Saturday, February 24, 2007
WITM
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 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
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 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 e
OT - Feline Trading or "A Letter to My Pets"
(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
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
DAY RANGERS WEEK OF 2/20
BEATEN DOWN,GOOD DAYRANGE, VOL WATCHES 2/20
GREEN hold and/or 10/60 cross
FAST%K FILTER WATCHES 2/20
GREEN hold and/or 10/60 cross
Tuesday, February 13, 2007
10/60 SMA Crosses NWACQ
Muddy was watching NWACQ this week. LOL, he has been stalking it since it headed south, waiting for the reversal. Up nice this week.
I took a picture of the chart on Monday, 02/12. See the quiet volume and price before the 10/60 cross on BIG volume. Then it takes off. Nice cross with volume.
Now look at the NWACQ chart from last month. Yes, it made a 10/60 cross, but no volume to confirm. Huge volume on the selloff earlier, but not on the cross. Not a play here just because it made a cross.
Friday, February 9, 2007
STOCKS IN MY STOCKTICKER PORT AT OR NEAR 52 WEEK HIGHS
Percent Off 52 Week High
| Symbol | Change | % Off 52wk High |
|---|---|---|
| LTS | +111.67 % | At new high |
| XOMA | +37.45 % | At new high |
| MEMY | +92.58 % | At new high |
| FRG | +25.00 % | 3.2 % |
| ASIA | +3.66 % | 7.1 % |
| CHTR | +5.18 % | 9.2 % |
| BRCD | -4.08 % | 10.1 % |
| LVLT | +17.34 % | 10.4 % |
| ONSM | +26.20 % | 11.4 % |
| ZIXI | +57.14 % | 16.2 % |
| MVIS | +11.63 % | 19.8 % |
| LSI | +1.43 % | 21.7 % |
RECENT ADDS ON STOCKTICKER
STOCKS I CONTINUE TO WATCH
Please remember I love the dayrange kind and they can often be volitile so if you are newer to trading it might be best to stay away from this kind.
There are 3 that are at their 52 week highs,which is a good sign, and a couple more that are getting close.
My Profitable Stocks
| Symbol | Change | % Off 52wk High |
|---|---|---|
| ROHI | +120.55 % | 81.1 % |
| LTS | +111.67 % | At new high |
| MEMY | +92.58 % | At new high |
| ZIXI | +57.14 % | 16.2 % |
| TRMM | +42.72 % | 70.4 % |
| XOMA | +37.45 % | At new high |
| ONSM | +26.20 % | 11.4 % |
| FRG | +25.00 % | 3.2 % |
| THLD | +21.84 % | 81.3 % |
| FORG | +20.17 % | 36.7 % |
| LVLT | +17.34 % | 10.4 % |
| AVNX | +11.79 % | 37.7 % |
Wednesday, February 7, 2007
PREMARKET VOLUME ACTIVITY, ANOTHER "EDGE"
Muddy:
1/31/2007 9:27:54 AM
watching GVGC at a buck from pre market vol scan.
from my "beat down" scan with big vol selling increase yesterday.
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Muddy:
2/5/2007 9:10:41 PM
Up 111% in 4 days.
I'm sure the veteran traders here know this but newer traders,this volume stuff works.
Premarket and intraday.
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Muddy:
2/6/2007 7:36:54 AM
Someone asked how I found GVGC,this is how:
I then arrange them with the biggest % losers at the top.
Then I load those into my watch list and beginning with the premarket open I watch for volume and bid/ask action.
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2/7/2007 12:23:19 AM
Muddy, is there anything special about the offset date you selected?
or, do you pick an offset date a few days into the recent past?
What works best for you?
Thanks
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Muddy
2/7/2007 7:04:10 AM
I used that date offset as an example to show GVGC,now up 155%!, and how to arrange them in order to show the biggest losers at the top.
I use a date offset of 0 when searching for premarket volume candidates.
Yesterday there were 2,RNCH and TTDS,that showed a nice spike in premarket volume activity.
One could see by the premarket bid/ask activity that RNCH was probably opening down and TTDS up.
TTDS showed around 7500 shares traded pre and if you chart it you'll see many recent days when it didn't even trade that much in the entire trading day.
I believe this gives me yet another edge on the market.
TTDS opened at 1.63 and at 1:32 p.m hit a high of 1.95,closing at 1.81 giving me yet another nice gain.
Today I'm watching in premarket action:
CENT CTTD JSXG GSAT ENCO LSPN ACGI CPHI OPTI PBH CBPC PRCP PRTL ROCM CHTP FRP
Tuesday, February 6, 2007
AWESOME Green on the Screen TODAY!
I'm bummed out. Can't watch or trade much now. Sure, Muddy gives me the highlights when I get home, but still, not the same.
Great day for all of you that could watch and trade today! AWESOME Green on the Screen! And there were more than these put up in chat today. I can only fit 20 on a page.
Great going to all!
Sunday, February 4, 2007
Stock Watch 2/5/07 CEGE ZANE
No recent news for Cell Genesys, CEGE. But on Friday, 2/2/07, ZANE was also a forceswing candidate that closed the day up 6.59%. Earlier in the week, shares of ZANE soared over 100% on news of a Homeland Security contract.
It goes without saying to have some entry criteria - i.e Hold for GREEN, volume, 10/60 cross...
Wednesday, January 31, 2007
VOLUME
Muddy:
Yeah, and the neat thing is how the volume in premarket gave the indication of the action for CTTD on Tuesday.
From the chat yesterday:
"Here are the picks Muddy put up before I started logging the chat today."
MUDDY’S PICKS FOR TODAY:
CTTD EVCC SCRA LFXG GIGA CBRE SEED QLTY RGBL RDWR DCNAQ GEPT LOCM MSI SNSS GMET ESCL OBCI SRLM WAVE
Muddy said CTTD or one of these should do 100%, either UP or DOWN. Luckily for us in chat, he was pretty close on the UP side! He is talking about CTTD below at the beginning of the log."
(Jan 30-09:19) Muddy: this could be interesting
(Jan 30-09:20) Muddy: 2.5 mil shrs now
Note that that was posted BEFORE the open.
CTTD opened at 1.02 and closed at it's hod at 1.65 on 12.2 mil shares up from 729,000 the day before!
The second watch from that list,EVCC another good gainer for the day,also had very good premarket volume.
Alot of beating this game comes from VOLUME folks.
From the same scan today I have RGBL CBRE LFXG GNSS VLTR ZANE COOL EDNE ECR TBV EMFP TVIA PXLW CUP
I will be watching premarket/opening volume again on these.
Please understand this method/stocks is not for newer folks that don't understand you must watch these stocks closely all day if you enter one.
Trail them up with your stop and let them run when they are at or near their hod's
Sunday, January 28, 2007
Long, long trades
For example, I know that Muddy planned to take the summer off from trading in 2005. That summer turned into a 16 month vacation for him. But I am fairly sure he didn't have his money in a bank account or CDs during that time, but instead in quality stocks and mutual funds.
So yes, less volatility, but I am still looking for winners here. Here is a chart of BAM.
A couple others in the Real Estate Holding/Trust sector I am looking at are CBG, ACP, and SLG.
Love to hear from others on what you have on watch/buy list for long term holds!