PHAT TUESDAY!!!!!!!!!!!!!!

Welcome Blobbers. (Ha, a new member Rocky called us that, and Laura liked it. Blogger Mob - BLOB. So now we blobs.) Market down almost 400 points, but some stocks trade on their own exchange. Shew, take a look. We called in chat early, little after 10:30. Extracts of the chat log are below the charts. We have a rockin' room.

(Feb 05-10:39) Muddy: IDMI another pop 1.33

(Feb 05-10:40) Muddy: MBI jiggy 15.5

(Feb 05-10:51) Wpg: BIG TIME SLOW-DOWN OUT THERE

(Feb 05-10:58) Muddy: IDMI 1.4 hod

(Feb 05-10:58) Muddy: 1.43 weee

(Feb 05-11:01) scrumscab: Muddy, what is the likely-hood of pharmacueticals like IDMI having more upside tomorrow?

(Feb 05-11:02) Muddy: well IDMI had news yest i think,so maybe thats topping soon

(Feb 05-11:03) Muddy: but is phase 3 news....

(Feb 05-11:04) Muddy: so maybe a runner awhile,see bigcharts for news on it now

(Feb 05-11:04) Muddy: i'm just using 5% mental trailer on it myself

(Feb 05-11:06) scrumscab: Gotcha. I'm just curious with your experience if pharma stocks priced like this have quick momentary runs only to peter out quickly. I like the spread on this, so I'll keep an eye on it.

(Feb 05-11:07) Muddy: APWR jiggy near 18

(Feb 05-11:08) Muddy: spread excellent on IDMI yes

(Feb 05-11:12) Muddy: out IDMI 1.4 ..may try again later in day at 1.45ish if

(Feb 05-11:14) Muddy: ha 1.45 quick

(Feb 05-11:14) Muddy: here goes maybe

(Feb 05-11:14) Muddy: in

(Feb 05-11:14) Muddy: whoa 1.54,love this stuff

(Feb 05-11:15) Laura: Down boy...lol

(Feb 05-11:15) Muddy: use 'em and abuse 'em

(Feb 05-11:15) scrumscab: Man, there's the quick and dead isn't there?

(Feb 05-11:18) stockrake: hopefully IDMI is RIGLesque

(Feb 05-11:18) stockrake:

(Feb 05-11:21) stockrake: ICGN more

(Feb 05-11:25) Muddy: COIN low vol but jiggy 9.8

(Feb 05-11:25) TraderJJ: COINW too COINZ too low vol IMO

(Feb 05-11:25) Muddy: riglesque ha

(Feb 05-11:26) TraderJJ: ha

(Feb 05-11:30) kidd: VPHM - hod at 9.72

(Feb 05-11:31) Muddy: SWC lil pop 13.7

(Feb 05-11:32) Muddy: 1.6 IDMI

(Feb 05-11:33) stockrake: watch it rigl see it jiggle

(Feb 05-11:33) Laura: funny

(Feb 05-11:33) Muddy: haha

(Feb 05-11:33) Muddy: sweet 1.64 hit

(Feb 05-11:33) stockrake: yes

(Feb 05-11:34) Laura: double weeeee for you

(Feb 05-11:34) stockrake: good call on the 1.45 entry

(Feb 05-11:35) Muddy: giddy up 1.7 IDMI

(Feb 05-11:35) stockrake: starting to weee it

(Feb 05-11:35) Muddy: oh yeah

(Feb 05-11:35) stockrake: oh 1.71

(Feb 05-11:36) stockrake: its jiggling alright

(Feb 05-11:36) Muddy: watch YRCW 19

(Feb 05-11:36) Muddy: weeeeeeeeeeeee IDMI 1.8

(Feb 05-11:37) scrumscab: We're probably going to hit 2 for IDMI before the end of the day

(Feb 05-11:37) stockrake: 1.85 giddy up

(Feb 05-11:43) Muddy: 1.9 IDMI

(Feb 05-11:45) Muddy: IDMI 2 babyyyyyyyyyyyyyyyyyyyyy

(Feb 05-11:45) stockrake: RIGLesque for sure

(Feb 05-11:45) Muddy: yup

(Feb 05-12:03) Muddy: IDMI upping back near 2

(Feb 05-12:03) Laura: Mudd, washers and dryers are running WHR

(Feb 05-12:04) Muddy: ha,you do my laundry,dont know much about those things

(Feb 05-12:04) Laura: oh, yeah, true

(Feb 05-12:05) Laura: nice e/r on WHR

(Feb 05-12:06) mrstrader: Laura, you do his wash? lol

(Feb 05-12:06) Muddy: LVS 93 touch

(Feb 05-12:06) Laura: yeah, and believe me "Muddy" is the right name for him

(Feb 05-12:06) mrstrader: good one

(Feb 05-12:06) Laura: good deal though, he does all the cooking

(Feb 05-14:26) Muddy: IDMI creeping back near 2

(Feb 05-14:28) Muddy: MALL near hod 8.67,runs fast last few weeks LLNW still inch

(Feb 05-14:35) Muddy: RAMR pop to green

(Feb 05-14:38) Muddy: LLNW 6.5

(Feb 05-14:39) Wpg: IDMI 2.00

(Feb 05-14:39) Wpg: past

(Feb 05-14:39) Muddy: weeeeeeeeeeeeeeeee

(Feb 05-14:39) Muddy: MALL 8.9

(Feb 05-14:41) Laura: IDMI, I guess even the dogs get steak tonite

(Feb 05-14:43) stockrake: ooo

(Feb 05-14:48) Seano: hi

(Feb 05-14:48) throbinskin: IDMI nice

(Feb 05-14:49) Laura: Hiya Seano

(Feb 05-14:49) Muddy: hi

(Feb 05-14:54) Muddy: IDMI gearing up again maybe

(Feb 05-14:56) Muddy: 2.14

(Feb 05-14:57) Laura: good call again

(Feb 05-14:58) Muddy: 2.25 hit

(Feb 05-15:06) Laura: IDMI bang a double............wooooooooooot

(Feb 05-15:06) throbinskin: hoooooot hooooooooot

(Feb 05-15:08) Laura: 2.38

(Feb 05-15:08) Muddy: unreal

(Feb 05-15:09) Muddy: on 300 down dow day too

(Feb 05-15:09) Laura: I'll have a filet mignon, medium rare plz

(Feb 05-15:09) Muddy: hehe

(Feb 05-15:09) Muddy: so will the dogs!!!

(Feb 05-15:09) Laura: 2.50!!!!!!!!!!!!!!!!

(Feb 05-15:09) throbinskin: more..... WOW

(Feb 05-15:10) Laura: gimme 2 steaks

(Feb 05-15:10) Muddy: oh baby

(Feb 05-15:10) throbinskin: good job

(Feb 05-15:10) Laura: yes dear?

(Feb 05-15:10) mrstrader: congrats

(Feb 05-15:11) Muddy: (Feb 05-10:39) Muddy: IDMI another pop 1.33 .. now thats a pop !!

(Feb 05-15:17) TraderJJ: beauty!

(Feb 05-15:18) Laura: going again looks

(Feb 05-15:20) stockrake: 2.6 nice

(Feb 05-15:20) throbinskin: holy cow

(Feb 05-15:21) Laura: leapin lizards

(Feb 05-15:21) stockrake: this makes RIGL really look like nothing

(Feb 05-15:21) Laura: got some serious mojo

(Feb 05-15:23) throbinskin: Muddy is making steaks

(Feb 05-15:23) Laura: not hurting my short port any, that's for sure

(Feb 05-15:24) Laura: pahty around the bbq at Mudd's house

(Feb 05-15:24) stockrake: this thing is the space shuttle

(Feb 05-15:24) throbinskin: i see 2.8 coming

(Feb 05-15:29) stockrake: massive vol

(Feb 05-15:30) throbinskin: damn now almost 3

(Feb 05-15:30) throbinskin: steak and lobster now

(Feb 05-15:30) Laura: 3 weeeeeeeeeeeeeeeeeee

(Feb 05-15:30) stockrake: can take this whole chat room out for steak and lobster

(Feb 05-15:30) stockrake: on a move like that

(Feb 05-15:31) Laura: hell yeah, and some champagne for all

(Feb 05-15:31) 007: sweet I'm in ... lol

(Feb 05-15:31) throbinskin:

(Feb 05-15:32) throbinskin: It will not stop

(Feb 05-15:32) kidd: Long way from CA - how good are the steaks?

(Feb 05-15:33) 007: wow I missed that .. damn work meetings.

(Feb 05-15:33) TraderJJ: steaks are great but the company is even better ha

(Feb 05-15:33) kidd: lol

(Feb 05-15:33) Laura: a balmy 60 in Philly today, we can BBQ in the backyard

(Feb 05-15:38) stockrake: wowow 3.18 cant stop wont stop

(Feb 05-15:41) Laura: Muddy, you said use and abuse em, earlier. You made IDMI your biatch didn't you?

(Feb 05-15:42) kidd: STEM - 1.84 on 2 x vol. near hod

(Feb 05-15:43) mrstrader: I am only 90 minutes away and I hate to cook

(Feb 05-15:43) Laura: lol

(Feb 05-15:43) Muddy: it's one of the greatest all day runs i've ever seen,from open to close

(Feb 05-15:44) Laura: PANC up 20%, but kinda embarrassed to mention it, ha, pales in comparison

(Feb 05-15:44) throbinskin: good golly

(Feb 05-15:45) stockrake: historical

(Feb 05-15:45) stockrake: and also historical is my sell @ 1.8

(Feb 05-15:45) stockrake:

(Feb 05-15:46) throbinskin: Marriot up 1 %..... lol

(Feb 05-15:47) stockrake: ROIAK HOD lol

(Feb 05-15:47) throbinskin: Muddy up 200 %

(Feb 05-15:49) stockrake: really nice move

(Feb 05-15:50) Muddy: looking at chat log from yest ,kidd called at 1.17!

(Feb 05-15:50) scrumscab: Should I dare say 4 by the end of the day

(Feb 05-15:51) kidd: I did? but did't put any in my pocket, lol

(Feb 05-15:51) Laura: and I said (Feb 05-15:06) Laura: IDMI bang a double.

(Feb 05-15:52) throbinskin: i remember saying 2.8 coming .....lol

(Feb 05-15:54) goongreen: Muddy<----kudos maestro

(Feb 05-15:54) Laura: don't pump his ego, BELIEVE it's not needed

(Feb 05-15:54) Laura:

(Feb 05-15:54) stockrake: thanks for nothing Muddy! (just trying to even things out for Laura's sake)

(Feb 05-15:55) stockrake:

(Feb 05-15:55) goongreen: lol

(Feb 05-15:55) stockrake: now nuetral

(Feb 05-15:55) Muddy:

(Feb 05-15:55) Laura: guess what we going to talk about tonight? lol

(Feb 05-15:55) scrumscab: 4 here we come

(Feb 05-15:56) throbinskin: it's going to try 4

(Feb 05-15:57) goongreen: What they got? Fountain fo Youth

(Feb 05-15:58) throbinskin: looks like viagra on chart

(Feb 05-15:58) Laura: commercials say supposed to see a doctor if it lasts more than 4 hours

(Feb 05-15:58) goongreen: Yeah that a fountain

(Feb 05-15:59) Muddy: ouch 4 hours??

(Feb 05-15:59) throbinskin: red face

(Feb 05-15:59) Laura: this one 7.5 ha

(Feb 05-15:59) scrumscab: Or if you see shades of blue.

(Feb 05-15:59) stockrake: no if it lasts more than 24 hours i think?

(Feb 05-15:59) Muddy: thats not just wood, it's a forest!!

(Feb 05-15:59) TraderJJ: 4 hrs

(Feb 05-15:59) TraderJJ: ha

(Feb 05-15:59) stockrake: lol

(Feb 05-15:59) Laura: ROFL

(Feb 05-15:59) stockrake: redwood tree

(Feb 05-15:59) goongreen: comedians say What...they going to talk it down/

(Feb 05-16:00) throbinskin: 3.81

(Feb 05-16:01) Laura: 3.95 last

(Feb 05-16:01) scrumscab: The volume today is practically the entire volume for all of 2007

(Feb 05-16:01) Laura: ha, that's funny

(Feb 05-16:01) RockyT: in Hawaii we call it Sunami

(Feb 05-16:01) Laura: gap and crap tomorrow, or gap and go? what's your bet?

(Feb 05-16:02) scrumscab: How about the early morning Crap 'n Go

(Feb 05-16:02) 007: thats my bet.. crap'n go

(Feb 05-16:02) Laura: that's what it's like here with the dogs

(Feb 05-16:03) scrumscab: The dogs don't wait for the walk?

(Feb 05-16:03) Laura: I vote with you guys, going to go more I bet

(Feb 05-16:03) Laura: ha, sometimes not

(Feb 05-16:04) stockrake: i gotta crap n go....cya tomorrow

(Feb 05-16:04) Laura: cya

(Feb 05-16:04) scrumscab: Lets' repeat tomorrow.

(Feb 05-16:05) Laura: old folks video game, IDMI

(Feb 05-16:08) RockyT: That was a show...234.211%

(Feb 05-16:08) Laura: incredible run

(Feb 05-16:09) RockyT: What a great day to join the blob

(Feb 05-16:10) Laura: mob blog = blob

(Feb 05-16:10) Laura: I like it

(Feb 05-16:10) RockyT: perfect picture....ioi

(Feb 05-16:11) Laura: Have to go clean kitchen now, Muddy too excited to do it, LOL

(Feb 05-16:11) Laura: BRB

(Feb 05-16:11) RockyT: later to all goodevening!

(Feb 05-16:12) kidd: FRX - put a stink bid in on some calls that got hit so we shall see. It was green today.

(Feb 05-16:13) kidd: take care everyone.

HOW I ENTER STOCKS

I have had a few questions lately on the blog and via e-mail on how I decide to enter stocks.

Laura had a basic description of what I do on a post from a year ago. Entry

Thing is, I can't tell you exact rules. I have been trading for almost 44 years and I know the behavior of tons of stocks. If I see a stock I know start pounding the HOD list on Scottrade, I just push buy if I know it is a past momo runner. It's a gamble maybe, but the odds are in my favor if I know it has done the same thing (on whatever catalyst) many times in the past.

And no, intraday I don't use technical indicators or real time charts. I look at many charts EOD to fine tune my watches for the next day, but intraday.......PRICE and VOLUME, PRICE and VOLUME. All I need.

You have to trade and experiment for awhile. All of us have different styles. I am trying to help and teach, but I can't give you my 44 years of experience.

AGRI SECTOR

If you've been in our chatroom of late you would know that quite a few of us have traded/profited from these exact same 5 stocks in the last 2+ months.
SEED especially has huge fast intraday up moves at times.

Here's an interesting article to check out:

timothysykes.com

UPDATE 1/14
The 5 stocks mentioned here

SEED - 11.5%
COIN + 41%
NOEC + 20%
TITN + 2%
FEED + 20%

Plus COINZ +47% and COINW + 95% both on much higher than normal volume.

All 7 had been up even higher at their hods and backed off near the close.

GRO CAGC also agri stocks gave decent gains

What to Do with Your Day Trading Profits

I posted about the mutual fund CMGFX a couple times on the blog.

I said "2 years ago I took 16 months off from trading other than adding money into CGMFX, a mutual fund I dollar cost average with. ..... But this is what I do. I basically trade off the same $30k account over and over. What is left over at the end of the month after living expenses I roll over into either CGMFX or a few stocks like RRI which I'm into now."

Every month I move my day trading profits into this and a couple other funds. I know some people can manage trading six figure accounts. Myself, I am more comfortable with a smaller amount. I know I can make big returns on smaller plays, and that's my style.

Check out this article about the fund. Up 82% in the last 12 months. Not bad for no work.

Nightmare After Christmas

Nasty topic, but taxes and Schedule D. See the comments on this post regarding taxes. Hope this eases the pain some!

TSS LOST 8% 1 DAY/10% 2DAY/FAILURES 12/31

WCI NFI TARR ICOG SPF WHI JADE BZH BONT VG SOEN CLWR NTWK ACPW IQW TMY BLG LAB FINL TMA

DAYRANGERS WEEK OF 12/31

CTDC CBAK EEE FRPT ADPI NBF JADE FMT SOEN NTRZ VRNM ASHW GST WHI RVI IMM CAO SVN AKNS KOG WCI NFI MRGE TARR SORC SCA NANX GCA ARWR ROIAK AMNT GGR APPY NRMX NEXC IQW MESA BLTI UNCL GTF

Chat Logs Are Up and Current Again!

GlobalSS is a lifesaver! We have daily chat logs posted again now thanks to him. Find them on the chat room page here.

Love ya GSS.

Many thanks!

I tried to keep the chat logs up to date the past year. Thing is, I was only working part time a year ago. Now working full time and I can't do it.

Thanks to Dale (GlobalSS) for helping out. He is going to upload the chat logs daily when he can. He's a class act and a big help to the whole blog/chat.

Thanks Dale!

ROCKET THURSDAY

JBLU and DNDN blasted baby! RIGL amazing too.

Muddy: maybe news,real jiggy

Muddy: to near 29 pretty fast

pete: nice

Muddy: way jiggy

Loki: fda approval

Muddy: 52s now

Muddy: ahhh ok

davidb: RIGL is in a channel....on support right now...see if its going to break and head down or bounce off it

pete: JBLU popping also

Muddy: yes good eye JBLU

Muddy: CYBS more

Muddy: JBLU sweet

davidb: looks like RIGL broke support and heading down

TraderJJ: ADPI 5.50 nopw

jake: ICE coming out of pennent or triangle? 179

syl20: CORT popped on thin vol

Loki: DNDN lil pop

Muddy: DNDN pop too

Loki: on cnbc now

Loki: weeeeeeeee

syl20: jiggy

Muddy: weeeeeeeeeeeeee 7

pete: JBLU over 7 also

Muddy: JBLU huge ,nice one

Muddy: right off the hod list,ha both of them

StockRake: is there anywhere else that provides a hod list besides scottrade?

pete: whoa 8 JBLU

Muddy: JBLU NUTS too ,8 !!!!!!!!!!!!!!!!!!!!!!!!!!!

Loki: sweeeeeet

Loki: I have it on etrade Stock

StockRake: i dont know if Ameritrade has the capability...

StockRake: whoa JBLU more

kc: JBLU rumor of Lufthansa buying stake

Muddy: tad over 8 again JBLU

Muddy: when i traded some with Ameri it didn't

kc: BMRN drug approval

clunk: News out on JBLU now

clunk: Lufthansa buying a stake

clunk: BMRN hod

Muddy: LRN 24 touch

pete: CTCT popping

pete: USBE more hod

clunk: DNDN more

syl20: FLML new hod 9.27

Loki: FLML lil pop

Loki: BBGI huge pop, low vol

pete: RIGL more

Muddy: RIGL more

clunk: NWK halt

StockRake: AKNS...

Muddy: pre AMIS back hods

StockRake: RIGL

StockRake: market might be rallying here

Muddy: RIGL 22

mrstrader: MELI HOD cross 52

goongreen: whatuc Stock?

StockRake: PRKR anyone mention that one?

Muddy: AMIS 9.25

goongreen: MELI pop

therumpledone: Hey Muddy, did you buy RIGL?

mrstrader: MELI cross 53

Muddy: yes about where i called near open

clunk: RIGL wow

therumpledone: man...

TraderJJ: unreal

Muddy: yeah good drugs!

goongreen: what drug for?

goongreen: MELI pop to 53.76

Muddy:

clunk: arthritis

clunk: drug day today lol

Muddy: sorry that crappy ad got in my msg.

goongreen: thx

goongreen: no apology w/ 400%

Loki: MELI rippin

mrstrader: MELI cross 54 this i swhere I het confused

TraderJJ: 400%

TraderJJ: ?

pete: muddy, are you still in RIGL?

goongreen: MELI maneater 54

Muddy: pete yes

goongreen: FLML pop to 9.28

pete: nice, it shook me out during lunch with that dip

Muddy: 21 stop now

goongreen: steroids taking hit...Mitch on CNBC...dealers panicky

Loki: short em !

Muddy: oh yeah the baseball hearing

goongreen: lol...

goongreen: CAAS big pop

Muddy: 22 stop RIGL

clunk: will it do 200%?

clunk: lol

ASton: USBE lookin 4 mo

syl20: unbelievable

syl20: LRN over 25

Muddy: yes 25

Muddy: AMIS more 9.35

Loki: MASI ipo pop 40

Muddy: MASI on 52s run 40

mrstrader: a little late, but ENS HOD

davidb: JBLU halted

davidb: Lufthansa stake is only a rumour

StockRake: uh oh

mrstrader: OMTR back over 31

goongreen: oooops!

Loki: SUF lil pop

goongreen: lil bird EXAS big pop

Muddy: yes

syl20: SQNM hod 8.17

Muddy: FLML lil more 9.4

TraderJJ: JBLU says halted pending news

TraderJJ: checking news

Muddy: MATK more

goongreen: POZN alift

syl20: CRK over 34

Muddy: POZN nice

goongreen: wuz nutso.

Muddy: USBE inch 10.6

goongreen: RIMM off double bottom on daily...highballers

Loki: WWAT lil pop news

Loki: JBLU news is out if anyone still in

Muddy: china one RCH tad green 9.07

Muddy: LRN hod

davidb: yea, I'm in JBLU..........I think it will open around 7.27, the rumored price from Lufthansa

clunk: Lufthansa paying $7.27 per share for JBLU

clunk: 19% stake

Loki: CPST pop 52's

davidb: Won't see any trading till tomorrow though

davidb: Jetblue have announced it now

syl20: NPSP hod 4.30

Loki: JBLU trade time 3:25

syl20: SQNM hod 8.20

Muddy: DNDN upping back some near 7

TraderJJ: CPST hod

syl20: RIGL back at 23

Muddy: yes

Muddy: i'm out 21.7

syl20: i was out way too early...

StockRake: DNDN news is kinda cool

goongreen: whats say Stock/

goongreen: SUF steady up

Muddy: 200% geez

syl20: RIGL over 24

StockRake: RIGL 24 geez is rt

syl20: man...

syl20: it's killing me

ASton: ha

therumpledone: Muddy... MARKET'S RED, YOU SHOULD BE IN BED!!

TraderJJ: lol

Muddy: ha,yeah thats right

Muddy: JBLU open

therumpledone: Did you ever buy a Zippo from JoeG?

Muddy: hehe,no

mrstrader: OMTR cont. at HOD

Muddy: been steady yes

Muddy: AMIS lil more 9.45

Muddy: JBLU vol flying

syl20: what is the price ?

davidb: everything!

Loki: MASI 41

syl20: FLML at hod 9.49

davidb: RIGL off again

Muddy: looks like more coming yes

therumpledone: Hey Bill, remember that SHORT idea we talk about? I am up over $3,000 now...

therumpledone: I put a portfolio on wallstreet survivor

therumpledone: $3,800 at the moment...lol

TraderJJ: nice TRO

mrstrader: MASI still making new highs, anyone holding o/n?

therumpledone: Yes, it is way too funny how many ways you can make money off the TRO STAT SCAN...LOL

Muddy: Tro,its easy $$

Loki: not me, will be out before eod MrsT

syl20: FLML 9.70

therumpledone: yes, I was down a grand or so but like you said.. wait about a month...lol

Muddy: yeah just wait,most get smoked

Loki: SDTH pop near green

therumpledone: Well, the market DID PEAK while I was short...lol

Muddy: FLML going nice

therumpledone: wow RIGL made up that big drop in 2005

therumpledone: bet those people are happy...lol

goongreen: SUF ablaze

goongreen: 21 green stats scan 12/03

mrstrader: MASI has news/new contract behind this move

Muddy: MASI near 42,nice

therumpledone: Dow and SP500 green

therumpledone: get ready to wake JoeG up

goongreen: MUD run to bank?

goongreen: RIMM 104 kiss

Loki: LULU back 47

mrstrader: OMTR 32

davidb: RIGL new high

TraderJJ: RIGL unreal

ASton: USBE on upping

syl20: amazing ... !!!!

syl20: over 25

syl20: went close to 26

Loki: LRN more

syl20: yeah, was about to say the same thing

mrstrader: CRDC lil pop

Loki: POSS 17 break

Loki: super day, thanks all

goongreen: ty bye

ASton: ditto//

davidb: Thanks for the RIGL tip

ASton: amis

therumpledone: byebye

syl20: bye everyone ... see ya on Monday !

BELOW ARE THE STOCKS I HAVE LOADED.......

for next week plus the highest 140 % runners on the basic TSS listed in order of number of times they've run 10-19% in the last 100 days.

As I've said before I scan the HOD list most of the time during the day but to take a break and give my eyes a rest every once in awhile I quickly flip through all these watchlists looking for stocks that are looking like they are ready to break new hods.
It's a great way to find the ones you miss on the actual scrolling HOD list.
I always seem to catch a few nice ones a week this way I'd otherwise miss.
And the way some of these higher rangers I watch run sometimes it's well worth the effort.

I also scan premarket leaders, especially paying attention to ones that hit the leader board late near the open.
Also I note the stocks that were on the afterhours leader list but don't appear on the pre leaders list or are late hits to it.
Also 15/20 minutes before open I run through all my Scott watchlists and look only at stocks that have premarket volume and the bid is at or over the previous closing price with the ask quite a bit higher than the bid.
This is another reason I like to keep so many watcthlists because many of these I don't see on any other premarket leader lists and some really do run well.
Earnings news and drug news (RIGL whoa!) off the premarket lists I pay very close attention to.

OLDER AND SOME VERY RECENT IPO'S I SCAN FOR POPS

These can have a way of popping on me without me seeing them on the HOD list, especially the newer ones until the symbols get burned into my brain.
So I keep a list of 20 on Scott of ones I feel have the moves from time to time.

The first 4 are new in the last couple of days.

LRN TNK MDAS MEMS CLNE WX STAR SCOR MASI KUN RCH PRGN MELI LULU STV VMW DDUP INFN PWRD GRO

TSS LOST 8% 1 DAY/10% 2 DAY/FAILURES FOR 12/17

NFI SCON WCI SCA CNOA IMB HSOA BIDZ CPWM WHI DEIX RAS NTWK EEE SORC NUVO UGTH BXC MWY NWK

GAINED 8% WATCHES FOR 12/17

ESLR FRPT CSUN SVNT ADPI SWHC CLWR EXEL MGRM AVR SIMO PEIX CMZ TRU AKNS MESA ASYS SNG MNTA MRGE VRNM FRNT DLII BMTI ADY KAD WIH AGFL PRC ACFN BMRN JASO MELI YGE AFFX URI VYHN MOSH NASI HEB

All stocks are average day range(30) above 3%

Someone asked if I could only watch one group (list) of stocks which would it be.
Day after day it would be these,yesterdays momo's.

LOST 8% WATCHES FOR 12/17

CHINA FNSR CNXT ZQK CNB MGI CPNLQ RVI CAO PFWD NFI DSW FINL GGC MNI RMIX SWC WHI CPWM TLB ASUR NTWK SORC MNKD CHVC JAZ NRMX IDMI IFNY CHCI SPKL HYBT MWY BXC MMPI BMD NTEC CBF BUCA DWCH

All stocks are average day range(30) above 3%

DAY RANGERS FOR WEEK OF 12/17

CFC FRPT ADPI CAO SCA SPF NFI CPSL SVN LUM IQW GTOP FLE JMBA WCI MECA KKD WHI CPWM HYTM HSOA JADE MRGE CTDC SORC NUVO ZVUE UXG DLII FBTX LUNA EXAS SSTR HYBT KAD WIH MWY AGFL LEV BXC

Especially good when turning green from red.

This week to make the top 40 the cutoff was ADR(10) above 10.5%

TSS OVER $15 - 12/13

JRJC LULU ABK CHNR ASTI YGE EFUT CSIQ ELON SOLF MTH PWRD WX MTG TBSI IOC GSOL MBI ANW RWT

DOWN 8%+ YESTERDAY 12/11 WATCHES

FRPT TRID MYE ITLI SPAR HYTM NAVI IMAX HEB OSTK CAGC KOSN ALMY BIOM CTIC ADSX PEC AMC SSTR SOFO

Wait for GREEN hold,decent volume.

MOMO WATCHES 12/11

In order of yesterdays volume:

CFC RAD PMI HOKU RDN NFI NUVO SPF JMBA DPTR WCI FMT KKD SCA CRDC SDTH SORC WHI FBTX PLAB CENT SEAC TGIC ARP CAAS GBN URRE MHO CPWM PRS PFB RAMS FBP DCOM PRKR TAMO BXC GVHR IIIN LEV

Wait for GREEN hold,decent volume.

TSS OVER $15 12/11

JRJC ABK PMI ASTI LULU YGE CHNR EFUT CSIQ MELI ELON SSRX SOLF MTH PWRD WX MTG TBSI IOC GSOL

Wait for GREEN hold,decent volume.

TSS 12/11 - LOST 8% 1 DAY/2 DAY 10%/FAILURES

KUN CHVC RCH KOSN SSTR TKO HYTM FRPT SPAR NAVI DSCO ASIA ISSC IMAX BWTR RGCI EXEL PALM SWHC CTIC

Wait for GREEN hold with decent volume.

TSS OVER $15

Myself I set the scan like this:

close is between 15 and 50
average volume(90) above 50000
average volume(10) above 250000

Showed only 2 losers out of 20 stocks 2 days in a row now.
Market has been great yes, but still nice to see.

In the about 3 weeks I've tested during live trading there have been really good setups everyday.
I realize some folks like the higher priced ones,maybe something to take a look at.

A SITE I REALLY LIKE

I found a new IHub trading site, Wealth University, created 10/23 that I've been following since its inception.
Chartinator, the moderator over there seems to be a real stand up guy, plus his charting, advice, and trading abilities also seem to be outstanding.
They have opened a portfolio over there and they started with $2000 on 11/03.
After the last closed trade on 12/6 the port stands at 15,438!

There is no pump crap that I've ever seen there and all trades are posted with the exact trade alert prices and exits.
I think there is a lot one could get out of this site. Here's the link if you'd like to check it out HERE.

How the Hell Does He Do This?

Okay, he called this at the EXACT minute it started the run. How does he know? He knows tons of stocks and how they have behaved in the past is why. Says JADE has done it 6 other times on big white candles. Um kay. Plus he watches the HOD list continuously. That's how he sees them quick. The ones he knows from the past.

Running the stat scan nightly is a great way to learn stocks as you see many of them time and time again hit the scan. Look at the charts and you start to build a "runners database" in your head. Then when stocks you know hit the HOD with volume/momo, you instinctively know what to do. Hit the buy button.

TSS 12/6 -LOST 8% 1 DAY/10% 2 DAY/FAILURES

NFI CHNG BMD DEIX VLNC EEE CLWR GFET TOPT SSTR CLNE BLG HOKU RTK KOG GTOP GRO GRS SHFL ETFC

TSS 11/30

SUF BONT BLG WTSLA ENT CMRG GNVC VM IQW GTOP ADVNB PBY ETFC SMRT CENT BRLC CTR PSEG PRPL ENCY

This is the one I run every night.
It's the lost8% 1 day/lost 10% 2 day/failures scan.

Myself I have it set at:
close is between 1 and 15
average volume(10) above 250000
Also I rank them in order of their frequency top to bottom by number of times they have run 10%+ in the last 100 days.
I like to have at least 20 watches so you'll see in order to get 20 I needed to drop price down to .50 to get the last 2 matches.

So if you are following along I have this watch list today plus the lists from the basic TSS that I only run once a week for Monday thru Friday and the list of momos (8%+) from the last 3 days off both those 2 lists I just mentioned.

TSS UPDATE 11/29

PEIX which if you look at the 11/28 TSS update is on that list went gonzo today.

That is why I keep 2 day's previous lists still loaded on my watchlist and 3 days worth of the momos off each respective list. (Where PEIX came from.)

Here's how I use the whole concept of the TSS.

(1). Run the 1 day 8%/2 day 10% lost/failures list EVERY night and load the top 20 in order of times they have run 10% or more in the last 100 days.
(2). Run the basic stat display once a week on the weekend and load all stocks in order of times hit 10-19% down to and including only 7 hits in 100 days.
(3). I keep 2 previous day's lists of (1) explained above and a list of the momo runners off the list from the past few days.

Today's 1 minute PEIX chart.











That whole list today.Market not that great but these were pretty good.













A shot of the (1) method described above that shows todays watches.
As I've said before if you're a daytrader this stat scan seems to give me a huge edge

TRO STAT SCAN UPDATE 11/28

Over the last few days there have been some great trading opportunities off these stat scans.
All these nice runners were either picked up on the basic TSS (Tro stat scan) and /or on the 1 day lost 8%/2 day lost 10%/failures TSS.

Here's a list of the ones which ranked very well in regards to the odds favorable for a decent run once they go green,quite a few I traded.


CNEH YTBLA PURE UTSI SCA JADE APPY SCON NRMX HOKU JRCC OCNW CBF YTEC FUQI RAMR MMPI EMAG NM PEIX

RE:FAILURES AND BACK LISTS

If you look at the screen shot from yesterdays "combining" post of the 8% losers you will see that there were 3 very big losers.
VXGN was down 25%, TA 23%, CAMH 18%

All 3 of these were up nice today, VXGN 22%, TA 6%, CAMH a whopping 70% and catchable as it crossed $1 just after 10:30.
I not only spotted it on the high of day list but on my other monitor as I was "flipping" through my watchlists.

Which brings up another point.
I keep a few days worth of all my lists and every 10 minutes or so to give my eyes a rest from the rolling hod list I quickly flip through every list I have to scan for stocks that look to be on a move with volume.
While on that same list with CAMH I saw FXPE was up a few % at 1.14, bid/ask flipping which I term getting "jiggy".
In about 90 minutes it ran to 1.33.
This was a bonus of keeping a few back lists as I never once saw it hit the hod list.

Podcast Interview

Muddy's interview with Tim Bourquin, of traderinterviews.com.

TRO STAT SCAN 11/15

ACA UTUC ACUR VLNC JSDA CHVC EXAS CPNLQ WWAT APIO SHRP TARR UTVG SCA JRCC HSOA SSTR CTDC CHNG FMT

COMBINING FOR A BIG EDGE

Taking TRO's stat scan and adding the 8% momo gain and lost 8% list,2 that I have used with great success for years now, gives me a super arsenal in the battle for the edge.

Here's a screen shot of the 8% gains I had on watch today.
Btw, QSC that you see on it has been on the list since a close of 1.92
And I first picked it up on 11/12 at 1.50 RIGHT OFF THE HOD LIST WITH SURGING VOLUME.
The hod list as you know is invaluable for me

Here's a screen shot of my 8% losers list I had on watch today.
This thing rocked today! 7 double digit gainers today!
Needless to say with these 3 lists I ripped it today.
I said this exactly 1 month ago in my Oct 14 post: "THESE PAST 6 WEEKS HAVE BEEN THE BEST DAYTRADING MARKETS I HAVE EVER SEEN".
And nothing has seemed to change.

FAILURES AND THE STAT SCAN

The list for today had a pretty good day despite a red market day.
The "fails" did particularly well.
The failures were TNRO SCON ACUR JSDA LUM AKNS SVA CPNLQ EEE

The 7 reds for today definitely go on tomorows watch.
Here's a screen shot of todays list:

TRO STAT SCAN 11/14

TNRO SCON ACUR BCON UTUC ACA ZVUE VLNC PNPFF JSDA LUM AKNS CHVC EXAS ASUR GBT SVA CPNLQ EEE WWAT

If you look at yesterdays list there are a few on this list that I refer to as "failures"
These are ones that failed to close up for the day.
These can be some of the biggest runners once they hold a % or 2 green.

Note that there can be 1,2,3 day and even longer failures!

TRO STAT SCAN 11/13

TNRO CTDC ASTIZ SCON ACUR SUF DSTI VG JSDA LUM AKNS SVA CBAK CPNLQ EEE SLTN UGTH JADE FXPE NTWK

On Green

MOMO FOR MONDAY 11/12

Another crappy market day Friday but there were enough 8% gainers to fill up 2 20 stock watch lists:

PMI RDN MPEL ONT SAPE NFI TWMC NWY TGIC BBX AMIS SVA PTSEF CORS DFR CPKI MNTA GNCMA HEES SMRT SDTH EXAS XRM GTOP GUPR ABTL ORS NAVR CXZ FXEN COSI MMPI SOEN IASCA INPC WWEI BRST TNRI TPDI MVBY

I watch these closely on the hod list for moves on volume.

I WANT STATS AND AN EDGE

I've said it before a bunch of times,you need an edge in trading anywhere you can get it,no matter how small each one is.
They all add up if you want to become a better trader.

Unless you are a personal friend of mine I want every edge I can get over YOU!
Don't get me wrong,I want everyone to do well or else I wouldn't blog and try to share everything I know.
It's nothing personal,I just need that aggressive attitude to trade the best I can.
And I respect and admire anyone that I feel trades better than me,no jealousy whatsoever because they have no doubt worked for it and have found their edges.
Case in point is a trader in our chat, Loki.
I have no doubt in my mind Loki is a better trader than I am.
I know that he has worked hard and I bet he'd tell you the same about his "edges".

The scan below in the last post imo is awesome for giving one an edge.
It was written by Avery,aka Therumpledone, who many know as an awesome coder.
Over the last 4+ years he has helped me out tremendously and this scan "display" for me is his best work yet in giving me,as a daytrader, a big edge in finding potential big gains on runners off green hits.
The thing is, I know most of these runners,but only because I've been trading for so long and study the charts of the high dayrangers and momo stocks.
But if I was newer to this type of trading this display filter I'd consider worth it's weight in gold.
There is no other way to learn more potential runners faster and easier.

So anyway these are the ones I've come up with as having the best odds of giving a nice gain on a green hold.
Average volume (10) I adjusted to 250000k.

These have lost at least 10% in the last 2 days:

ASTIZ SCON ACUR MXOM JSDA LLNW JADE FXPE WCI LUM NINE CPSL TMTA EEE PTT CRDC BONT SCA CDS QXM

These have lost 8% in the last one day:

PLX FMT VG CHVC ONSM NTWK CSIQ ESLR MIVA NDN SATC DFC

Filters for Finding Runners

The first 2 filters here (written by Avery, aka The Rumpled One) are great for finding stocks that have run in the past and what percentages they have run daily in the past 100 days. Find it here.

Thanks go out to Avery for these filters.

Going Long: Bwaaaaaa! I'm crying!

CF blowout E/R, we bot in our long port on 1/29 (click here). Up 236% at the AH price. Annualized gain is 315%. But did we buy it with real money??? Nooooooooooooooooooo.