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

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.

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)

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.

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

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

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.

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.

YTBL-Another 10/60 Chart

On Muddy's Dayranger List. Shew, what a range. And beaten down big over the last day or two. Geez, the POS probably deserves it, but who cares. Trade it for today and move on.

Notice the volume spikes before the 10/60 cross on green candles. Then the 10/60 cross. Then another big green candle with volume. ALSO, crossing the even dollar mark at $7, which as you know, Muddy loves.

If you weren't watching before the cross, it was a beautiful buy signal at $7 after the cross. Closed at $7.85.

MSTrader Stock Watch 2/21/07

I've got forceswing candidate FALC as well as breakout candidates ICGN WITM AOB GNPI ID STEI and INSM & NYNY. Also fails and fast k watches, TRXI AVNR ILA.

In the past few months, a few of my colleagues have approached me about joining an MLM travel network, YTB Travel. YTBL came up on one of my low RSI filters today so I did a little homework - read more about it here.

WATCHING FOR POSSIBLE CONTINUATION

XMSR TERN ANAD OLGC CNTF SIMO VSE CXTI KOG PTCH KRSL VCLK LTS BIOM ZIXI KFI HIMX NTO DFZ PTSEF

DAY RANGERS WEEK OF 2/20

CYTR INSM NWACQ AFRPF BKBO PRW LTS SOLM MAMA PLRO AOG UPBS EVCC OPBL ONSM SVA FORG BVSN MLSS DKAM CXTI YTBL JRJC DSTI ZVUE DCNAQ MMG CPNE ZICA TBUS KBX ZAAP ZTM

BEATEN DOWN,GOOD DAYRANGE, VOL WATCHES 2/20

DALRQ DENN QDEL CAPA SNIC DVSA CYCR ION PACT JDO WITM LOOK CTTD INNO DKAM VXGN NWACQ PRW ARBA STEC

GREEN hold and/or 10/60 cross

FAST%K FILTER WATCHES 2/20

CBRX SIMG CENT CBAK STEC DSCM AVNR TRXI TELK PPHM CAPA RNWK PACT ESCL DVSA TWLL CHB FBR MNTA BDAY

GREEN hold and/or 10/60 cross