Saturday, April 28, 2007

AH BUT.............................

Pradeep Bonde said...

"You should trade Episodic Pivots with longer holding periods rather than as day trade. Most of them offer best risk rewards for 2-6 weeks holding periods."

I wouldn't doubt anything you say,believe me,but......
I got the "need for SPEED" :)
And besides this way I couldn't care less if the market slides down for days/weeks/months as I'm all in cash at the end of the day.
Makes for way less stress and that sounds good to me.


Friday, April 27, 2007

BONEHEAD OF THE DAY

Ok, so for the week I had a pretty good win/lose percentage but the closest thing I had to a rocket launch was on Wednesday with IDSA at 25%.
Today I could have probably topped that one but I BLEW IT.
In the chatroom Slotmonkey put up IDMI which turned out to be a super alert.
At the time I was holding quite a few stocks and since I thought to myself, "I don't recognize this stock" I didn't even bother to do a quick chart on it.
It ran from about 7.20 to a hod of 9.68 right near the end of day.
After the close I looked at the chart and couldn't believe it.

...I HAD POSTED ABOUT THIS SAME STOCK ON 4/7!

This is great, here is what I said:

Saturday, April 7, 2007

SPEAKING OF IDMI

As Stockbee would say, IDMI had an episodic moment. That's why it's important to remember Former Runners. This stock may never go again, but many do, and that's why it's important get to know stocks and how they behave.
They may go quiet for a long period of time, but when one day they start running on the HOD list (with volume), you better pay attention!

Ya gotta love where I say "YOU BETTER PAY ATTENTION"
This is why I love trading stocks,you just never know what will happen next.
It's also why I lost an ego a long time ago.
As long as I've been trading I still pull bonehead moves like this on a regular basis, haha.

Every day, "WHAT A RUSH" is right!

WATCHES 4/27

AMRN MDII NNRF ONSM TGEN ZROS CYRX ALAN LGBT KALG BBA IDSA SOLUQ RPTN PACT VII EVCC USSU BTEM BFT

These stocks lost 8% or more yesterday.
Many have good dayrange.
Many have had a recent sq/vol/breakout and have pulled back.
Some have even pulled back into the "zone",EMA30/SMA10.
Ones in this zone are:

MDII NNRF ONSM TGEN CYRX RPTN VII BFT

Ones with big dayrange,listed in descending 30 day average:

BFT NNRF BTEM MDII ZROS CYRX TGEN USSU AMRN ONSM RPTN IDSA ALAN VII

As most of you know I pretty much watch the rolling hod list on Scott to try to find ones I feel will have a good move left.
Talking to some folks about this I was surprised to find that a few didn't realize that when the list is rolling that it will highlight the stocks you have on the screen under it in BLUE.
What I do is put my main list for the day,like this one,up and then put the hod list on,that way when any of these 20 stocks hits the hod list it is so easy to spot.

Wednesday, April 25, 2007

***MY TRADES

DAWG Trades

I've had a few emails asking if I can post my trades I make so I'll try to post the trades I make each day.
I'll do this for the next couple of weeks and if it's popular I'll keep it up, if not I'll stop.
I'll start with Monday's to today's and add a new post every trading day.

Please, if you have any questions as to why I entered any particular stock don't hesitate to comment.
That is what this is about, maybe some can learn off it.

Tuesday 7/10

ASYS in 9.50 out 10.21
BBND in 14.12 out 14.74
CTIC in 4.55 out 4.49
CYTX in 5.88 out 6.04
ELON in 17.39 out 20.50
FONR in 7.09 out 8.61
IMAX 4.53 out 4.66
OBCI in 2.52 out 3.22


Wednesday 5/16

MPWR in 17.03 out 17
NGA in 14.65 out 15.51
CLRK in 25.25 out 26.17
BTEM in 1.74 out 1.90

Traded crappo today,passed on way too many like CFUL AWNE JADE ONT TUBR UVE that I normally would have hopped all over. No killer instinct today and not sure why.

Tuesday 5/15

TBSI in 18.63 out 19.83
AVNR in 2.72 out 2.93
MODG in 2.01 out 2.59
ATEA in 7.59 out 8.75

First day back trading since Wednesday and it felt good.
Out of my 4 trades only 2 I spotted on my own. MODG gave me 29% courtesy of a great headsup by Slotmonkey and the ever hod list stalker,Loki, spotted and alerted AVNR.
If you frequent the chatroom you know I hardly make it there by 9:30 most days as I'm really lazy and get to doing other stuff.My mission is to spend the least amount of time doing stock research as possible and enjoy other things,so when I showed up 45 minutes early today it surprised even me.
Last night on afterhours I saw one of my all time favorite low floaters ATEA up 30% with volume and I could hardly wait to get started.
From the past I remembered this one and how it could run and it paid off.
Like I've said many times,try to log or remember these kind.
From todays chat:

(May 15-08:52) Muddy: gm....JJ, LOKI,you know ATEA,right?

(May 15-08:56) Muddy: but you from past i think was you and/or JJ

(May 15-08:56) Muddy: you know *

(May 15-08:57) Muddy: i traded it before with someone,might have been JJ in old chat,forget

(May 15-08:58) Muddy: its a big runner on no news at times i

(May 15-08:58) Muddy: in past

(May 15-09:06) Muddy: ok,in dec yeah,and i've seen/remember in 2005 when 8 to like 25 ATEA

Wednesday 5/9

OSIS in 28.30 out 29.15
TUBR in 3.65 out 3.98
CELL in 13.60 out 13.69
ENER in 36.10 out 35.77
UHCO in 22 out 21.74
BPHX in 9.05 out 10.12
TEXG in 2.08 out 2.46

No trading for me until maybe next week sometime, getting burned out again, I'm finding it hard to stay motivated and that's not good.

Tuesday 5/8 :

NGA in 12.90 out 13.92
ECGI in 4.04 out 3.84
NILE in 54.18 out 56
KRY in 4.50 out 4.56
COTE in 1.69 out 1.94
STLD in 47 out 48.10
OMPI in 15.81 out 16.89
GOAM in 6.40 out 6.80
UHCO in 19.85 out 20.90


Monday 5/7 :

TEXG in 2.80 out 3.95 ( added more @ 3.19 )
SYNL in 38 out 40.65
SORC in 6.22 out 6.52

Friday 5/4:

SFLY in 18.40 out 18.10
INAP in 17.01 out 18.90
MOBE in 3 out 3.50
NNPP in 1.71 out 1.88
IDMI in 9.02 out 9.13
BIOS in 3.90 out 4.30

Really good day for me to top off one of my better weeks since I've gone to exclusively daytrading
BIOS went from 3.90 to 4.70 in less than 10 minutes which was quite a rush.
It came down from 4.70 so fast I missed my stop at 4.55 and I outted at 4.30 which was still ok.
I jumped right on this one as soon as I saw the b/o because I remembered the huge fast run it did back on 11/22


Thursday 5/3:

IDSA in 14 out 15.12
SWRI in 1.47 out 1.65
TSYS in 4.73 out 4.59
NTLS in 22.06 out 22.90
NVEC in 34.07 out 34.76
EVCC in 2.30 out 2.49
SMDI in 10.50 out 10.89
CPNLQ in 3 out 3.17
CEDC in 33.03 out 33.62
GTI in 11.55 out 12.10

After my stop was hit on EVCC at 2.49 near the end of the day share price plunged to close at 1.94.
It'll be near the top of my watches again for Friday,along with KDKN HPLF NNRF OPBL as ones that took a hit




Wednesday 5/2:

ININ in 17.10 out 18.62
TTMI in 10.51 out 12.09
ANPI in 6.04 out 6.61
EVCC in 1.83 out 2.10

I never saw ANPI hitting the hod list but I traded it off the great headsup by Slotmonkey in our chat.

Caught EVCC again for another 15% making it 52% over the last 2 days.
It has run 83% in the last 2 days and I've gotten 2 nice middle pieces from it.
As I've said before this is my goal, to take middles and move on to the next one.
I'm not trying to guess tops and I'm not trying to guess bottoms, for me anyway, it's alot less stressful and so far I can't argue with my win/loss or profit ratio.



Tues 5/1:

RX in 30.28 out 31.58
TRCR in 14.23 out 15.29
EVCC in 1.33 out 1.82

Good day today, just how I like them, just a couple trades, all good profits with a close to rocket launch on EVCC at 37%


Monday 4/30:

AVNR in 3.70 out 3.60
XFML in 11.60 out 11.60
GROW in 26.80 out 28.05
ROCM in 24.06 out 24.46
IOTN in 6.20 out 6.34
MDII in 1.82 out 1.86
AGIX in 3.18 out 3.45
CRNT in 6.75 still in, held,out Tues 6.94
SNCR in 23.45 out 22.97
IDMI in 9.49 out 10.37

Not a great day for me as there were just too many things I saw running that I liked and in some cases went with not the best choices I guess but that happens. The weird thing was the Nas down 32 and so many good setups.

I flinched on a great alert by member Stockgal on SWRI at a price of under 1.80, then decided to let it go. Big mistake as it climbed steadily to close at 2.24.


Monday 4/23:
FRPT in 21.40 out tues 23.90
KRSL in 22 out 24
DNDN in 15.70 out 16.50
SCR in 16.30 out 17.40
AGEN in 3.39 out 3.55
VION in 1.80 out 2

Tues 4/24:
TRCR in 12.06 out 13.39
HTI in 9.70 out 9.91
CYRX in 2.09 out 2.31

Wednesday 4/25:
RVBD in 32 out 34.50
MBLX in 24.05 out 25
XNPT in 36.80 out 41.10
ZRAN in 21 out 19.50
IDSA in 10.55 out 13.20
ROCM in 27.45 out 27.40
CTDC in 3.63 out 3.75

Thursday 4/26:
VDSI in 19.50 out 22.20
CBRX in 3.03 out 2.91
AGIX in 3.03 out 3.08
AVNR in 3.50 out 3.47
RKT in 40.10 out 42.80
AEIS in 23.90 out 25.25
XNPT in 42.39 out 44.30
AGIL in 7.51 out 7.55
LEND in 11.69 out 12.26

Friday 4/27:
SNTO in 2.65 out 2.87
MCHP in 40 out 41.38
MDII 1.68 out 1.80
QDEL 14.70 out 14.76
MBLX in 27.05 out 28.21
UCTT in 15 out 15.09
IDSA in 14.03 out 14.90
ICGN in 1.50 out 1.60
ULTI in 28.15 out 29.24

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Understand some of these were alerted by others in the chat, I didn't see them all at the time of their volume spike/price upping on hod list. Since I know a ton of stocks I usually know which ones I want to get into.
This is what the chatroom is about and I thank all who participate.

Monday, April 23, 2007

FRPT

Muddy alerted FRPT earlier today in chat and lookie what we have here announced today at 5:00 pm:

CONTRACTS

NAVY

Force Protection Industries, Inc.,* Ladson, S.C., is being awarded $481,414,500 for firm-fixed-priced delivery order (#0003) under a previously awarded contract (M67854-07-D-5031) for additional Mine Resistant Ambush Protected (MRAP) Low Rate Initial Production (LRIP) vehicles. The Government shall purchase 300 Category I Vehicles and 700 Category II Vehicles, for a total of 1,000 vehicles. Work will be performed in Ladson, S.C., and work is expected to be completed by May 2008. Contract funds will not expire by the end of the current fiscal year. This contract was competitively procured. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defenselink.mil/contracts/contract.aspx?contractid=3501

Hit $25.99 in afterhours, might run a bit in the morning :)

DAY RANGERS WEEK OF 4/23

AVNR EPCT CPNLQ ONT MDII CPST CPTC WITM NRMX CEGE VLNC NUVO DRL AMRN AGIX VG FMT AGEN TOA SCON DYAX PUDC USSU NTBK MEMY FTRS FDMLQ CYRX VYHN CBRX JADE RBY RNVS GMO PCSV NNRF JDO CFPC URZ SCU

SCON which Loki and I saw/alerted hit the hod list with huge volume spikes right at the start of it's big pop on Friday may take off right from open today,4/23.
Loki said at the time it had contract news from the Air Force which hadn't hit the newswires yet at that time.
Looks like the company has just released that news at 7 a.m this morning,might be a runner at open.

Sunday, April 22, 2007

SUMMER'S HERE & THE TIME IS RIGHT...

1979 Trans Am. Worked 400 ci/400+ hp.
Weeeeeeeeeeeeee!





How Muddy Got His Nickname

The 1978 eighteen-inch lift, bad-ass, stump-pullin' Muddtruck.....
Yeeeeehaaaaa, grab your earplugs!

Saturday, April 21, 2007

Thursday, April 19, 2007

Re: the gift that keeps on giving


Hiya Loki,

Nice recap on two great trades!

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

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

2 for $2 for Thursday

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

MGRM: $2.00 - $2.48 hod


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


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




Tuesday, April 17, 2007

INSW TODAY

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

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

Monday, April 16, 2007

MDII Chart


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

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

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

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



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

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

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

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

DAY RANGERS WEEK OF 4/16

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

Sunday, April 15, 2007

Friday, April 13, 2007

RE: WATCHES FOR THOSE THAT ARE TIME CRUNCHED

This post dated April 7th showed as of that date this port list at 13 gains 5 losses 2 breakevens with an overall port gain of 7.4%
It now stands at 13 gains 2 losses 5 breakevens with a nice increase in overall port value of 13% !

The 2 losses are minor:

WITM -4%
BQI -2%

Heading the gainers list are:

RPTN +41%
SUF +38%
ANO +30%
IVAN +24%
ONT +22%
ASTI +22%
BMD +20%
LJPC +18%
ESLR +16%
SIGA +12%
ZROS +11%

Update after 2 (9 days in this case) weeks:
Gainers:

SUF +43%
RPTN +32%
ONT +32%
ANO +30%
ASTI +29%
JDO +28%
BMD +23%
IVAN +23%
LJPC +18%
SIGA +18%
ESLR +17%
SDRG +6%
ZROS +5%
NNPP +5%
BVSN +2%
DSTI +2%

Losers:

WITM -9%
BQI -1%
OVTI -1%
VION -1%

16 Gainers 4 Losers Overall port value +16.35

Of the ones that I still have in play I'll set a tighter trailer,take my profits,and move on to a new list of MZ pullbacks which I will scan for sometime this weekend.


Wednesday, April 11, 2007

Muddy Goes to Hollywood!

LOL, okay, he's not really in the "movie", but he is mentioned a lot. Jeanne over at Blonde Money has a lot of nice things to say about him in her latest video.

Jeanne has only been trading for about a year I think, and Muddy has been trying to help her out. For newer traders here, you might want to watch the whole video and take note: simple is better.

RED, RED AND MORE RED!!!!

Don't make trades when the markets are red?

Why not? Been told not to? Read a book that said to stay away?

Plenty of opportunities come up even on red market days, you just have to know where to find them.

High of day list / good average day range stocks making 52 week highs are the way to go. Muddy has said it over and over again in chat and in this blog, it works. Today the markets were red as you know-



Wanna see what came up in chat? I stopped counting at 35 alerts because well, I just stopped:)

Some of the highlights: Symbol / Alert price / HOD

CTLG .75 / .95 AVII 3.04 / 3.22 ASTIZ 2.50 / 2.75

AMKR 14.02 / 14.30 DESC 1.80 / 1.91 FWLT 63.48 / 64.49

BHIP 2.34 / 2.55 JASO 19.78 / 20.28 GLBL 19.97 / 20.33

AMRN 3.25 / 3.39 VOLC 18.40 / 19.35 RIGL 12.00 / 12.44

NEXC 12.10 / 12.93 AHM 20.10 / 21.91 VRAZ 6.80 / 7.20

VNUS 11.00 / 11.47 MDII 1.45 / 1.70 PGNE .34 / .57

LEND 9.60 / 10.35 NFI 5.08 / 5.38 ISON 1.45 / 2.20

POWL 34.90 / 35.67 JDO 1.69 / 1.87 PDLI 22.70 / 23.62

PARL 5.20 / 5.59 and so on.

Anatomy of a trade today:

Spot VOLC coming across the rolling HOD list at 18.30. Have traded it in the past, remembered it had a decent day range. Checked the news, nothing today for it. Volume seemed good, nice break north so I dove in with a .30 trailing stop.




As you can see it continued north for a nice run to a hod 19.35. In this trade I sold just before the hod for a nice profit. Notice at no time did I mention overall market conditions, ticks / trins, etc. Does it matter? Sure does. Do I follow the overall market conditions? Yes I do, along with Gold, Oil, S & P futures and I listen to CNBC all day long.


Point is this: Trade what is front of you, if a stock is running, it's running. I may tighten my stops a bit and take smaller profits when the markets are down / lite volume days, but that is about it.

If you don't trade on down days and it works for you then that is great. If your looking to expand your capabilities then give the HOD list / 52 week high method a try, you might like it.

OK, the "Pile on theory" or "Everybody into the pool":


I think on red market days this method is even more effective than on green market days and here is why. Less stocks are green, traders who don't short much are looking for green. The result is that less stocks are running so the ones that pop green, hit HOD's and or 52 week highs get the goods. Make sense? Do you think ISON would have run as far and hard today if the markets were green and stocks were popping all over? Just a little theory.

Tuesday, April 10, 2007

Going Long Update 04.10.07

Long Portfolio Update

As mentioned before, we plan to update this port every ten weeks. I'm a day late but hey, not daytrading here! Prices for buys and sells are at close today, 04.10.07.

First Going Long Post
First ten weeks result of 14 stocks:



Dropped:
SYX MGM WPSC CVS(formerly CMX) ENR SINA HMIN ORBC

Split the cash evenly and added:
GLBL DYN FRG AVCI TTEC AMKR SBGI

New Port:

Monday, April 9, 2007

ANOTHER RUSH - AGEN


This one on my watchlist because as I've said many times,it's the kind that have been a squeeze/volume/breakout recently.
A sq/vol/br on 3/30 with a volume increase of 1.3 mil shares from previous day 77k this one started to hit the hod list with big vol at around 3.15 and was alerted.
About half an hour later it hit it's hod of 4.60.

Saturday, April 7, 2007

WATCHES FOR THOSE THAT ARE TIME CRUNCHED

Someone asked for some stocks to watch on a blog, http://www.blondemoney.com, that I reply to once in awhile. Thought you might be interested as it's a pretty quick way to find some good potential runners, especially if you work during the week and are kinda crunched for time.

This method has been posted a few times on this blog as a play off the squeeze/volume /price increase filter.


Stocks at the top of my list I’m watching this week for a bounce.
ZROS BVSN SUF ONT ANO NNPP JDO WITM SDRG BMD BQI ASTI DSTI LJPC SIGA RPTN IVAN OVTI VION ESLR

The results:

The 20 stocks I had at the top of my list that I was watching for a bounce this week had a very good 4 day week overall.

It had 13 gains,5 losses and 2 break evens.

Of those 13 gains we had some real nice 4 day hits including:

ZROS +32%
RPTN +32%
BMD +27%
ANO +21%
SUF +16%
ONT +11%
ESLR +9%
ASTI +9%
SIGA +9%
IVAN +6%
BQI +5%

The 3 losers over 5% were:

WITM -14%
NNPP -10%
JDO - 7%


The overall performance of the 20 stocks was +7.4% for the 4 day week.

All 20 stocks had 3 things in common.
All were sitting in the pullback zone of ema13/sma20 after reaching the ubb recently.
All had had recent 8%+ gains.
All were above average dayrangers (the reason for the big gainers as when they start to go green,they often can go go)

These stocks were all found in less than 15 minutes with the scanning service I use,Stockfetcher.com and if you’re crunched for time you only need to run it once a week or so and keep the old ones on your list and wait for green.

BTW,regarding the pullback zone of ema13/sma20 that I have used the past few years,in recent months I have widened it slightly ( to ema 10/sma30 ) after reading about the TAZ (traders action zone) on http://www.swing-trade-stocks.com/
This zone gives a better visual and works as well or better than my orignal zone.
My thanks go out to Craig over there.



On watch: Stemmies

Watching stemmies close the beginning of the week, some nice moves were made on Thursday:

News on White house bill support and that the Senate is to begin debate on Tuesday, could bring in some interest.

A few Stem / related stocks - last price as of Thursday and percent change:

ACEL 1.50 +7.91%
ACTC .82 +9.33%
ALXN 44.46 +1.46%
ASTM 1.58 +6.04%
CELG 58.03 +4.56%
CRIS 1.55 UNCH
GERN 7.43 +2.34%
IART 46.35 +0.87%
LIFC 24.78 +0.90%
OSTE 8.17 +1.62%
SPPI 6.63 +1.84%
STEM 2.94 +6.52%
VIAC 5.93 +4.40%


http://www.stemcellsstocks.com/

Muddy's Weekend Playlist

Muddy asked me to put up a couple of songs he likes. LOL, after three years with no sound, he finally has new computer speakers. Shew...three years. I am telling you this guy is lazy. Guess that's why he keeps saying "keep it simple" (aka Caveman Trading).

When he was a "muddster" he enjoyed this song:



Now that he's a "geezer" he prefers this "tamer" version:

SPEAKING OF IDMI

As Stockbee would say, IDMI had an episodic moment. That's why it's important to remember Former Runners. This stock may never go again, but many do, and that's why it's important get to know stocks and how they behave. GOAM, ZICA, and REFR are a few that come to mind. They may go quiet for a long period of time, but when one day they start running on the HOD list (with volume), you better pay attention!

Check out this post on The Point of Focusing. Here were two days where huge profits could have been made, since every stock on here I knew as a past runner.

New traders need to start building a mental list like this. It can be invaluable to your future trading since you don't need to study the chart in depth, you can just go on green if you know their history.

Thursday, April 5, 2007

WHAT A RUSH!


IDMI ran 67% from it's open price of 6.12 in about 40 minutes.

I see so many folks going for nickels and dimes and this is why I don't do that.
One hit like this even every few months can increase profit returns big.

One needs to break away from the crowd in order to get an edge in the market.
Here's how I found IDMI and why I had it loaded ready to trade before the open .

(Apr 04-09:28) Muddy: IDMI may run awhile

(Apr 04-09:34) Muddy: ha IDMI

(Apr 04-09:35) Muddy: right did run from 6.12

(Apr 04-09:56) Muddy: on AH last night big IDMI and was sq/vol/br on earnings

(Apr 04-09:56) Muddy: figured it would blow

(Apr 04-10:04) TraderJJ: huge, very nice, one of those last min premkt stocks

(Apr 04-10:04) TraderJJ: /low premkt vol

(Apr 04-10:06) Muddy: IDMI IDM Pharma, Inc. $5.25 $6 14.29% 14,180

(Apr 04-10:06) Muddy: AH close last night

(Apr 04-10:10) loki3361: 10

Wednesday, April 4, 2007

Welcome to Our Newest Blog Member!

Look for a post or two soon from our newest blogger! We sent out an invite to a great trader that makes awesome calls in the chat room on a daily basis.

Seems to keep it simple the same as Muddy does: HOD list along stocks you know, price, and volume.

And BTW new Mystery Blogger, send me an email if you need help blogging or posting a chart or pic. I'm the blogmeister (aka blog secretary LOL)

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.