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

10/60 SMA Crosses NWACQ

Muddy was watching NWACQ this week. LOL, he has been stalking it since it headed south, waiting for the reversal. Up nice this week.

I took a picture of the chart on Monday, 02/12. See the quiet volume and price before the 10/60 cross on BIG volume. Then it takes off. Nice cross with volume.





Now look at the NWACQ chart from last month. Yes, it made a 10/60 cross, but no volume to confirm. Huge volume on the selloff earlier, but not on the cross. Not a play here just because it made a cross.

STOCKS IN MY STOCKTICKER PORT AT OR NEAR 52 WEEK HIGHS

Percent Off 52 Week High

Symbol	Change	% Off 52wk High
LTS	+111.67 %	At new high
XOMA	+37.45 %	At new high
MEMY	+92.58 %	At new high
FRG	+25.00 %	3.2 %
ASIA	+3.66 %	7.1 %
CHTR	+5.18 %	9.2 %
BRCD	-4.08 %	10.1 %
LVLT	+17.34 %	10.4 %
ONSM	+26.20 %	11.4 %
ZIXI	+57.14 %	16.2 %
MVIS	+11.63 %	19.8 %
LSI	+1.43 %	21.7 %

RECENT ADDS ON STOCKTICKER

My Recently Added

Symbol	Change	% Off 52wk High
CEGE	0.00 %	59.1 %
CORI	0.00 %	23.5 %
ASIA	+3.66 %	7.1 %
INNO	-14.39 %	22.1 %
CTEL	+11.49 %	53.5 %
XOMA	+37.45 %	At new high
MOBE	+4.26 %	62.9 %
STEM	-13.55 %	30.2 %
BRLC	-25.61 %	31.7 %
SFLK	+6.90 %	90.9 %
HIHO	+9.23 %	30.3 %
FORG	+20.17 %	36.7 %

STOCKS I CONTINUE TO WATCH

These are from my StockTicker port that have done pretty well since adding them and I watch everyday on the HOD list for a possible break on momo.
Please remember I love the dayrange kind and they can often be volitile so if you are newer to trading it might be best to stay away from this kind.
There are 3 that are at their 52 week highs,which is a good sign, and a couple more that are getting close.

My Profitable Stocks

Symbol	Change	% Off 52wk High
ROHI	+120.55 %	81.1 %
LTS	+111.67 %	At new high
MEMY	+92.58 %	At new high
ZIXI	+57.14 %	16.2 %
TRMM	+42.72 %	70.4 %
XOMA	+37.45 %	At new high
ONSM	+26.20 %	11.4 %
FRG	+25.00 %	3.2 %
THLD	+21.84 %	81.3 %
FORG	+20.17 %	36.7 %
LVLT	+17.34 %	10.4 %
AVNX	+11.79 %	37.7 %

OK, THIS WAS FUN!

(Feb 07-11:02) Muddy: PMED vol scan hod 250%

PREMARKET VOLUME ACTIVITY, ANOTHER "EDGE"

From a recent Stockfetcher forum discussion:

Muddy:
1/31/2007 9:27:54 AM

watching GVGC at a buck from pre market vol scan.
from my "beat down" scan with big vol selling increase yesterday.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Muddy:
2/5/2007 9:10:41 PM

Up 111% in 4 days.
I'm sure the veteran traders here know this but newer traders,this volume stuff works.
Premarket and intraday.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Muddy:
2/6/2007 7:36:54 AM

Someone asked how I found GVGC,this is how:

Fetcher[stocks where volume is 500 percent above average volume(90)
and price is between .05 and 20
and date offset is 1/30/07]

I then arrange them with the biggest % losers at the top.

Then I load those into my watch list and beginning with the premarket open I watch for volume and bid/ask action.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

2/7/2007 12:23:19 AM

Muddy, is there anything special about the offset date you selected?
or, do you pick an offset date a few days into the recent past?

What works best for you?

Thanks
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Muddy
2/7/2007 7:04:10 AM

I used that date offset as an example to show GVGC,now up 155%!, and how to arrange them in order to show the biggest losers at the top.

I use a date offset of 0 when searching for premarket volume candidates.
Yesterday there were 2,RNCH and TTDS,that showed a nice spike in premarket volume activity.
One could see by the premarket bid/ask activity that RNCH was probably opening down and TTDS up.
TTDS showed around 7500 shares traded pre and if you chart it you'll see many recent days when it didn't even trade that much in the entire trading day.
I believe this gives me yet another edge on the market.

TTDS opened at 1.63 and at 1:32 p.m hit a high of 1.95,closing at 1.81 giving me yet another nice gain.

Today I'm watching in premarket action:
CENT CTTD JSXG GSAT ENCO LSPN ACGI CPHI OPTI PBH CBPC PRCP PRTL ROCM CHTP FRP

AWESOME Green on the Screen TODAY!

I'm bummed out. Can't watch or trade much now. Sure, Muddy gives me the highlights when I get home, but still, not the same.

Great day for all of you that could watch and trade today! AWESOME Green on the Screen! And there were more than these put up in chat today. I can only fit 20 on a page.

Great going to all!

Stock Watch 2/5/07 CEGE ZANE

This week, I'll be watching forceswing candidates CEGE & ZANE and others.

No recent news for Cell Genesys, CEGE. But on Friday, 2/2/07, ZANE was also a forceswing candidate that closed the day up 6.59%. Earlier in the week, shares of ZANE soared over 100% on news of a Homeland Security contract.

It goes without saying to have some entry criteria - i.e Hold for GREEN, volume, 10/60 cross...

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

Stock Watch: CPNLQ, CLWT, IDEV

Hopefully you've been enjoying tremendous gains this week. EVCC was a forceswing watch on 1/24/06. During the day, I'm sure I miss out on quite a few opportunities (TRMM!) , but I've learned that I have to stick with my own trading strategies and plans. As such, I rely on a few filters to give me a few good stocks to watch. Sometimes I enter in the afternoon just before the close, but most times I enter in the morning.

No forceswing candidates for today but I will be watching CPNLQ, CLWT, IDEV and a few others.

Another take on it

Really I almost hate to post this, since there will probably be a dozen questions in chat. Plus, I posted this comment last week:
"Wait for green, green hold, must open green."

Well (wince), I do sometimes buy on RED, but when the RED is more like GREEN, ya know??

K, look at the MEMY chart here from today. Close Friday was 3.46. Went big red today, Monday 01.22.07, went down to a LOD of 3.10. Started moving up, and made a 10/60 cross at 2:30. HUGE volume spike a few minutes later as confirmation (see yellow circles on chart). From deep RED to a close of 3.45, a penny off of Friday's close.

Oh yeah, I can be a buyer on RED when the setup is right. Thing to remember is the dayrangers Muddy puts up are a different breed of stock (at least for the next week or two or three). When they go, they move big, whether that be up or down.

BTW, if you are really reading Muddy's blog posts, he said this on his last dayrangers post:

"Green hold and/or 10/60 sma 5 minute cross"

Stock Watch: 1/22/07 CDIC

I've posted CDIC on my stocks to watch post prior to reading the discussions here today. Please read the recent post, RE: Squeeze/Volume/Breakouts and the stockfetcher forum for discussions regarding this topic. Based on those discussions, I believe that CDIC is a stock to watch.

I was able to catch CDIC during the day on Friday, 1/19/07, when TRIX(5,3) crossed above its EMA. CDIC made an 18% gain on Friday with volume of 1.6 million vs a 90 day average of 150 thousand shares.

HUGE volume - check
White candle being pierced by the UBB - check

[EDIT]1/22/07 Market Close: CDIC failed to hold GREEN, closed down 2.56% on below average volume.

3 YEARS AGO IT WORKED AND IS STILL WORKING

Muddy
1/21/2007 1:46:42 PM

Why i don't mind giving up a nice percentage gain to catch them after the breakout.
This from a post almost 3 years ago:

wallman (Muddy)

4/15/2004 11:56:56 AM

note ABIX today which broke out 4-12 on an unreal volume increase of 4500 shares to 746k,yesterday the price pulled back to the EMA13,the stock has maintained its large volume surge over the past few days and today right now it is up about 110% with over 7 million shares traded!,i wouldn't doubt that it will run even further by late afternoon

And a reply:

4/15/2004 3:58:24 PM

wallman,

Thanks for your insights...

And you were right on ABIX running this afternoon! Up +206+% as I write this (7 min before market close)... Hope you got some of that booty!!!!

RE: SQUEEZE/VOLUME/BREAKOUTS

From a recent post on the Stockfetcher.com forums regarding the sq/vol/br or the Volatility Breakout as John Bollinger describes it.

Muddy
1/21/2007 12:59:32 PM

This from:
http://www.bollingeronbollingerbands.com/methods/

"Now, for Method I. Years ago the late Bruce Babcock of Commodity Traders Consumers Review interviewed me for that publication. After the interview we chatted for a while--the interviewing gradually reversed--and it came out that his favorite commodity trading approach was the volatility breakout. I could hardly believe my ears. Here is the fellow who had examined more trading systems--and done so rigorously--than anyone with the possible exception of John Hill of Futures Truth and he was saying that his approach of choice to trading was the volatility-breakout system? The very approach that I thought best for trading after a lot of investigation?"

Just what I've been saying for years.

Also this:
"Perhaps the most elegant direct application of Bollinger Bands is a volatility breakout system."
Our version of the venerable volatility breakout system utilizes BandWidth to set the precondition and then takes a position when a breakout occurs."

And what i've always STRONGLY believed:
"Most often this will occur within the bands and you won't get a breakout signal until after the real move is under way."
Note the word "AFTER"

Look at a 3 month chart of LTS, it's the "hot" stock on the message boards NOW.
But myself and the few others I trade with picked it up on 1/8 when it broke the "squeeze" on HUGE volume and white candle being pierced by the UBB.
Factors I've mentioned for years here on the forums.

I'd hate to see this thread die but with ALL DUE RESPECT the last 2 filters posted here show no squeeze in progress on almost all the matches it picks up.
I charted 4 stocks I know from both filters.
From the first ESLR WTSLA ENER DPTR, the second CPST MOT XTO CDE (bands way wide on this?)
The few that are semi-squeezes you'll maybe wait weeks for a validation of a squeeze/break IF EVER.
IMO,Such a waste of time and effort tracking these when you can find ones(and do your DD) the night of the squeeze/break.

Why not get the patterns of a REAL squeeze and wait for the first breakout to occur?

CWTR

Just like the "floating" red candle above the UBB is often the kiss of death for awhile with many stocks,see recent charts for NTMD LVLT GIGA BVSN MCEL, the floating white candle below the LBB can be a good angle for a rise in price.
CWTR formed such a candle on Friday.
It's not normally a good dayranger and it's a $20 stock but MLS was in the same situation on 1/10 but rose from 15.47 to 22.46 in just 4 days.
FMDAD launched from there on 1/9, then sold off big after more than half (usually as bad as a floater if the red candle is big enough) its red candle was out of the UBB on 1/10.

DAY RANGER WATCHLIST 1/22

Ones at the top of my list ranked in descending order of volume from Friday:

HOKU EVCC ACTC FORG ONT VEGF CYTR PFSW ZIXI BVSN SOLM TERN MIVT OBCI RMDX EGHT MEMY DKAM HIHO RNIN

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

Stock Watch: ASIA 1/19/07

ASIA is on my watch list for trading Friday Jan 19. It came up as a forceswing candidate. As previously mentioned, using the force index for short term trading you would look for a negative 3 day force index and positive 13 day force index. ASIA came up last Thurs. as forceswing watch, and rocketed in trading on Friday, Jan 12. It's been in a downtrend since. Average volume is 430 thousand. Last Friday, volume was almost 3 million. The force index is calculated with the price difference multiplied by the volume, so the volume has to be strong to make this reversal.

[Edit]1/19/07 Market Close: ASIA traded relatively flat today, only managing a $.04 gain to close at $8.15. The stock traded with a volume of 180 thousand. Earnings call scheduled for Wednesday, Jan 24.

ZONE and FLAGS 1/17

UBB Zone pullbacks :
INVX BBC VXGN IFON PFSW TNEN BRLC STEM FORG MSI FMDAD ISON GOAM ICGN

Flags :
CUP OBCI BVSN INSM CTEL PRXI GIGA CBLI SAPE DVW MOBE PTT ACTC SCRA FORD

GREEN hold

Watch RACK on your Fibs Rumpledone :)

WATCHES 1/17

Fast%k 14 below 10:
JRCC EMKR DSCM KRY ESCL TWTR HYGS URRE CCUR MED fails : ENCY GERN CNET KONG DXCM SKNN BKHM VG OPSW

Fast%k 2 below 5 :
DSTI FORG PFSW DDSS KRY GIGM WHI fails : DALRQ TWAV DSCM

White Candle below LBB :
INWK TMTA ENTU fails : RSTO ILI SIL ACAD

GREEN hold

DAYRANGERS FOR WEEK OF 1/16

NWACQ CPNLQ ONT MAMA ONSM DRL OBCI CBLI EVCC BHIP PFSW DSTI FORG ESCL BVSN CTEL CSLR SGN DKAM LNX MEMY PACT OPBL ICGN MSI MNCS ZICA FMDAD FFHL CPSL

NOTE : Not sure but I've heard CPNLQ is about to lose it's Q

Seriously though, Entries and Exits

Muddy gets a lot of questions on entry and exit strategies. It's hard for him to answer since there are many different trading goals and risk tolerance thresholds.

My entry (from Muddy) on watch stocks that meet my filters/criteria:

Wait for green, green hold, must open green. Whichever works for you. Personally, I like to see a stock that holds green for the first hour or so in the morning. Unless it is a momo screamer, I would rather wait until around 10:30 or so to buy. Not a hard and fast rule, but in general is what I like since a lot of stocks have a small pop in the morning and you can buy a little cheaper if you wait.

GREEN means above the prior day close. Nothing more, nothing less. Above prior close. Green hold applies to all filters. WAIT FOR GREEN. Sure, you could be wrong, it might NOT hold. But you are trying to put the odds in your favor. You are looking for a reversal in the downward trend or a continuation of an upward trend.

Exits, well same again. Is up to you. I can't tell you when to exit, neither can Muddy or others. If you have a 5-10% profit in a few hours/days, then personally, I don't think you should ask other traders when to exit. YOU decide.

IMO, if you are asking, you probably should bank the profit and move on to the next opportunity. If you don't have a large account, or the experience, then take the sure profit. If you have a large trading account, and are comfortable with the risk, then you probably don't have to ask.

One more thing. For the most part, I use (as Muddy does) market, not limit orders. You have to use limit orders of course with some stocks. If the B/A is tight, why chance not getting filled (if using a limit order) for a penny difference? If the B/A for example is 1.30/1.38 like I saw with MFCO in the afternoon on Friday, then I am not a buyer anyway.

WHITE CANDLE BELOW LBB

This from a few recent Stockfetcher post:

"I know that I can filter for different candlestick patterns, pattern is bullish engulfing for example, but is there a way that I can filter for just a white candle? "
wallman (Muddy)
12/17/2006 8:12:51 PM

I use "where close is above open."
FWIW, I combine it with "and price is below lower bollinger band(20)"

Just as red candles above (floaters) the UBB can find really nice shorting candidates,white ones below the LBB can find some nice longs.
See DGIT 12/12 AOOR HDTV 12/13 MGRM 1/10 FMDAD 1/8 BCON 1/4 and one that hit a double in less than a month ITKG 11/3 for examples of the chart pattern.

This can bring up some nice swing trades.
TELK from 12/29/06 was caught at bottom (plus the fact it finally worked inside the LLB the next day,another really good angle I've mentioned before).
DRL, 5 days down and with increasing volume on the fastk filter and FMDAD also on the fastk and also 5 days down which went unreal the next day both from 1/8

where close is above open and price is below lower bollinger band(20)and volume is greater than 100000 and price is between .30 and 15
offset is 11/3/06

I left the scan offset to 11/3/06 to show the other nice hits that ran even a few weeks after they hit the filter.
Myself I also add average day range(10)is above 3 percent to weed out the "fund" types which sometimes show up on this filter.
Of course add your own volume and price preferences.

No exit strategy?

Okay, the markets were closed today and you should already have your watch list for tomorrow, so I am gonna vent a little bit.

I left for work on time, even a few minutes early. Figured with the holiday, no problem, light traffic. My normal 35 minute drive (into the morning sun) should be 25-30 today.

But no! Accident on the interstate 10 miles up the road, right at the exit I take, traffic backed up 8 miles. Heard about it on the radio so I exited early to take an alternate route.

But no! I took the first exit, not the second, to the alternate route (not too familiar with area yet or I might have exited earlier), had to turn around, backtrack and get on the right road.

But no! Radio told everyone to use that route. Totally jammed too. Turned around and exited that situation too and headed home. Over an hour of wasted time. I thought wow, okay, will be nice to stay home today and trade.

But no! THE MARKETS WERE CLOSED!

The moral of the story: "Don't make it a Rumsfeld play," have an exit strategy!

(Prospectus, hope you don't mind the above. Your comment on ONSM was one of the funniest things I've seen in a long time!)

RE:THE FAST%K FILTER

A recent post to Stockfether regarding the narrowing down of the Fast%k watchlist.

1/15/2007 1:36:20 PM

Hi Dunamis,
you said
"I just change the volume if there are too many results. BUT, I have to say, I find that the majority (90%+) of stocks that the filter throws out (without changing the volume) go up within a five day window. If you back test it by 5 or 6 days you will see what I mean."

I know I've said before that to narrow down lists into a manageable number of matches I've found that bumping up the volume works good for me.
WHAT I forgot to mention is that with a real bottom fishing method such as the Fast%k<10 what I do instead (and please realize I do this because I love the swishy ones and tolerate risk well,I have been trading over 40 years now and RESPECT the market but do not ever FEAR it) is bump up the ADR(10)to get a smaller list of candidates.
Sorry I didn't mention this before but I have so many things I just do naturally , tucked away in the back of my head after so many years of trading,sometimes I forget to mention them.
That's why I'm thinking about writing a book so even I'll remember them, ha.

Anyway check this out:

Fetcher[show stocks where fast stochastic fast %k(14) is below 10 and volume is above 400000 and close is between 1 and 10 date offset is 1/8/07
and sort column 5 descending
average day range(10)is above 8 percent]

Now this is from last Monday list,a week ago.
Without the ADR added it returned 54 matches with 45 green, 9 red with 8 over 10% gains. Great in itself but maybe too many to manage for most folks.
So adding ADR(10)>4% cuts it down to 29 matches,only 4 red while losing only 1 10%+ gainer.
Upping the ADR to 8% gives 4 matches, all double digit gainers with an average 3 day hold of 44% and current percent gain of 37%!

Date offset of 12/29 gives a perfect example of bumping up ADR% while dropping off losers but keeping many of the nice gainers.
W/o any ADR the scan gives 49 matches, currently 40 gains/9 losses with 14 double digit gainers. Very nice indeed but a lot of matches.
ADR 3% gives 29 matches, 25 gainers/4 losers with 11 double digit gains. Still real nice.
ADR 4% gives only 14 matches but the win/loss ratio is now 14/2 with 6 being double digit gains. Now it's even nicer if you are looking for a smaller list.
Looking for a very small list of 4 I upped it to ADR 6.9 (yes you can bump by tenths) which shows currently all 4 green with 2 of them double digit hits.

Dunamis, if you are interested in this I can be reached at greenonthescreen AT gmail.com if you have any comments or questions.

P.S. You are right about many of the matches going up in that 5-6 day window, plus many keep going much higher as the days go by.
Witness 1 trading month ago 12/12, VXGN and MNCS are still over 100% each and have never really showed signs of backing down if you look at their charts.
Not to suggest we'd ever hold that long but you never know.

This added for this blog:
BTW, anyone is welcome to post a comment to this or any other post on this blog. You do not need a blogger account to do so.

Stock Watch: BRLC 1/12/07

Lately, I've been using the force index as an additional indicator to find those stocks ready for reversal.

Additionally, I look for a negative 3 day force index, positive 13 day force index and a positive slope on the 3 day force index. Meeting my force index criteria for tomorrow is one of Muddy's favorites, BRLC. Using Elle's 10/60 screen, it looks like there was cross at 3pm. If it picks up some volume, it could be on the way up again.

WELCOME mstrader!

We have invited mstrader to be a contributor on our blog.

Muddy and I really like the blog, very good watches, and the blog follows the way we like to trade.

Check out mstrader's "fail" DSTI!

Sweet....

Looking forward to mstrader's posts here!

HOLDING OVERNIGHT

From a post at Stockfetcher from someone asking about holding over night on big breakouts.

"What about BHIP?
But do you hold them overnight?"

Holding overnight for me depends on a few things but mainly if a stock is in a huge 1 day breakout like FMDAD was on it's FIRST breakout day AND it held it's gain well into the close of the day,like it did ,I will hold overnight as these very often will gap up on the next open,just like FMDAD did.

I will sell by 10:30 most times as these tend to fade after 30-60 mins after the open.Many times you can get 20% or more from the stock.

An example today is OBCI that brokeout huge yesterday.It held good into close considering it was up 200% at one point yesterday.

This I would hold for the expected gap up on todays open and set a MENTAL trailing stop to lock in profits.

Let's see what OBCI does at open.

(This is Muddy's post, not mine.)

THE POWER OF HODS,VOLUME .....

The 10/60 cross,going green,knowing some favorite stocks,even dollar mark crosses,SIMPLE stuff like that.
This from yesterdays chat:

(12:57) Muddy: Elle,FMDAD finally green 1.69

(13:22) Muddy: FMDAD just crossed 10/60 1.8

If you look at a chart you'll see the volume spikes coming in there.

Then today:

(Jan 09-12:03) Muddy: we mentioned FMDAD yest,steady up near 2 now

(Jan 09-12:03) Muddy: old symbol FMDAY

(Jan 09-12:06) Muddy: just popped over 2

From there it went an unreal hod 3.70 !

And from yesterdays:

(11:26) Muddy: GOAM 7.5 ( i know this stock very well over the years as a potential bigtime runner with vol spikes,it had just gone green at 7.35,off lod EVEN 7)

(11:27) Muddy: to 8 (in a minute!)

(12:09) Muddy: GOAM 8 cross (there's the even mark cross)

(12:49) Muddy: do you see GOAM 10/60 cross today (the cross came at 7.70 and with a volume spike to boot!)

(13:00) Elle: yeah, GOAM is great runner (few times a year!)

(13:00) Muddy: yes sure is (and we KNOW this stock)

(13:23) Muddy: Elle,GOAM looks coiled

(13:24) Muddy: bid/ask flipping (watching price action)

It closed at 10.30

These kind are not rare at all,in fact if you go to Mondays log you'll see FMDAD and GOAM we are talking about them running at the SAME time of day!

Check out Thursdays, ,Fridays and Mondays log for MEMY.

This stock gave big profits on 3 straight days from SIMPLE STUFF

It was Touch and Go......

Funny, me picking the FORG 01.04.07 chart for the first 10/60 chart example to post since it ran so nice on Friday. Here's that chart. You can see where it almost touched yet NEVER crossed below. So no sell signal. From the near touch around $1.62 to $1.85 at close, another 14%! SWEET...

Yawn......

Remember, the 10/60 Cross doesn't make things happen.......

Here is chart of GW with 10/60 crosses that look nice at first glance. In most cases though, ignore a stock like this since it has no day range. Look at the range on the chart, from 6.45 to the top 6.70; less than 4% range. Look at the "buy" crosses, only about a .10 move on each. For a $6.50 stock that is less than a 2% move. Many better opportunities out there.

DAYRANGERS FOR THIS WEEK 1/8

MAMA DRL ONT FORG NWACQ ONSM MVIS MEMY ZICA DKAM EVCC ICGN PFSW RMDX IFON OPBL TNEN ESCL ZVUE TKO CPSL FFHL ARTX SCRA SIGA THLD IMMU SKNN URZ RGBL

All ADR(10)>10%

I use these with the couple filters i use,the fast%k,the flag pattern and ema13/sma20 UBB zone pull and the
"goal post" pattern described in the comments on 12/10 post ADDED A LINK
Also with the sma 10/60 cross if they have the volume

And of course when they hit the HOD LIST with volume
Anyone who saw MEMY's 2 incredible runs in the p.m. Thurs and Fri will understand how once in awhile these stocks can just take off.

The champ here this week is RGBL with 26% ADR over the last 10 days followed closely by ZICA at 25%

USSE watch for 01.05.07

Saw USSE moving near close, but with work, I can't post much. This is one I was watching a month or two ago, a reverse merger I think. Former symbol was LFZA. After I saw it running, I checked and saw news.

Notice the first oval, not a 10/60 cross, but if you were already in, you would still be in until the sell cross, which never happened. So you would hold. If for some reason you were following this and looking for entry, you would wait for a definite opening when one line pulls away from the other . Second circle at EOD. Look at the volume spiking at close!!

This is a penny stock (which I rarely trade) and is not a recommendation to buy, but will be fun to watch. I think this one is gonna fly.

FORG 10 min/60 min chart

I think doubleclick couple times to enlarge. Sheesh, this website and blog stuff is killing me!

FORG on the Scottrade daily chart. Now believe me, Scott intraday charts leave a LOT to be desired, but since I don't use, or want to use, any complicated intraday stuff it works okay for me. Muddy taught me "caveman" trading over the past few years, and I have to say it works for me. Keep it simple, price and volume is all. That's the beauty of watching the HOD list daily, you can catch the runners quick if you know them from the past, or you see them hitting HOD list repeatedly.

The chart settings we use are a 5 min candle, 2.5 day chart (hey that's all they have for a 5 min). Add indicators for 10 min sma, 60 min sma, and volume.

I have circled the 10/60 crosses. Note the first circle on the FORG chart is a possible indication to SELL and the second one near close today a BUY signal.

PLEASE, don't ask which line has to cross which line. If the price is going up and it crosses, it is a buy and vice versa. If one cross is a sell, then the next cross is a buy. That's the nice thing about this....a quick look gives you confirmation if you were considering entry. Don't make this complicated.........it's a simple visual method when things are moving quickly.

I'll post a few more charts on the weekend with some comments.

Scottrade Market Movers Screenshot

High of days on right, new 52s in green, Low of days on left, new 52 low in red. Click and hold the min/max button on window to freeze it cause it flies too quick to read sometimes.

I am a blogging dummy, I think you need to double click a couple of times to enlarge the pic.

WATCHES 1/4

SGU WBTO FORG THLD TNEN SKNN GROW CNR MVIS MOVI

GREEN hold

I'll continue to play CPSL, for what I can get out of its great dayrange until it dries up.

100% STOCKS

Here is a list of 20 stocks that were either mentioned in my watch lists on this blog or in the chat room BEFORE they at least doubled or more in the past 6 WEEKS, every one i believe in both as far as I know.
A few still maintain this status as of today, though many have fallen below it. THIS IS WHAT TRAILING STOPS ARE FOR.
I'm in no way saying 100% could be made on these stocks,because of the trailing stop rule.
But isn't 20% or more ok to take out of the middle of that 100% run? I sure think so.

MAMA FORG TNEN ZICA HTI SKNN NWACQ ONSM CPNLQ TGEN CPSL XNN TSTC ZVUE AQUA NSLT GOAM SOLM ITKG MIVT

Myself i watch/trade stocks with unusually ABOVE average dayrange in a setting I feel is conducive for a quick pop or a nice few day swing trade setup.

Of those 20 only AQUA at the time i was not familiar with,but had to watch it off its 12/4 sq/vol/br.
I felt at the time a very small position in it at between .06 (which would have been a catch of green the next day)and .08 could very well lead to a double in the next day or 2. As it was it ran to close at .30 on the 6th with over a million shrs traded on the 5th and 6th. You can see by the chart that this one didn't even trade over 10k shares many days in the preceding weeks,it was actually a ZERO volume stock a few days in the last few months,which if you've followed me the past few years you know i love that angle. These type can give powerful quick moves when they start to get interest with big volume

All of these 20 stocks i felt exhibited a very good risk/reward ratio at the time.
Many years ago before I started trading these above average dayrangers i would get stuck in low dayrangers for weeks at a time,watching them trade sideways all the while eating up TIME and keeping my trading capital from working elsewhere.
With the compounding factor thrown in, i saw that these sideways stocks were actually risker than stopping out with a 3-4% loss on the type of stocks i now trade.
Losers are and always will be part of the game, there can be no avoiding this.
I take my loss and FORGET about it and move on to the next potentially very profitable trade, always with that powerful compounding factor in sight.

OLAB

Symbol below in watches OLAB is now CPSL

Entering under 11 here again for hopeful run back

WATCHES 12/29

CAMH TGEN CBRX MKTY CLWT SNTO IFON SGU TKO TSTC OLAB PFSW SPDE ZICA
Charts i like for a bounce

on GREEN hold

Watch the ones that fail today for next week for sure.

WATCHES 12/27

Watching all the "failures" from yesterdays watches.
They are the ones that closed in the red.

Especially SYNM MAMA, also slight green FORG which seems fairly cheap at 1.19

Oh and of course ZICA which may rally more at least 1/2 the day.

ZICA Monster

STOCKS MENTIONED IN LAST CHAT

I've noticed since we began the live chat,stocks mentioned in a favorable light in the previous chat often ran pretty good when they held GREEN the following day so for the heck of it here's ones mentioned on Fri :

TERN IAAC SYNM GTEM IMMU HTI RHT ONSM XING TNEN ZICA URZ ANDS EXAS ITMN

WATCHES 12/26

ZONE : AOB BIOS CPNLQ FORG GOAM NSOL NWACQ SOFO TGEN TTP

FLAG : CBRX DKAM DSCM MAMA NXG SIGA SYNM TRMM

FAST%K : HYGS ANAD BIOM BLDP OSCI EGHT DSTI IBIS XNN TREN

GREEN HOLD

THE IMPORTANCE OF KNOWING FORMER RUNNERS

I know most folks that have traded for years have a list of stocks in their heads that once they start to run on volume can just take off.So this post is mainly for the newer traders that haven't been around long enough to have that list in their heads and the feel for how they can trade.
It's my opinion that newer folks spend too much time on too many filters and the backtesting of them.
I feel more time should be spent scanning for stocks each night that gained say over 10% that day on larger than their average volume and charting them to see under which circumstances they ran,such as out of the ema13/sma20 UBB pullack zone,very low rsi2,very low fast%k14,UBB flag pattern or any other indicators you may favor.
Now please check this out:
(11:20) Muddy: ZICA low vol runner at 1.01
This is what I said in the live chat Friday.I knew this stock from the past as a low daily average volume stock that had the ability to run once it started to go with volume as it was starting to do at around 11:20 p.m when I saw it on the high of day list.Look at the 1 day/1 min chart for it on Fri, you'll see I saw it almost at the start of it's run.This because I stay glued to the HOD list most of the time I am in front of the computer trading.This is because it works for me,it's my way and if you find your way then you should stick to it until/if it starts to fail.

(11:42) Muddy: 1.37
(11:47) Muddy: more vol spikes!!
(11:47) Muddy: 1.46
After it runs from $1 to 1.37 it's getting more volume coming in at a furious pace,spiking,in 5 mins it's at 1.46 running off to an unreal hod to 2.30. If you chart ZICA you will see why i remembered it,huge white candles on 2/01 3/20 7/19 9/27 plus 4 more times in 2005. I might have trouble even remembering what day it is but i don't often forget those kind !One other from Fridays chat:
(09:49) Muddy: Laura,watch green for GTEM
(09:50) LauraJ4957: gotcha, am watching
(10:40) Muddy: Laura,GTEM slight green
Laura and I have followed this stock over the last few years and know what it can do.

Look at it 3/16,6 days in a row down,it works itself inside the LBB at 2.33 then opens 3/17 at 2.35 and runs to close at 2.83
On 2/8 it's down 9 days,4 days inside LBB,on 2/9 it finally holds green with volume and goes from 2.65 to 3.34.
On 12/29/05 it's 3 days down,8 of the last 9 and at 2.19. On 12/30 it opens gapping down to 2.01 so i'm thinking another crappy day for it. Not quite,all of a sudden it appears on the HOD list and now it's just gone green. It runs from that 2.20 to close at 3.68! 2 weeks ago on 12/12 it went from 140k shrs to 3.6 mil shrs going from .26 to .43 making it a sq/vol/br watch,the next 2 days it continued up to close at .62 on 12/14. Then on Thurs it became a beautiful Muddy zone watch, the big red candle jammed right between the ema13/sma20, it fell from .36 to .31 quickly but i watched in case it went green. It did at about 10:40 running off to hod .445 closing at .43. The point of all this is to show you that history often does repeat itself in the world of stocks. Remembering former runners can give you a big edge.

Everyone have great Christmas, Muddy

RE: HOW TO FIND THE NEXT ONSM FILTER

Any filter i play i use a 3-4% mental initial stop and same with the trailing stop.
With this filter you should always wait for GREEN hold and watch not only the ones that hit the filter for today but the failures from the last 3 days.To do this date offset 1,2,3 days and look for the ones in red or very small green.These "fails" have a good success rate when they hold green finally.
So for Tues you have the 7 from Fridays results plus fails ESCL TRMM WGDF CUP BPA RBY, a very manageable list of 13. Remember you can't take any filter i post just on sight results alone because it is ONLY a play on green hold,like you see for Fri ESCL was a big loser,that is actually very GOOD. It opened red and never came close to green.The farther they fall as a fail many times the bigger the gain they produce once they hold green.Anyone familiar with our old chatroom associated with the Stockfetcher/Muddy method yahoo group,BNG,will remember how we used to actually hope for a few of the matches to continue not only to fall over the next few days but get hammered.

HOW TO FIND THE NEXT ONSM (and MAMA) :)

A friend with a limited amount of time to chart/research stocks asked me how to find uptrending stocks that have pulled back a bit but if/when they pop they have a good chance of a decent gain over a few days.
I suggested he play around with this:

price lost between 3 and 7 percent over the last 1 day and close is above ema(13)and rsi(2)is above 50 and volume is greater than 200000 and close is between 1 and 15
date offset is 0

As you'll see it doesn't give a bunch of matches but can give some nice hits
Remember, GREEN hold/Average or above the stocks daily volume.

WATCHES 12/22

SYNM CPNLQ TRMM ROHI DCTH FORG LOCM TSTC DKAM MOVI ITKG SOFO URZ
Penny GTEM

All have been hit some in recent day/days
Wait for GREEN hold.

WATCHES 12/21

On the top of my watches from charts i find interesting:

MEMY WBTO PANC ACOR URXE GTEM TERN UFI HIMX GNVC

GREEN hold/avg. or above vol

RE: HIGH FLAG POST 12/15

Of the 20 stocks listed in the High Flag 12/15 post, today there were HAYZ 4% GNVC 38% MAMA 7% SKNN 11% NYNY 4% ALIF 15% TSTC 11% and for the 3 day gains there are NYNY 12% ALIF 19% MAMA 35% TSTC 40% GNVC 56%.

These are volatile stocks i watch/play,please remember that if you are newer to trading,they can run big in a very short time, and being volatile they can fall just as fast.
Always use the stop of your choice and only play these very small until you have the confidence to do otherwise.

Remember until the stock has broken the flag pattern it should be kept on watch for a new entry.
Some like SKNN will break that flag pattern to the downside but the good news is that many of these, like SKNN did, then turn into ZONE ( ema13/sma20 ) plays.

Muddy

A FEW ZONE PULLBACKS FOR 12/18

4 volatile stocks in the zone : XNN PXPL SKNN NWACQ

Of course i'll wait for GREEN hold on large vol/and or vol spikes.

HIGH FLAGS

Was reading a thread last night on Stockfetcher titled high tight flags, my version doesn't exactly match up with the filters in the thread,i like a very short " flag " length, here's the 20 i came up with for today :

HAYZ GNVC ISIS MAMA SKNN HTI MVIS WFII KONG ROHI NYNY ALIF MIVT ONNN TTP MOVI XNN ISPH BIOS TSTC

UBB ZONE PULLBACKS 12/15

DALRQ AOB XNN QLTI ALTH AUY INPC EVCC ARQL PXPL VIFL NSLT BIOS OXGN CAPA EXAS EGIL CLWT CNTF TRCA CAU MOBE HEB TSTC CMGI SGEN PMU URZ

The zone pullbacks for 12/14 did excellent posting a 18 - 10 win/loss ratio with FRPT 18% STEC 11% GNVC 10% being the leading gainers.

Is there anyone out there playing/watching these zone pullbacks,if so are you getting mostly these same stocks from your scans ? Leave a comment in the blog if you're following them.
Thanks, Muddy

FAV LIST STOCKS

CLWT EGHT FORG FRPT HANS INSM JDO MNG NEOL PRGX PTN STEM TGEN THLD TMY URRE URZ WWAT XSNX ZVUE

These i'm watching close for green hold, a few may bounce good as they've taken a hit of late

UBB ZONE PULLBACKS 12/14

BRLC QLTI DVAX WTSLA CAPA ALTH CHINA STEC IEDU SVNT FRPT AUY BWLRF INPC TARO EVCC CNTF ARQL PXPL VIFL GNVC NSLT MOBE BIOS CVV AMCC OXGN ENCY

THE POINT OF FOCUSING

This only applies to the folks that can watch the market during the day but i think if folks would focus in on the stocks they know can run much better than the avg stock ( for me it's the ones on my favorites list ) and pay attention to things like volume spikes, higher than normal volume, even dollar and 50 cent crosses on the smaller ones, NEW HOD'S , going green after a few days down and/or going green after sitting still for an hour or so, and bid jumping above ask even as the price does not rise,etc. they could up their gains considerably.

These are some of the things i pointed out on stocks from my favorites list in our chat in the last 2 days
Monday :
(09:44) Muddy: NWACQ went green 5 cross ... from that $5 green cross it closed at 5.70 and to 6.54 hod today.
(09:59) Muddy: GOAM vol coming here 8 ... it ran to 9.24 in a few hours.
(10:47) Muddy: IEAM 4.3 from fastk fri
(10:48) Muddy: well inside lbb now ... getting vol spikes there it ran to close at 4.80
(11:10) Muddy: MAMA action again over 2.5 ... the action was vol spiking and the bid jumping over ask repeatedly. From that 2.50 we all know where it is now. Then just 5 minutes later:
(11:15) Muddy: EFJI hod 6.13 vol scan ... It then went to 7.08 closing at 6.80
(11:45) Muddy: lower avg vol HAYZ a MZ bounce moving back up from 3,on vol scan ... gapped up at open,came back to $3 then went to 3.64 closing at 3.50
(12:10) Muddy: XNN near hod ... on my watch because a momo from recent sq/vol/break,it ran from the price then 3.65 to 3.98 in 30 mins,closing at 4.05
(12:31) Muddy: NRPH 56 may be good few % new 52s ... good it was closing at 57.95 after hitting 5914 quickly.

Today :
(09:42) Muddy: HTI hod 6.4 ... another momo recent sq/vol/break it ran to 7.15 quickly closing at 6.99
(11:19) Muddy: ROHI pop 2.4 ... hod 2 day ago sq/vol/break on favorites list also it quickly ran to 2.94,closing at 2.50
(13:47) Muddy: watch CVDT at 3.4 hod(13:47) Muddy: new issue has vol ... right to close at 3.58
(15:10) Muddy: fav CNLG hod 2.5 ... only 50 mins until close it closes at 2.75
(15:13) Muddy: fav CLWT hod 3.82 ... only 3 mins later i see this one at 3.82 it hits hod before close 4.05(15:54) Muddy: HLYS hod 32 (15:54) Muddy: closing strong ... Only 6 mins left this momo new issue gives 2% at a 32.60 close.

I realize i have decades of trading experiance and know many of these stocks like the back of my hand but newer folks should take note,concentrate on stocks you know up to this point and the things that seem to make them go.

Muddy

% VOLUME INCREASES

I really like volume stocks,especially combined with recent swishy stocks, breaks up the boredom and makes the day fly by,ha
These are the ones i'll watch for possible daytrades :
NSLT PXPL MDFI RGRP PRNW MIVT UFI GSOL TBIO VNDA TARO HAYZ EFJI GOAM XNN IEAM SKNN FORG CMOS NWACQ NEOL NUVO

STOCKS I'M WATCHING CLOSELY 12/12

high on my list of go on GREEN for 12/12 are :

LBTS - needs better vol than the last 10 days but a watch because it got hit again today and fastk now under 10 and it ran big in that situation on 10/16

URRE - 3 days down but still clinging to the MZ,this one runs when it gets going.

UNWK - hit the last 2 days,very close to the MZ, if it catches green it can go big at times,very good dayranger.

ISON - 3 red candles but another clinging to the MZ,vol better than in last week, a former sq/vol/break 11/20

AQUA - need a tight bid/ask,was a big momo play last week,now in the MZ

EFJI - huge white candle ,bb's clamped down on it 12/5 suggesting a move that it got yesterday, pure momo play,huge vol increase Monday. Closed eod very strong,might gap some at open,watch for $7 break

MEMY - Huge dayranger gave back it's gains Monday, still in tight bb squeeze,may hold gains today.

XNN - Not out of UBB yet, a threat at the $4 cross it hit at eod.

MKTY - hit the last 7 days yet fastk still pretty high on it,seen ones like that have a good run on green, in the MZ still

wait for GREEN or whatever indicators you use.

HIGHER PRICED STOCKS THAT HIT MY FILTERS

FASTK Filter : RACK NDAQ AVR NURO
RSI2 : BEAS PEIX
ZONE Filter : RMBS FRPT IOC UAUA RVBD CAL ISE

ADDED A LINK

Note i've added a link to Movethemarkets which i feel is a very fine site.
It concentrates on "higher" priced stocks over $10 which i don't often talk about but love to follow/trade,exactly the ones Richard follows there, high volume intraday % movers, which i classify as "dayrangers".
Over the last few years i've found a few chart patterns that can move these stocks well.
One is the fastk 14<10 which works as well on these kind as it does with the under $20 stocks.
A great example is UAUA, the LAST time this stock ever hit fastk 14<10 was 8/11 at $22.33
It has NEVER traded that low since !
Also interesting is if you have been following along with my Muddy Zone ( MZ ) , that's the ema13/sma20 area, you'll see that UAUA after becoming a Squeeze/volume increase/price breakout on 9/12 ( white candle pierced by the UBB and contrary to many beliefs with an RSI2 in the 90's ) has bounced EVERY single time it has hit it !
So just on the UAUA chart we have 3 very powerful at times chart patterns that can move these higher priced stocks :
(1) Fast%k14 below 10
(2 ) MZ = ema13/sma20 on a pullback from the UBB
( 3 ) Sq/Vol/Breaks

There's another pattern i call the "Goal Post" but that'll have to wait for later. It's a beautiful day here and my dogs are ready to rock so it's off to the park. Have a great day,
Muddy