Thursday, March 29, 2007

Speaking of loki........

Glad to see you back in the chatroom. Awesome calls the last few days!

Great heads up on KRY yesterday at 10:14 at around $3.25. HOD $4.18!

(Mar 28-10:14) loki3361: KRY spike
(Mar 28-10:15) Muddy: LMRA 2 mil hod
(Mar 28-10:15) bottomlinestocks: LMRA breakout in progress
(Mar 28-10:16) Muddy: KRY 3.35 nice
_________

(Mar 28-10:21) Muddy: Loki,thnks KRY,got it
(Mar 28-10:21) loki3361: kewl, me too
(Mar 28-10:21) Muddy: never saw it
(Mar 28-10:22) Muddy: until you spotted it
(Mar 28-10:22) loki3361: hod list, just caught it as the list was flying at that moment
(Mar 28-10:22) NJ24: me too loki,thank you
_________
(Mar 28-15:02) loki3361: KRY 4


FRPT and stealing my alerts :)

LOL, I heard that loki!

(Mar 29-10:20) Muddy: Laura FRPT 2% up
(Mar 29-10:20) Muddy: may get another 2%
(Mar 29-10:21) LauraJ4957: okay, thx

----------------------------
(Mar 29-11:31) Muddy: Laura.... FRPT 4%
---------------------------
(Mar 29-14:49) loki3361: FRPT still
(Mar 29-14:50) NJ24: nice
(Mar 29-14:52) loki3361: whenever Muddy alerts Laura, steal it for 2 %, but don't let him know
(Mar 29-14:53) Muddy: TGEN
(Mar 29-14:53) Muddy: loki,ha,yes
(Mar 29-14:54) Muddy: i know she cant watch good cause of work so try to give "safer" ones,if such a thing


Thursday, March 22, 2007

AN "AHA" MOMENT

Over at http://stockbee.blogspot.com, which by the way I highly recommend, I was reading an article about "Edge and Aha" which says how many of our best ideas come from that moment you say to yourself "aha, i finally get it",the ones where you think "why didn't I ever think of that before".

So anyway, a couple of weeks ago I had one of these moments (in my case I refer to them as my "DUH" moments,ha).
I always start checking premarket activity around an hour before open and refresh it every 10 minutes or so.
In the past I'd do my last refresh around 10 minutes before the open, load the volume and price leaders into my watchlist, go to the chatroom and get ready to roll.
Well I left the page up all day and when I went to check the Afterhours for the next day later that night the page had somehow refreshed itself to the CLOSE of Premarket trading for that day.
I noticed 2 stocks (don't remember the symbols now) that weren't on the leader board at 9:20 but appeared in the last 10 mins into the close.
And these 2 stocks ran really big after the open but , unlike many premarket leaders that gap up big and are many times uncatchable unless you wait around for a pullback if it happens, they did not gap up more than a few % and hung around that mark and didn't run until about an hour or so later.
So I've been tracking these "late" entries to the premarket leader board the past 2 weeks and about 75% of them have shown the same traits as the 2 stocks I found accidentally for the first time 2 weeks ago.

So my DUH moment hit me,to me it makes sense that this angle might have basis to it, that maybe the "news" that drove the stock up in premarket "late" isn't picked up by the bigger players until a little later than a normal leaderboard stock, one that had been on it all morning and in many cases in the aftermarket leader board the night before.

Anyway these stocks this week have hit the board very late that I have seen:

RCOM open 18.92 hod 20.90
HRSH open 2.85 hod 4.12
SIMO open 24.15 hod 25.85
GSIC open 20.68 hod 22.75
VYYO open 5.35 hod 7

There may be folks out there that have caught on to this years ago or just recently, if so please comment on your findings, thanks.

Tuesday, March 20, 2007

ICFI, Running through the Sq/Vol/Brks Tonight

ICFI had news, good earnings, moved to a 4th qtr profit from a loss last year in the same period. Breakout today but who would have known? Insiders I guess. Up over $3.00 a share after hours.

Should be interesting to watch tomorrow. (Assuming I have internet access tomorrow)

Sunday, March 18, 2007

FILTERS I USE

In a recent comment I was asked this question,so here goes.

(1) show stocks where close gained more than 8 percent over the last one day and price is between .30 and 40

I use this to find bollinger band/volume increase/price breakout stocks aka as sq/vol/br
Please note, and this is VERY important, DO NOT use any volume indicator with this filter.
The reason being many huge runners go from tiny average volume to a very large 1 day spike on the stock's breakout and with a volume limit in the filter you will miss many of them.
I pull up all the matches and sort them by descending order of volume, most days using 700000k + as the cutoff limit.

I also use this filter with a date offset from 2 days up to 14 days and look for stocks that have gone down since hitting the filter.
Then I eyeball the charts and look for ones making either a FLAG pattern or ones that have pulled back into what we refer to in the chat as the MZ (muddy zone).This is the zone of the ema13/sma20.
To find some 2 day plus holds I use the following to find new 52 week highs beginning with a date offset of 2 and going up to 10 days looking for losers on the date offset filters and eyeballing the charts to find ones that have pulled back into the MZ and have gone green the next day.

(1a). show stocks where close reached a new 52 week high
price between 1 and 40
average volume(90)greater than 300000
average day range(30)is greater than 2
date offset is 2

Then on to the next filter

(2). show stocks where close lost more than 8 percent over the last one day and price is between 1 and 40 and volume is greater than 400000

I really like these as watches combined with stocks on the high dayrangers list.
I watch for matches off this list to go green from red on the realtime HOD list for best results.

(3). show stocks where the average day range(10) is above 8 percent and close price is between 1 and 15 and volume is above 300000

These are the stocks I love to trade.
I use one list per week,updating only once every weekend,2 minutes and done.Simple.
I load them into my watch list and trade them in numerous ways,off the hod list, going green from red,abnormal vol/spikes,hints of vol/movement in after and premarket that may indicate upcoming news.
Also I add a column "average day range(30)" to look for ones that are increasing in volatility in the last 10 days over their 30 day average.

(4). show stocks where fast stochastic fast %k(14) is below 10 and volume is above 400000 and close is between 1 and 15
average day range(10) is above 3

This I use to bottomfish and though a very simple filter has given imo some really good results.
I add columns RSI(2) and Williams%R(10) along with a column for fast stoch(14,10).
Complete details of this filter can be found on Stockfetcher.com on the Public Filters List on the Stockfetcher Forums under the filter name Fast%K Reversal.
This filter I mainly use for short swing trades.

And the best for last (for me):

(5). THE LIVE INTRADAY STREAMING HOD LIST FROM SCOTTRADE.
Not a filter or a scan but this is most awesome tool I use.
I know a ton of former runners and I can catch them very early many times in the start of their run.
I am not connected in any way with them other than a customer.
In fact I have a few gripes with them that they haven't ever emailed me back on.
It's just that the constant rolling hod list rocks for me and I haven't yet found another broker that offers it.
You can see what this rolling hod list looks like if you go up to the search box and type in "market movers"


You can change the volume and price in any of the filters to fit your personal tastes.
Please note on filter #1,the gained more than 8% momo filter I use a price down to .30.
Most times this will include otcbb and some pinksheets.
Understand I've been trading/watching stocks and markets for 43 years since the age of 15 and I have a tolerance for risk that is off the charts.
I'm very very careful trying to put the odds in my favor in the risk/reward department.
I have extreme confidence in what I do when it comes to trading.
If you are newer to trading please stay away from these lower priced and otcbb/pinks.
Stick with the price range you feel most comfortable with in these filters.

FORMER ZERO VOLUME STOCKS

I've talked about these many times in our old chat years ago.

I've mentioned it once on the " 100% STOCKS " post dated 1/1/07, so please if you are interested is these kind search and read that post.
In that post I referred to AQUA as running from .05, after it b/o 12/4 on 930k shares, after being a zero volume stock ( pointing of course to a very unknown stock) to .30 just 2 days later!
In the past week we had BTEM b/o 3/13 on 1.4 mil shares after being a zero volume on 2/14.
On that b/o day it closed at .70.
3 days later it sits at 2.22
All 3 days have shown over a mil shares trade on this former 0 volume stock.

ZROS this week kept on running.
It's 2/13 b/o on 2.5 mil shares at .545 came after being a 0 vol on 12/21.
Friday's close was 1.63

One scan that finds these easy plus other stocks of interest is simply :

stocks where volume is 500 percent above average volume(90)
and price is between .05 and 20
and date offset is 0
You can use any volume you want,I most times limit it to over 200,000 shares.

With a date offset to 3/13/07,last Tues, brings up LEND NEWC both +175% and BTEM at +217% into Fridays close

LOOKING BACK

At the day rangers list posted for week of 3/12.

Some really great interday moves on many of them.
One of the best trading weeks I've seen in awhile in fact.

Also over a dozen held double digit gains for the week at Fridays close.

NWACQ 11% DSTI 37% SUF 12% BVSN 25% URRE 10% ONSM 13% FMT 11% FICC 11% CBRX 12% HEPH 15% AVNR 18% NEW 40% and after the symbol change from NEW to NEWC 178%

The hardest hit ones that are still maintaining their volume ICGN UPBS OPBL LTS FORG MAMA URZ GNVC MGRM are definitely still on my watch.

LOW FLOAT STOCKS/INTRADAY MOVERS ON NEWS

I've seen quite a bit lately posted on other blogs about stocks that have been giving good profits intraday due to their above average day range + the markets continuing volatility range.

I've believed for years this is one of the best angles a daytrader can have.
It is why I follow the higher dayrangers so closely.

Imo,the BEST edge comes from low float stocks with earnings/news releases .
These are relatively unknown stocks.
And what happens often with these kind is unlike known stocks,they usually don't gap up huge right on open from what I've seen.

There was an amazing 8 day period in late Nov that produced 4 of the biggest 1 day runs (on non-penny) you'll find on TRADEABLE (huge volume,non penny stocks):

CRDC 11/20 from 13k shares to 5.6 mil ran from open 5.25 to hod 9.62

CSLR 11/27 from 4k to 2.5 mil ran from open 3.80 to hod 15.09 (that's not a misprint) 279% intraday move!

GOAM 11/28 from 186k to 1.7 mil ran from open 5.22 to hod 6.98

SWAT 11/28 from 80k to 1.4 mil ran from open 6.74 to hod 9.86

CRDC opened even
CSLR the huge runner opened 13% up
GOAM opened 2% up
SWAT opened 4% up

Believe me,I'm not suggesting one could have gotten in at those very low opening prices or sold near the hod's.
What I'm saying is that if you have the heart for volatility (and if you don't that is surely understandable,especially newer traders) taking anywhere out of the middle of these huge runs can give profits that others just wish about in a matter of hours.

A side note: Ironically we started our live chatroom on 11/20 the exact day CRDC went
BTW, All 4 of these stocks were caught and called (probably by TraderJJ,ha) very early from the hod list.

Monday, March 12, 2007

LJPC

This was one of the best classic examples of a sq/vol/br I've seen .
If you look at it on a 6 month chart prior to its b/o 3/8 it shows practically no price movement,trading in a pretty tight channel,especially the last 3 months.
Add to the fact that it was a very light volume stock,many days not trading even 50k shares.

Thurs it b/o on 3.3 mil shares!
Friday it was up at it's hod 66%,trading 5.6 mil shares!

Those looking for a nice 1 day profit Friday this was an easy catch off the hod list as it traded only pennies above its previous close until it zoomed right before noon,then pulled back, then traded sideways until around 2 p.m where it rocketed to 6.85 after opening at 4.18.

Also of note was a stock we've been following awhile WITM.
This was a pullback into the MZ after its most recent sq/vol/br 2/20.
Closed 24% up after going green at the open and rising steadily all day,closing only 2% shy of its hod.

DAY RANGERS FOR WEEK OF 3/12

EVCC YTBL NWACQ WITM ICGN NEW DSTI UPBS FMDA CPNE SUF OPBL CYTR LTS CTDC NEXM CHCG MEMY ZANE FORG NNPP BVSN URRE MAMA IVAN ONSM DRL FMT PRM FICC JDO CBRX URZ HEPH NEOL GNVC MGRM DESC AVNR IMH

Tuesday, March 6, 2007

WHAT I'M WATCHING 3/6

Basically I've been daytrading off the HOD list dayrangers since last Tues.
ANYTHING turning GREEN during the day since then has caught my attention.
NO overnight holds here,too scary for me.

At the top of my watches some beat downs,some continuations:

JADE INSM COR MOVI BMD RBY TSTC CRYO FORG LTS CYTR ASTI ALTI VSGN INRA CHCG PRM DSTI OPBL ICGN

Saturday, February 24, 2007

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.

Friday, February 23, 2007

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.



Wednesday, February 21, 2007

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.

Tuesday, February 20, 2007

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.

Monday, February 19, 2007

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

Tuesday, February 13, 2007

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.

Friday, February 9, 2007

STOCKS IN MY STOCKTICKER PORT AT OR NEAR 52 WEEK HIGHS

Percent Off 52 Week High

SymbolChange% 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

SymbolChange% 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

SymbolChange% 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 %

Wednesday, February 7, 2007

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

Tuesday, February 6, 2007

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!

Sunday, February 4, 2007

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...

Wednesday, January 31, 2007

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

Sunday, January 28, 2007

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


Friday, January 26, 2007

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.

Monday, January 22, 2007

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"



Sunday, January 21, 2007

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.

CDIC 1/19/2007

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?

Saturday, January 20, 2007

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

Friday, January 19, 2007

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.

Wednesday, January 17, 2007

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

Monday, January 15, 2007

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.

Thursday, January 11, 2007

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.)

Tuesday, January 9, 2007

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

Sunday, January 7, 2007

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%