back her fears
The headlines gave acclaim
Hed realized their dreams.

Faster than a bullet from a gun
He is faster than everyone
Quicker than the blinking of an eye
Like a flash you could miss him going by
No one knows quite how he does it but its true they say
Hes the master of going faster.

No need to wonder why
His wife held back her fears
So few have even tried
To realize their dreams.
Faster than a bullet . . . (repeat chorus)